Hannes Hofmann’s Post

I was thrilled to join CNBC’s Squawk Box Asia where I discussed how family offices are shifting allocations globally. Citi Private Bank’s 2023 survey revealed family offices are increasing their allocations toward fixed income and private equity and over the last three months, we’ve seen a shift out of cash into risk assets. However, Asian family offices are behaving differently as equity markets in Asia have rallied less compared to other regions. #familyoffice #investing #wealthmanagement #assetallocation