Asia's wealthy families invest to 'maintain lifestyle' and 'stay rich'

Lombard Odier family office service chief says Asians prefer 'agility and efficiency'

20240209 Singapore dollar

Family offices in Asia have a shorter history than those in the West. © Reuters

FUMITO AKIYAMA, NQN staff writer

SINGAPORE -- Family offices in Asia are increasing their presence as investment entities. According to a survey, total assets under management grew 60% in 2022 from the previous year.

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