Singapore, Dubai family offices flag co-investing risks

Single family offices in Singapore and Dubai cautioned about the potential pitfalls of co-investing as a fee-reduction strategy, warning of hidden costs and administrative challenges that could offset any savings and erode returns. “If your co-investment program is not properly thought out or constructed....ultimately, whatever fees you're saving could be lost when you come to mistakes or potential losses within your portfolio,” said Majella Healy, chief investment officer of Smal…