New Delhi, May 27
Global family offices are most likely to increase their exposure in their investment portfolios to India and China over the next 12 months and India has scored far better on the list, according to the '2025 Global Family Office' report by UBS.
More than a quarter (28 per cent) of family offices are planning to increase their exposure to India over the next 12 months while almost a fifth (18 per cent) are planning to increase exposure to China, the report mentioned, clearing indicating the robust macro-economic indicators and strong domestic growth in India.
"Middle Eastern family offices were the most likely to increase exposure to India," the report further stated. Middle Eastern family offices, followed by those in Europe, were the most likely to increase exposure to India.
The report captured the views of 317 UBS family office clients. The average net worth of participating families was $2.7 billion, with their family offices managing $1.1 billion each.
"Some of the most notable changes based on the latest survey include a shift toward developed market equities, with family offices likely seeking to access structural growth opportunities," said the report.
They also increased investments in private debt, possibly in search of extra yield, and some indicated that they are planning to increase developed market fixed income allocations, perhaps in a bid to diversify.