businessUpdated: Sep 25, 2019 13:31 ISTRick Stone, a former partner at Cadwalader, Wickersham & Taft, sees treacherous times ahead for family offices trying to deploy cash. About 42% of family offices around the world are raising cash reserves. ‘More Caution’“There’s more caution and fear of the public equity markets among ultra-high-net-worth investors,” said Timothy O’Hara, president of Rockefeller Global Family Office. More than two thirds of European family offices surveyed by UBS, meanwhile, think Brexit will hurt the UK over the long-term. Family offices are also increasingly focused on a different kind of potential disruption: succession planning.

Source: Hindustan Times September 25, 2019 08:02 UTC