October 1 marks the opening of Gelephu Mindfulness City (GMC), Bhutan to family offices and investment funds. The opportunity isn't just about bringing new capital into the city. It's about creating a place where capital, financial expertise and Bhutanese talent can meet. #GMC# #Bhutan# #GelephuMindfulnessCity# #Web3# #Asia# #EmergingMarkets# #Asia# #DigitalAssets# #Crypto# #Innovation# #Crypto# #SouthAsia# #FamilyOffices#

Family offices boosted their stock holdings in the second quarter and trimmed their exposure to real estate and private market investments, according to the latest CNBC Family Office Portfolio Tracker. Single family offices held 37% of their portfolios in stocks in the second quarter, up from 34% in the first quarter, according to the CNBC Portfolio Tracker powered by Addepar, the foundational data and artificial intelligence platform used by financial professionals globally. More:

FAMILY OFFICES JUST MADE THEIR BIGGEST MOVE INTO STOCKS IN YEARS Single-family offices held 37% of their portfolios in public equities in Q2, up from 34% in Q1, per the CNBC Family Office Portfolio Tracker powered by Addepar. Allocations to alternatives fell to 46% from 49%, the largest drop in years. Private companies, real estate, private equity, venture capital and private credit dropped 3 percentage points combined. Cash came down by less than 1 point. The five most commonly held stocks: - Microsoft $MSFT, held by 77% of family offices - Amazon $AMZN, 76% - Google $GOOGL, 76% - Apple $AAPL, 70% - Nvidia $NVDA, 69% Addepar CEO Eric Poirier said the increase in public equities was the biggest quarter-over-quarter shift in three to four years. The data covers hundreds of family offices representing more than $1.4 trillion in assets.

Family offices boosted their stock holdings in the second quarter and trimmed their exposure to real estate and private market investments, according to the latest CNBC Family Office Portfolio Tracker. Single family offices held 37% of their portfolios in stocks in the second quarter, up from 34% in the first quarter, according to the CNBC Portfolio Tracker powered by Addepar, the foundational data and artificial intelligence platform used by financial professionals globally. Learn more: