Shifting investments and priorities for family offices

Citi Private Bank has released its Global Family Office Survey Insights 2023, a report based on a recent survey of the bank’s global family office clients. The report examines family offices’dual need to prepare wealth for their family and their family for wealth.”

Investment strategies and allocations are one major focus of the report. The survey found that family offices are shifting their asset allocations: Over half are increasing fixed income allocations and 38% are increasing private equity allocations. At the same time, 38% are cutting their public equity allocations. The survey found that 80% of family offices are engaged in direct investments, and 66% of them are still seeking deals.

In addition, the report examines the professionalization of family offices – something that is happening most quickly on the investment side – as well as at the increasing focus on sustainable investments and philanthropy.

Coverage of the report in the financial press highlights the wide variety of topics it covers:

About the Author

Margaret Steen

Margaret Steen is the editor of FO Pro, The Family Office Professional. Based in Silicon Valley, she has written for Family Business Magazine for more than 15 years.


Related Articles

FAMILY OFFICE + FAMILY BUSINESS

Sign up for FO PRO: The Family Office Professional. FO PRO connects family office leadership with the family.