Wealthy families pile into bonds, private equity while shedding stocks

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 78%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Market News

NEW YORK, Sept 12 - Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a survey by Citigroup's private bank.

"Family offices are focused on high-quality companies in traditional industries, with positive cash flows," Hannes Hofmann, who runs the global family office group at Citi Private Bank, said in an interview.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 13. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Wealthy families pile into bonds, private equity while shedding stocksWealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a survey by Citigroup's private bank. More than half of the 268 family offices polled, accounting for a combined net worth of $565 billion, increased their allocations in fixed income, while 38% boosted their private equity holdings. The shifts were the largest since Citigroup began the study in 2020.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Wealthy families pile into bonds, private equity while shedding stocksBy Tatiana Bautzer NEW YORK (Reuters) - Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing ...
La source: SaltWire Network - 🏆 45. / 63 Lire la suite »

Stocks set up for gains amid hopes for soft landing: Stock market news todayUS futures moved higher on Monday as investors weighed Janet Yellen's upbeat remarks on the US economy and as Tesla surged.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stocks gain amid hopes for soft landing: Stock market news todayUS futures moved higher on Monday as investors weighed Janet Yellen's upbeat remarks on the US economy and as Tesla surged.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stocks jump amid hopes for soft landing, Tesla surges: Stock market news todayWall Street stocks jumped early Monday, as upbeat Chinese data and comments from Janet Yellen fueled hopes for the world's two biggest economies.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Non-alcoholic drink market on the rise in Canada | Watch News Videos OnlineWatch Non-alcoholic drink market on the rise in Canada Video Online, on GlobalNews.ca
La source: GlobalCalgary - 🏆 50. / 61 Lire la suite »