Family offices in Asia-Pacific recorded the highest average return globally in 2017 at 16.4%, followed by North America (15.9%), according to UBS and Campden Wealth’s global family office report.
Tag: Family Offices
PE exposure rises slow and steady
Family offices and HNWIs are increasingly investing in private equity, according to Preqin.
Hong Kong firms seek alts growth through merger
Carret Private Investments intends to merge its Hong Kong private wealth management business with QL Asset management in hope of expanding the asset base in alternatives.
Waterfield expands as Indians warm to family offices
Mumbai-based multi-family office Waterfield Advisors appointed its first head of investment solutions last month amid growing demand from wealthy Indian clients.
BNY Discretionary push
BNY Mellon Wealth Management launched its discretionary wealth management business in Asia last October and found the key challenge was getting noticed among the crowd of competitors, said Charles Long, head of Greater China.
