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Family Office Returns Fell to 6.1% in ‘Lackluster’ 2014 Markets

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Family offices worldwide saw the average return on their investments drop to 6.1 percent in 2014 from 8.5 percent a year earlier, according to a report by UBS AG and London-based research firm Campden Wealth. European family offices performed the best by averaging a 6.4 percent gain, mainly because of…

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