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FOs saw increase in investible wealth despite market sell-off: UBS

While the pandemic created a diverse impact on UHNW businesses, most family offices managed to make a profit in their investments after the market tumble in March, thanks to their well-diversified investment strategies. UBS Global Wealth Management launched the Global Family Office Report 2020 on Thursday, the first in-house UBS report on the activity of family offices. The report found…

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