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Ultra-Rich Families Ride Surging Stocks To Double Annual Returns

TedTed
in The Bullpen
FYI: Family offices scored average returns of 15.5 percent last year, up from 7 percent in 2016 and 0.3 percent the prior year, according to UBS Group AG and Campden Wealth. Those in Asia led the way with a 16.4 percent return in 2017, fueled by soaring stock markets and private equity.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-09-24/ultra-rich-families-ride-surging-stocks-to-double-annual-returns?srnd=premium
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