Unlocking Asia Pacific Investment Prospects for Family Offices

June 2024

Rapid wealth creation and unprecedented intergenerational wealth transfer has led to a growing number of family offices around the world. Family offices have evolved significantly over time, adapting to changing macroeconomic, societal and technological landscapes with some becoming sophisticated organisations providing a holistic platform encompassing an array of financial and non-financial services. Given the changing needs and preferences of the affluent, the number of institutionalised family offices that manage and govern assets of families have come to the fore. Family offices are increasingly engaging in direct investing, alternative investing, impact investing alongside other endeavors extending beyond traditional investments.

Asia Pacific, as a dynamic and fast-growing region, offers a myriad of unique investment opportunities for family offices across the globe to expand, diversify and meet their family objectives. As a result, the region is also fast becoming a prime destination for family offices across the globe to set up in another part of the world. The region’s economy has grown significantly over the last few decades, with several countries experiencing rapid economic development, transformative technological advancement and swift urbanisation. As a powerhouse of the world’s economic growth, Asia Pacific is a crucial global hub of innovation, high-growth industries and new economies. The dynamic and fast-growing nature of Asia Pacific offers a myriad of unique investment opportunities for wealth owners across the globe. These favourable macroeconomic shifts in the region have created diversified exposure to different growth drivers with significant opportunities in private credit, private equity and venture capital, and infrastructure asset classes.