Asia-Pacific families grow wealth faster on back of riskier assets like cryptocurrencies, report says

Source: China – South China Morning PostFamily offices in the Asia-Pacific have seen their wealth grow faster than global peers this year, as they have shown a greater willingness to invest in private equity and risky new asset classes such as cryptocurrencies, according to the 2021 Global Family Office Report released on Wednesday.Twenty-nine per cent of these family offices in the region reported a significant increase in wealth over the last 12 months, more than the global average of 21 per cent, according to the Asia-Pacific…Read More

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