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Why super-rich are rushing to relocate family offices

A rich businessman holding a wad of money. [Courtesy/GettyImages]

Wealthy individuals are considering relocating their family offices to new jurisdictions to protect their wealth from being eroded by inflation.

A report by Standard Chartered Global Private Bank also lists cyber security and geopolitical tensions as the other reasons behind the planned relocation, as these individuals deploy strategies to safeguard generational wealth. 

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