Family offices to invest more in property: poll

AMID a property market boom that prompted curbs from policymakers, family offices in Asia still expect to raise their allocation to direct real estate investments in the next three years. Venture capital and private equity investments also remain popular, a report by Swiss bank UBS and research specialist Campden Wealth has found.

The report surveyed or interviewed more than 25 family offices in Asia-Pacific which manage a range of wealth, from under $100 million to over $1 billion.

David Bain, head of research at Campden Wealth, said that while Asia's wealthiest families are becoming more optimistic about investment returns, they are not putting more money in equities an…