While German and Swiss billionaires are the most adept at passing their fortunes to their successors, Hong Kong ranks ninth out of 14 geographies surveyed by UBS. Photo: Shutterstock

It takes more than trusts to iron out family feuds

Trusts and foundations can provide stability at a time of transition in family businesses but need to be paired with effective family governance

Topic |   Management

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While German and Swiss billionaires are the most adept at passing their fortunes to their successors, Hong Kong ranks ninth out of 14 geographies surveyed by UBS. Photo: Shutterstock
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