Family office segment set to boom: Credit Suisse

There are several good reasons why the number of single-family offices in Asia Pacific is set to soar, says Credit Suisse, which on Friday held its first family office forum in the region and launched a best practice guide on for families looking to start a family office. The amount of family wealth under management thought necessary to set up a single-family office (SFO) is generally at least $100-150 million, noted Bernard Fung, Credit Suisse’s head of family office services and…