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Families Veer Away From Risky Investments
06/15/2009
Rick Pitcairn--Kristen Oliveri
Family offices are increasingly shying away from risky investments such as hedge funds, private equity and private real estate and focusing more on inflation protection through investments like Treasury Inflation Protected Securities (TIPS) in the wake of the recession, according to Rick Pitcairn, cio of multi-family office Pitcairn. “The attitude of families has significantly changed towards ...
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