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Nikkei Markets

Asian family offices turning to tech, sustainable investment

Less emphasis on speculative foreign-exchange trading, says UBS

SINGAPORE (Nikkei Markets) -- The growing popularity of family offices in Asia is changing investment habits among the ultra-rich as they seek to preserve wealth for future generations.

The region's richest families are putting increasing sums of money into technology and speculating less on foreign exchange, according to Swiss bank UBS, Asia's largest wealth manager by assets under management.

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