Survey: 60% of family offices plan major portfolio shifts, reducing U.S. exposure for emerging markets

Summary

A UBS Global Family Office Report survey reveals that 60% of family offices plan major strategic changes to their investment allocations in the next year—double the rate of the past five years. Many are reducing U.S. holdings and shifting capital to emerging markets, particularly Latin America. North America is the only region where family offices plan to decrease exposure, driven by fears of an AI bubble, tariffs, a falling dollar, volatile economic policies, and rising U.S. debt.