Family offices manage $5.9trn: Report

Pedro Gonçalves
clock • 2 min read

The number of family offices has risen by 38% over the past two years worldwide, with the firms overseeing assets valued at $5.9trn, according to advisory group Campden Wealth. "We estimate that there are now 7,300 single family offices worldwide, with 42% (or 3,100 offices) housed in North America, 32% (or 2,300 offices) in Europe, 18% (or 1,300 offices) in Asia-Pacific and 8% (or 600 offices) in the emerging markets of South America, Africa, and the Middle East," research director Rebecca Gooch said. The biggest growth came in emerging markets, where the number of family offices ros...

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