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.
Key insights
Asset allocation
56% of families remain involved in strategic asset allocation, making it a cornerstone of wealth preservation.
Private equity
69% of family offices view private equity as a key driver of returns.
Responding to the crisis
55% of family offices rebalanced their portfolios in March, April and May to maintain their long-term strategic asset allocation.
Impact investing
When evaluating impact investments, 43% of family offices still prioritize investment performance. Return on investment is in their top three performance indicators.
Succession planning
While the current generation of beneficial owners is in its 60s and 70s, around a third of family offices have no plans for a change in control.
Sustainable investing
39% of family offices intend to allocate most of their portfolios sustainably over the next five years, targeting exclusion-based strategies
To access the full report by UBS, please click here
