Family offices in the Asia-Pacific region are shifting their allocations towards risk assets, with a notable increase in investments in public equities, leading the global trend. About 68% of Asia-Pacific family offices raised their public equity allocations, with many expecting returns above 10% in the next year. The shift is accompanied by a reduction in cash holdings, reflecting a growing appetite for risk despite market uncertainties. This trend contrasts with the relative stability in real estate investments and a decreasing preference for China-based assets.

Asia-Pacific family offices are also among the most optimistic, with a majority expecting significant portfolio growth in the coming year. These offices are leading in private equity and digital asset investments, demonstrating a preference for direct investments over fund allocations. While concerns about geopolitical issues, especially US-China relations, remain high, the region’s family offices are well-prepared for leadership transitions and prioritize investment management services.