Family offices plot overseas expansion
A growing desire to build peer networks of like-minded investors is driving family offices in Asia to branch out geographically. And their Western counterparts are doing the same.
Family offices are typically set up in Asia to invest on behalf of wealthy Asians, and often their investments tend to be into their home region. But they, like their Western counterparts, are expanding their horizons geographically in terms of both the assets they acquire and the partners they work with.
This could mean simply setting up an office elsewhere in Asia to build on the current setup, as is the case for Singapore-based multi-family offices (MFOs) Stamford Privee and Th…
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