Comment on As interest rates drop, ultra-rich investors are giving up their cash for risk assets. Here's what they're buying.

As interest rates drop, ultra-rich investors are giving up their cash for risk assets. Here's what they're buying.

DNY59/Getty ImagesFamily offices were shifting from cash to risk assets well before the Fed cut interest rates.Citi Private Bank's survey shows high-net-worth investors favoring fixed income and equities.They are also diversifying into AI, healthcare, real estate, and digital assets amid rate cuts.September's Federal Open Market Committee meeting rang in the first rate cut of this cycle with 50 basis points.

 

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