Family-owned businesses outperform peers in earnings, according to a Credit Suisse report, especially within the Asia Pacific region.
Since 2006, family-owned businesses generated adjusted excess returns of 300 basis points annually compared to businesses not owned by families, according to Credit Suisse Research Institute’s «The Family 1000: Family values and value creation» report.
The trend was consistent across all regions with Asia ex-Japan outperforming with excess returns of 330 basis points per annum over the same period.
APAC Domination
Asia Pacific also dominated the overall universe of family-owned businesses with the 13 markets covered, including Japan, representing a 50 percent share.
The region was home to 517 such companies with a market capitalization of over $4.17 trillion. Leading sectors include consumer discretionary (17 percent), industrials (14 percent) and real estate (13 percent), said the report which was launched at Credit Suisse’s Asian Investment Conference this week.
