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· Absolute Shockers · MARKETS

What Percentage Of Wealthy Families' Assets Is Invested Overseas?

In the new age of emerging markets this might not come as a surprise - we spotted this stat today:

"A new survey by the Institute for Private Investors of families with $30 million or more of investible assets showed that the families have one third of their assets overseas. One in five wealthy families has more than half their investments overseas. Most of them are buying overseas stocks, while they also are buying into hedge funds and private equity with exposure abroad."

Statistics Source: WSJ

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