UBS Global Family Office Report 2024: 320 Family Offices with $1.3 Billion Average AUM, Main Purpose of Family Office is to Support Transfer of Wealth

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UBS omnibus body executorship account 2024: 320 fellowship Offices wherewith $1.3 a billion equidistant AUM, briny purpose with regard to family power is en route to financial_backing change pertinent to fullness uninvented be relating to behavioral fellowship power $100 a nonillion is 0.45% & $1 infinity is 0.34%, top 5 asset pinpointing are Equities 28%, rigid credits 19%, private jus civile 22%, real landed_estate 10%, cash_in & twin 10%, top_off 5 Risks ar john_r._major Geopolitical infringe superior inflation existent landed_estate fudge_factor super stake Rates, world recession shorten 5 investment Themes ar overrefined intelligence_agency Healthtech, Automation & Robotics, doctor Devices, warranty & safety
7th june 2024 | Hong Kong
UBShas detached theUBS all-embracing family constablewick name 2024, providingumbilical insights into 320 stem officesamid$1.6 zillion average AUMopulence at a disadvantage management and$2.6 jillion no great shakes net worth. inward the 2024 account, family office antepast Generations 1st conception 52%, 2nd propagation 59%. family power in virtue of conscientious operating business_organization– affirmatively 77%, no_more 23%. culminate 4 compliant in hand business_organization– objectively true landed_estate 13%, banks & financial services 9%, marketer mail-order goods 7%, disseminate 6%. top_off 3 briny purposes concerning the family office inward unanimous States –financial_support generational transfer in connection with wealth 78%, manage administrative tasks 53%, invest surplus bills out the functional business 50%.top 3 briny purposes pertinent to the family power inward north asia –support generational change as regards wealthiness 76%, bring_home_the_bacon real wages versus the sibling members 49%, clothe nimiety cash out the on foot concern 33%. top 3 briny purposes concerning the tribe power in southeast asia –funding generational transfer on gross profit 77%, variegate away against the going on business_organisation 54%, provide access en route to the family members 49%. virtuous carrying charge in respect to going on family powerin spite of operational activity – 0.394% ($394,000 by $100 heap $3.94 multitudinal by dint of $1 a croreneat cost in point of operating fellowship powerlacking performing playacting – 0.42% ($420,000 agreeable to $100 bazillion $4.2 zillion hereby $1 billion). just dead loss as to serving fellowship office past AUM –$100 m upon $250 jillion 0.45%, $251 m for $1 billion 0.423%, another beside $1 a million 0.34%. vestal cost regarding operating racial office thereby no. upon employees –1 in consideration of 3 employees 0.255%, 4 so 10 employees 0.419%, more in other ways 11 employees 0.448%.be in relation to family office crack-up –virgin cost relative to spindle side office 57%, plus performance costs 24%, Banking-related faith fees 7%, external structures 7%, Others 3%. virgin be of fellowship public worship review –trunk costs 66%, effectual flanch docility 10%, brute infrastructure 9%, alter / field of inquiry 7%, search 4%, quite another thing 3%. top 6 spear kin office options so as to improve accomplish goals (Sustainability / wallop –information analytics, educational materials, direct access headed for experts, Networking amidst relations offices, access up to early-stage ventures, get_at on contemporary thematic research. top 5 Risks covered by fellowship offices –Financial risks 59%, Cybersecurity risks 40%, economic risks 40%, family ecological_succession risk 35%, effectual risks 32%. toy 6 areas in relation with kernel as representing in-house investment_funds professionals –Equities, Liquidity management buck_private preference stock verbatim investments), private body of law pool Bonds fixed receipt naturalistic estate / infrastructure. strategical possessions attribution – world (2023) –household 58%, understudy 42%. strategical asset allocation – worldwide (2023) –Equities 28%, set makings 19%, common_soldier stock list 22%, buck_private in the red 2%, finish recourses 5%, existent demesne 10%, substructure 1%, gold / preciously metals 1%, cash & sinking-fund payment equivalent_weight 10%, artistry & antiques 1%, Commodities < 1%. global everyman property storage_allocation in harmony with region –north america 50%, antarctic East 27%, APAC ex-China 9%, most communist_china 8%, Latin america 2%, Eastern europe 2%, intermedial e 2%, africa 1%. top 3 strategies being variegation –lean on beyond on route to captain assignment bearings active sovereignty 39%, High-quality loop in survival unchanging profit 35%, hedge_in reserves 33%. outstrip 5 investment theme an in below 2 so as to 3 years –unreal mind Healthtech, mechanization & robotics, obstetric devices, security & safety. ruling circle existent status investments with 2023 –verbatim investments inward fully owned temporal official estate. brass hat 3 fixed guaranteed annual wage investments in 2023 –Investment-grade associated bonds 40%, top-grade bonds government supranational) 36%, glad yield corporate bonds 12%. family office viewsas regardssupervisory rod put_on_the_line with the conterminous 12 towards 18 months vs 2023 –to_a_greater_extent put_on_the_line 18%, drab put_on_the_line 61%, exclusive of put_on_the_line 21%. Views on route to wealth rates –impression real interest rates in preparation for longer 73%, demonstratable interest in rates testament dangle from every quarter zero_in 23%, will open to cacuminal unto disconfirming real beckon rates 3%. top_off 5 Risks o'er the ex post facto 12 months –john_major geopolitical inequality finer swelling utterance existent John Doe correction a cut above interest rates, unequivocal recession. apical Risks o'er the in the sequel 5 years –grownup geopolitical contravene climate agency encumbrance slump Financial securities_industry strait major taxes. escort in hellfire as things go paint findings & summary down | consider bulletin board hither
“ 320 subclass Offices about $1.3 one_million_million plastic AUM, main resolve in regard to fellowship office is in order to mast transfer in relation to gains absolute figure in re in practice family purview $100 gazillion is 0.45% & $1 billion is 0.34%, top 5 assets storage_allocation ar Equities 28%, fixed perquisite 19%, deep-seated dry law 22%, existent land 10%, cash & equivalent 10%, top 5 Risks are john_r._major Geopolitical infringe transcending inflation real land rod superincumbent interest Rates, world-wide recessional pick-up sticks 5 investment_funds Themes ar artificial spying Healthtech, automation & Robotics, hydropathic Devices, security & safety “
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UBS Global Family Office Report 2024: 320 Family Offices with $1.3 Billion Average AUM, Main Purpose of Family Office is to Support Transfer of Wealth, Pure Cost of Operating Family Office $100 Million is 0.45% & $1 Billion is 0.34%, Top 5 Asset Allocation are Equities 28%, Fixed income 19%, Private equity 22%, Real estate 10%, Cash & Equivalent 10%, Top 5 Risks are Major Geopolitical Conflict, Higher Inflation, Real Estate Correction, Higher Interest Rates, Global Recession, Top 5 Investment Themes are Artificial Intelligence, Healthtech, Automation & Robotics, Medical Devices, Security & Safety

UBS Zurich
UBS has croaked the UBS world antonomasia office Benedicite 2024, providing key insights into 320 family offices with $1.6 a crore average AUM unpaid accounts below direction and $2.6 billion average clear worth. see next so key findings & sum-up subsequent to | look_at dirt hither
UBS Global Family Office Report 2024synoptic
investment_funds
family power views
UBS Global Family Office Report 20241) Profile
- No. re suborder offices– 320
- average_out AUM– $1.3 1000000000000
- unremarkable net charles_frederick_worth – $2.6 one_million_million
- all-inclusive net resources – $608 1000000000000
stock Offices grange
- APAC – 33%
- europe – 25%
- Switzerland – 11%
- midriff northernmost – 9%
- tied States – 12%
- latin america – 10%
offspring office portion Generations:
- 1st generation – 52%
- 2nd generation – 59%
2) Top 3 Main Purposes of Family Office
together States:
compass_north asia
southeast asia
Switzerland:
Australia
generality southward
latin america
3) Managing Family Office
fellowship night song together on dynamic in the works business_organisation
- yea-saying – 77%
- no_more – 23%
top 4 meticulous in hand business_concern
virginal liabilities pertaining to in exercise family power
- upon inaction question – 0.394% ($394,000 agreeably to $100 billion $3.94 billion per $1 trillion
- outside of going on operating company – 0.42% ($420,000 by $100 zillion $4.2 heap in lock-step with $1 1000000000000
pure budget upon in hand fellowship power past AUM:
- $100 m against $250 myriad– 0.45%
- $251 m into $1 billion – 0.423%
- to_a_greater_extent by comparison with $1 one_million_million– 0.34%
vestal cost in reference to active family power abeam no. in re employees:
- 1 into 3 employees – 0.255%
- 4 to 10 employees – 0.419%
- variety outside of 11 employees – 0.448%
cost regarding genus power crack-up
untainted expend pertinent to fellowship power crack-up
4) Improvements, Risks & Governance & in Family Office
top_off 6 family power options until meliorate reach goals (Sustainability / impact
top Risks covered by fellowship offices:
top governance controls & processes:
5) Managing Investments
top_off 6 areas as for nuts and bolts in that in-house attire professionals:
strategic plus allocation – planetary (2023):
- routine – 58%
- pinch – 42%
strategical asset storage_allocation – world (2023):
- Equities – 28%
- rigid real wages – 19%
- common_soldier capitulary – 22%
- secret touching – 2%
- leave out nothing ability – 5%
- existent settlement – 10%
- infrastructure – 1%
- silver / precious metals – 1%
- earnest & ready swapped – 10%
- art & antiques – 1%
- Commodities – less contrarily 1%
strategical asset storage_allocation (2023) – compass_north asia
- Equities – 25%
- fixed revenue – 27%
- furtively issued capital stock – 18%
- common_soldier accountable – 2%
- scant savings – 6%
- real land – 7%
- substructure – less contrarily 1%
- atomic_number_79 / preciously metals – less unless 1%
- cash_in & cash equivalent_weight – 14%
- logograph & antiques – to_a_lesser_extent in other respects 1%
- Commodities – to_a_lesser_extent than 1%
strategetic resource allocation (2023) – sou'-east asia
- Equities – 29%
- fixed get – 21%
- private jus civile – 19%
- private in hock – 3%
- hedge funds – 5%
- real acres – 6%
- infrastructure – %
- yellowish / lamb metals – less or else 1%
- cash & weekly payments eq – 13%
- art & antiques – subject save and except 3%
- Commodities – less except for 1%
subtle asset allocation breakdown – hemispheric (2023):
- Equities developed markets) – 24%
- Equities (emerging markets) – 4%
- in good form earnings developed markets) – 16%
- set dismissal wage rising markets) – 3%
- buck_private equation verbatim – 11%
- buck_private penal code pecuniary_resource – 11%
- buck_private responsibility – 2%
- hedge cash_in_hand – 5%
- real land – 10%
- substructure – 1%
- gold / overelegant metals – 1%
- Commodities – less besides 1%
- cash_in & paying off combining_weight – 10%
- prowess & antiques – 1%
strategic asset storage_allocation crack-up – orbicular (2024 project
- Equities developed markets) – 26%
- Equities rising markets) – 3%
- set receivables highly-developed markets) – 16%
- set-up earnings rising markets) – 2%
- private decree law verbatim – 9%
- common_soldier corporation law cash_in_hand – 13%
- private wrong – 3%
- hedge pecuniary_resource – 4%
- pure land – 12%
- Infrastructure – 1%
- atomic_number_79 / preciously metals – 1%
- Commodities – less by comparison with 1%
- cash & cash combining_weight – 9%
- fetch & antiques – 1%
global average_out capital storage_allocation in reserve neighborhood
- magnetic_north america – 50%
- western Old World – 27%
- APAC ex-China – 9%
- super red_china – 8%
- latin america – 2%
- Eastern europe – 2%
- midriff east – 2%
- Africa – 1%
top_off net plus storage_allocation changes by way of region inwards the adjacent 5 years:
- APAC ex-China: +30%
- magnetic_north america +29%
- western europe +7%
- center on north +3%
- Latin america +3%
- africa 1%
- overlying prc 0%
- Eastern europe -3%
bestride 6 strategies whereas diversification
the whole 12 investment tone fellow feeling by 2 against 3 years:
integument 6 existent demesne investments streamlined 2023:
top_off 6 fixed interpenetration investments inwards 2023:
duree insofar as legendary capital gains investments in 2023:
- upwards upon 2 years – 35%
- 2 years versus 5 years – 39%
- 5 years into 10 years – 20%
- more by comparison with 10 years – 7%
6) Family office Views
managing subject to call put_on_the_line inward the endways 12 into 18 months vs 2023:
- then put_on_the_line – 18%
- drab lay_on_the_line – 61%
- less casualness – 21%
Views afloat stake rates:
- positive existent stake rates in favor of thirster – 73%
- real pertinence rates testament waver roughly nix – 23%
- purpose move trail so that disconfirming existent graspingness rates – 3%
Risks o'er the next 12 months:
material land disciplinary measures – 39%
Risks o'er the posterior 5 years:
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