Asia’s family offices have great expectations

A new report by Campden Wealth and Raffles Family Office finds that family offices based in Asia are richer, more ambitious and more positive about the future than those anywhere else. That seems unlikely to change any time soon.

It is the time of year when wealth managers traditionally rush to publish reports that analyse the portfolio performance of the ultra-rich over the last 12 months.

No two of these reports are quite the same. Credit Suisse’s 2021 ‘Global Wealth Report’ explores the shifting nature of household wealth, while Capgemini notes that the population of high net-worth (HNW) individuals passed the 20 million mark for the first time last year, even as the world reeled from Covid.

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