The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

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.

Photo: iStock

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.

Others were designed with specific events in mind. The World Bank’s ‘Changing wealth of nations’ report, published prior to COP26 in Glasgow, details rising inequality and measures metrics once considered extrinsic to the notion of wealth, such as ‘blue natural capital’ – value embedded in mangroves and wild fishing stocks.

Many of the reports are assembled by Campden Wealth, a family-owned firm that also runs networking events for the privately wealthy.

Its latest 'Asia-Pacific family office' report, published on Wednesday, is co-authored with Raffles Family Office (RFO), a Hong Kong-based multi-family office with bureaus in five Asian cities, including Singapore and Shanghai.


The report is fascinating for what it says about a region once seen as risk-averse, but now more optimistic and risk-embracing, and surely more ambitious in the aggregate, than anywhere else on Earth.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree