About half of the money managers also said they’re overexposed to the greenback, even as North America still makes up the largest slice of their portfolios by region, according to UBS’ 2026 Global Family Office Report.
(May 28): UBS Group AG‘s family office clients are curbing their financial exposure to the US as part of a revamp in how they manage the world’s shifting macroeconomic landscape.
Almost a third of 307 private investment firms for the ultra-wealthy surveyed this year through late March said they’ve cut or plan to reduce allocations to assets held in US dollars, Switzerland’s biggest bank said in a report released Thursday.
