HSBC Global Private Banking (GPB) had another record year for alternative investments in 2021, raising around $3.2 billion in private client commitments globally.
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How HSBC Private Banking’s family office advisers can help prepare for uncertainty
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While the Covid-19 pandemic has seen a surge in the fortunes of some ultra-high-net-worth individuals worldwide, it has also exposed potential vulnerabilities within even the wealthiest families. Death, relationship breakdown, business risk and failed succession plans are all common sources of problems – and have all been exacerbated by the pandemic.