News

Investment firms of wealthy families take bullish stance on stocks

Rich families aren’t letting volatile stock markets dim their investing outlook during the pandemic.

More than a third of family offices – the private investment firms of the wealthy – plan to boost their allocations to developed and developing equity markets, according to a survey released Thursday from UBS Group AG.

WSJ Logo
JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions