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Consolidation, technology can help MFOs thrive

Indira Vergis
Dogged by high costs and low returns, multi-family offices may seek mergers or partnerships. But innovation may also offer a way out of their troubles.
Consolidation, technology can help MFOs thrive

While there is undoubted potential for the multi-family office (MFO) formula in Asia, it’s not all plain sailing. The sector faces a challenge as it wrestles with issues such as rising cost and a shortage of suitable staff.

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