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Asia FOs increasingly seek liquidity through IPOs and M&A amid wealth transfer: UBS GWM

As the ongoing wealth transfer from first-generation entrepreneurs to their successors accelerates, wealthy families in Asia are looking to strategically sell their businesses in order to enhance liquidity, UBS Global Wealth Management told Asian Private Banker. Anurag Mahesh, head of Global Family Office, APAC at UBS GWM, said that according to the UBS and Campden Family Office Report 2016, around 75%…

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