According to a recent global report, family offices are actively funding innovative businesses. As a result, there is a visible boost in the venture capital segment and good returns for the FOs.
A report called ‘Mapping the Location and Assets of the Family Office Ecosystem’ was released by FINTRX. The latter provides data and information on high-net worth individuals and the report provides insight on where these wealthy individuals are investing their funds.
However, real estate investors may find the report hard to digest. They need to be thoroughly assessed, along with their pros and cons as compared to real estate.
UBS Wealth Management launched its annual ‘Global Family Office Report’ for 2020. The big fund manager and global bank surveyed principals and executives in 121 single-family offices around the world. Those family offices handle an average total family wealth of US$1.6 billion. This represents a significantly larger dataset than that of any other comparable study, with a total of funds under management of US$142.4 billion.
The family office industry has been booming in recent years. Since 2008, the sector has recorded a ten-fold growth in the number of family offices. Morgan Stanley, one of the largest financial services organisations in the world, has released a new report detailing the best practices in the single family office space.
Credicorp Capital’s asset and wealth management units suffered a major hit to their profits in Q1 and saw their combined assets fall 9.6% to $26.87bn as a result of the coronavirus crisis.
This report is an essential reference for who looks for detailed information on Global Private investment office market. The report covers data on Global markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Global major vendor’s information.
KnowLedger, LLC, a Pennsylvania-based financial technology company, announced its formation to support the streamlined migration of financial data for family offices.
Virtual Family Office Market Details are taken from reliable sources such as websites, annual reports of the companies, journals, and others. This report has published stating that the Global Virtual Family Office Market is anticipated to expand significantly at Million US$ in 2020 and is projected to reach Million US$ by 2027, at a CAGR of during the forecast period.
This report features an extensive study on the current landscape and the likely future potential of the companies offering services for the discovery of large molecule drugs based on the use of in silico tools and techniques. The study features an in-depth analysis, highlighting the capabilities of various industry stakeholders.
Family Office Market 2020 by Technology, Solutions, Application, Price, Demand Analysis and Growth Opportunities to 2025