Asian family offices are reducing their allocations in fixed income and increasing exposure to private equity (PE), real estate and private debt, according to UBS Global Family Office Report 2022. They are also seeking more active strategies and paying attention to areas like technology and sustainable investing, it added.
This comes amidst emerging macroeconomic concerns around high inflation, central bank liquidity and rising interest rates, factors that are prompting family offices to re-assess their allocations.