Geopolitics Alpha

Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds

Published . Updated .

Inflation displaced tariffs as family offices' top investment concern in 2026, per a new Citi Wealth survey.

Directly affected

  • No company is named in this report.

Indirectly affected

  • AAPL Apple

    Sales and supply chains are exposed to a new tariff

  • NKE Nike

    Sales and supply chains are exposed to a new tariff

  • CAT Caterpillar

    Machinery exporters are exposed to China tariffs

  • DE Deere

    Machinery exporters are exposed to China tariffs

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • FXI iShares China Large-Cap

    A fund of large Chinese companies

  • KWEB KraneShares CSI China Internet

    A fund of Chinese internet companies

  • BABA Alibaba

    Chinese platforms are exposed to a tariff fight

  • QQQ Invesco QQQ

    Big tech moves with a tariff fight

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AAPL———————
NKE———————
CAT———————
DE———————
TLT———————
IEF———————
FXI———————
KWEB———————
BABA———————
QQQ———————

Inflation displaced tariffs as family offices' top investment concern in 2026, per a new Citi Wealth survey.

Source: CNBC Top

The price since 24 Sep 2026: Ishares Tr (IEI) versus the S&P 500

Since the first closing price after “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds,” Ishares Tr (IEI) is +0.59%. The S&P 500 fund (SPY) is -0.62% over the same days, a +1.21% difference versus the market.

IEI
SPY

The Taiwan Strait count beside this story

Taiwan Strait has 49 linked stories in the last 7 days and 49 in the last 30 on the page that also carries “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds.” The recent pace is rising.

Who gains and who pays if Taiwan Strait stays in the story

Companies carried with this story

  • IEI Ishares Tr

    For “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds,” Ishares Tr (IEI) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • UGA United States Gasoline Fund

    In “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds,” United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    In “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • DBA Invesco Db Agriculture Fund

    For “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • MOO Vaneck Etf Trust

    In “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds,” Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XME Spdr Series Trust

    Spdr Series Trust (XME) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XLY Select Sector Spdr Tr

    Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IWM Ishares Tr

    For “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

How a Taiwan Strait shock reaches Ishares Tr (IEI)

The 24 Sep 2026 story “Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds” names Ishares Tr (IEI) because of Taiwan Strait.

What ties Ishares Tr (IEI) to the headline is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

A second company, United States Gasoline Fund (UGA), is listed for a different reason: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

The price range for Ishares Tr (IEI), and the dates in the story

GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. IEI traded between 113.03 and 114.41 across 10 sessions. The latest close on file is 113.99. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.

A simple score for Ishares Tr (IEI)

46 out of 100

“Family offices double down on stocks and private equity even as inflation spurs worry, Citi survey finds” scores 46 out of 100. The score uses 1 sources, and 21 linked companies.