Pictet exec questions multi-family model for Asia
The single-family office model is more likely to be successful in the region, says Grégoire Imfeld of Pictet & Cie. But there is evidence of multi-family offices thriving.
Multi-family offices are unlikely to gain as much traction as their single-family counterparts in Asia, says Grégoire Imfeld, senior relationship manager for family offices at Swiss private bank Pictet & Cie.
The Geneva-based executive cited a number of reasons for this – one being rich Asian families’ worries about revealing too much – during a recent trip to Hong Kong.
“I wonder if multi-family offices [MFOs] can really be successful here,” Imfeld tells AsianInvestor. “I d…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.