Family offices in Asia were found to have the greatest interest in adding exposure to cryptocurrencies, according to a recent survey co-published by Raffles Family Office and Campden Wealth.
Some 38 percent of family offices in Asia are planning to increase crypto exposure, according to the survey which covered 365 respondents worldwide, including 76 in the region.
General interest in alternative investments was also high with 80 percent of APAC family offices invested in private equity and 90 percent planning to maintain or increase such investments in 2022.
Growth Mode
In line with historical trends, APAC family offices led globally in their pursuit of growth-oriented investments – half of the respondents have adopted this approach – compared with Europe (35 percent) or the U.S. (32 percent).
«The key findings from our 2021 Asia-Pacific edition validated many of the shifts we have witnessed and made provisions for in the course of our business,» said Raffles Family Office chief executive and co-founder Chi-man Kwan.
«Chief among these shifts is the increased appetite for growth-oriented investments – We have seen an especially strong preference for private equity deals in Asia, and are receiving a growing number of enquiries relating to digital assets.»
Wealth Expansion
And this growth drive has also been accompanied by the continued rise in regional wealth.
Some 29 percent of APAC families and 26 percent of APAC family offices reported a significant increase in wealth and assets under management, respectively.
This compares with the global average of 21 percent and 18 percent, respectively.
