Swiss bank survey shows: many institutions are withdrawing funds from the United States.

A recent survey shows that the wealthiest family-owned private investment firms are planning the largest adjustments to their investment portfolios in years, with many institutions withdrawing funds from the United States. According to the "Global Family Office Report" from a Swiss bank, up to 60% of family offices are planning strategic adjustments to their investment allocations next year, with many reducing US assets and increasing holdings in emerging markets. Globally, North America is the only region where these family offices plan to reduce asset allocations in the next 12 months. They indicate plans to increase asset allocations in Latin America and Africa.