Family offices rethink appeal of private markets

Some family offices are becoming wary about investing in private markets, even as many other asset owners continue to pile into these alternative asset classes. The biggest attraction of these assets has been the returns, but given recent turbulence of public markets, staying nimble with selective and tactical plays may be the best strategy in the current economic environment, Singapore-based family offices told AsianInvestor. Given the complexity and illiquidity associated with…