Family Offices Expect Positive Returns

This is a news story, published by CNBC, that relates primarily to Citi Private Bank's news.

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Family offices are the most bullish they've been in years, survey says

Summary

Nutrition label

78% Informative

97% of family offices expect positive returns this year , according to Citi Private Bank's 2024 Global Family Office Survey .

Nearly half expect double-digit gains this year .

Survey is latest sign that family offices are starting to make more aggressive bets on market and valuation growth.

With interest rates heading down, family offices regaining appetite for stocks.

"With crypto people were interested in it, but at best, they put some play money into it. With ESG , we're finding a lot of people are saying they're interested in it, but a much smaller percentage of family offices are actually really putting money into it.".

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Informative language

Neutral language

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informal

Language

English

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not offensive

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not hateful