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Cash-loading could sink family office returns

Family office portfolios could see massive underperformance ahead with most well-overweight cash, according to the latest Citi Private Bank global survey of the sector. David Bailin, Citi Global Wealth chief investment officer, said about a third of family offices in the survey reported cash holdings of 20 per cent or more while a further third…

David Chaplin | 23rd Sep 2021 | More