瑞银：39%亚太家族办公室未来一年计划增加中国内地投资

Group 1 - The core viewpoint of the report indicates that since 2020, the net worth of global family offices has been on the rise, with a focus on long-term investment goals and diversification [1] - Family offices are reducing cash holdings and increasing investments in developed market equities, while also raising allocations to private debt to enhance returns and diversify portfolios [1] - Nearly half (48%) of Asia-Pacific family offices plan to increase their allocation to developed market equities, and 40% intend to raise their exposure to emerging market equities [1] Group 2 - The proportion of family offices planning to increase allocations to gold and precious metals has reached a historical high of 21%, up from 10%-16% in the previous years [2] - North America and Western Europe remain the most favored investment destinations, with nearly four-fifths (79%) of global family office assets allocated to these regions [2] - In the Asia-Pacific region, 39% of family offices plan to increase investments in mainland China, with healthcare/pharmaceuticals (33%) and generative AI (28%) being the most familiar sectors [2] Group 3 - Major geopolitical conflicts and global trade tensions are the top concerns for family offices, with 61% expressing worries about geopolitical conflicts and 53% anxious about a global economic recession [3] - Climate change is viewed as one of the top three risks by 49% of Asia-Pacific family offices, while debt crises and financial market crises are also significant concerns [3] Group 4 - To mitigate risks, family offices are advised to diversify their investments, with 40% relying on investment managers for selection or active management [4] - The use of hedge funds is prevalent among nearly one-third (31%) of family offices, while 27% are increasing allocations to illiquid assets [4] - Family offices are rapidly evolving as a wealth management sub-industry, with a growing need for succession planning among Chinese entrepreneurs [4]