Family offices keep ‘strong bias to the U.S.’ amid market turmoil, UBS survey finds

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Family offices keep ‘strong bias to the U.S.’ amid market turmoil, UBS survey finds - Fortune

Quick Summary:

'I think it's too early to believe that U.S.exceptionalism has ended,' said one executive.

Still, the company was able to carry out more interviews following the market turmoil, and found most wealthy investors were planning to stick with their plans and wait out the ensuing economic uncertainty, even as markets tanked and recession warnings increased.

The asset allocation split between traditional and alternative investments for family offices is split at 56% for the former and 44% for the latter.