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UHNWIs, family offices prefer liquidity over returns: Citi PB survey

It’s not just mom-and-pop investors in the stock markets that are selling down to hold cash; UHNW individuals and family offices too are prioritising liquidity over returns. That’s according to a Citi Private Bank survey that gauged investor sentiment among UHNW individuals and family offices since the start of the COVID-19 pandemic. It found that nearly three-quarters of respondents described…

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