APAC family offices outperform global peers
Singapore
FAMILY offices in Asia Pacific (APAC) achieved the highest investment returns of 6.2 per cent for a 12-month period, driven by greater allocation of investments to equities and private equity, a UBS and Campden Wealth Research report showed.
Emerging markets saw the same investment returns as APAC, both performing above the global average of 5.4 per cent. This was a sharp fall from last year's average of 15.5 per cent due to weaker economic conditions.
Globally, private equity fared the best of all asset classes, with APAC achieving the strongest performance among their global peers with 19 per cent returns, outs…
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