Family offices shifting cash towards risk assets in Singapore

Asia-Pacific family offices led the way in deploying more to public equity, or publicly traded companies, said a survey. — The Straits Times

SINGAPORE: Family offices are shifting their cash towards bonds, and public and private equity, with almost half expecting returns above 10% over the next 12 months.

Public equity allocations were similar globally – between 26% and 30%. Allocations to private credit and real estate funds were also at comparable levels of around 2%.