Asian family offices expand into alternatives

Asia’s wealthy are favouring private assets, or alternatives, as volatility in the economic outlook shakes up public markets worldwide. Chi Man Kwan   “The last few years have taught us that there is a lot of correlation between markets. War in Eastern Europe can make markets volatile in the US or Hong Kong. This is why many of our clients want to diversify beyond the public markets that they entrusted more holistically – and that has led them to private markets…