The Gen Y factor: how a new breed are reshaping family portfolios
The next-generation of family offices in Asia are taking a fresh look at asset classes, as interest turns away from traditional investments and towards exciting new ventures.
An acceleration of the influence of Gen Y family members is altering how families deploy their capital. It is also causing some family investors to rethink their traditional succession plans.
“We are witnessing the biggest wealth transfer in human history, and undoubtedly we are seeing next-gen asset owners having a stronger drive towards value-aligned investing,” said Michael Au, director of impact and venture investment at District Capital in Hong Kong.
Cheong Wing Kiat, princ…
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