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Wealthy Asian families use philanthropy to “train” the next generation: UBS WM

The UBS Global Family Office has noticed that wealthy families in Asia are using philanthropic projects to teach investment skills to the next generation, according to Edith Ang, executive director, family advisory group, Asia Pacific, at UBS Wealth Management. “In Asia, philanthropy is used as a way to train the next gen as families perceive it to be a good entry…

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