APAC family offices outperform global peers
Claudia Tan HS
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Singapore
FAMILY offices in Asia Pacific (APAC) achieved the highest investment returns of 6.2 per cent for a 12-month period, driven by greater allocation of investments to equities and private equity, a UBS and Campden Wealth Research report showed.
Emerging markets saw the same investment returns as APAC, both performing above the global average of 5.4 per cent. This was a sharp fall from last year's average of 15.5 per cent due to weaker economic conditions.
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