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Wealthy families pile into bonds, private equity while shedding stocks – Citi

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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. More than half of the 268 family offices polled, accounting for a combined net worth of $565 billion, increased their…

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Click here to read the full story: Reuters

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