CEO Rick Waddell says the firm does not intend to seek a licence to conduct onshore custody business in China, but is targeting Asian family offices.
Tag : family offices
Pensions are the biggest contributors to private equity inflows, but family offices have the largest portfolio exposures to hedge funds and PE by percentage of assets, says Preqin.
Co-investments and club deals raise issues over control, deal ‘bite size’ and competition, note specialists in the field.
The US investment consulting firm's CEO, Sandy Urie, discusses Asia's growing appetite for advice on alternative investments such as hedge funds.
Newly rich Chinese are pondering what to do with their wealth – and where to keep it, say family office executives.
Family offices say their Asian clients are less keen to allocate to the asset class these days.
Singapore's Oclaner Asset Management has struck an alliance with European direct investment firm Codima to share clients and resources.
Multi-family offices question the independence of private banks, but say they are losing the battle for mindshare because they don't have the same sort of marketing budget.
There's no wisdom in crowds when it comes to hedge fund investing, only flat returns, says Hugh Forward. Managers must come up with innovative fee structures to attract interest.
The use of private banks by Asian family offices is set to shrink in the next few years, say FO executives, who concede they themselves face significant challenges.
Wealthy Asians in China and elsewhere are recognising the need to properly manage and pass on their money, and are receiving advice from Western families, notes Scorpio Partnership.
Growth in family offices will catch up with the regional wealth explosion, but solutions can be especially complex since a substantial portion of this wealth is tied up in illiquid assets.