Family Offices Added US Stocks Ahead of Trump’s ‘Liberation Day’

Investment firms for the world’s wealthy increased their stock bets ahead of President Donald Trump imposing new tariffs that sent global markets into a tailspin before eventually clawing back losses.

Family offices for a European dynasty, hedge fund billionaire Noam Gottesman and duty-free shopping tycoon Alan Parker all boosted US equity investments in the three months ended March 31, according to 13F regulatory filings, days before Trump’s “Liberation Day” sparked market chaos.

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Alta Advisers, a London-based investment firm for members of Sweden’s billionaire Rausing family, ...