Family Offices

Dubai-based family offices now control over $1 trillion in assets

The United Arab Emirates, of which Dubai is a part, is poised to be the top destination for relocating millionaires this year, according to a report from migration advisory firm Henley & Partners

Family offices in India rise from 45 to 300 in 6 yrs, handle $30 bn in AUM

Family offices in India manage an estimated $30 billion in assets under management (AUM), a small portion compared to the global AUM of family offices, which stands at around $6 trillion

Family offices AUM growth projected at 14% over next 3 yrs: Report

Family Offices in India projected for 14 per cent growth in Asset Under Management (AUM) and a 5 per cent increase in alternative investments over the next 3 years, a report said. AUM for mid to large-sized family offices in India will grow at a Compound Annual Growth Rate (CAGR) of 14 per cent over the next three years, potentially increasing by 1.5 times, a report by Sundaram Alternates titled 'From Legacy to Leadership' said. This report highlights the significant evolution of family offices as they transition from wealth preservation to a growth-focused mindset. Indian family offices are increasingly embracing alternative investments, with a projected 5 per cent increase in allocations to 18 per cent over the next three years, it said. This aligns with a global trend, where family offices allocate more than 50 per cent of their assets to alternatives, it said. The shift reflects a strategic move toward diversification, niche investment strategies, and active participation in .

'Domestic family offices not stopped from setting up funds in GIFT City'

The clarification comes in the wake of a recent debate on social media claiming that Indian regulators have stopped allowing local family offices to set up investment funds in its new finance hub

Family offices surge to 300 since 2018 on Tier-II,-III push: PwC report

Family offices are increasingly venturing into startups and venture capital, although they typically prefer to see some traction before investing

Indian family offices change startup bets after funding peaked in 2021

Consumer, retail and transportation and logistics technology startups have been the largest beneficiaries

From bricks to stocks: Indian family houses take leap with new-found wealth

'Shift is driven by favourable valuations and the diminishing stigma associated with selling a family business'

It's Dubai vs Abu Dhabi in race for supremacy in family office riches

That question - Abu Dhabi or Dubai? - is a common one among billionaires, fund managers, startup founders, trust attorneys and even fraudsters who are either in or seeking a slice of the insular world

Singapore authorities ramp up scrutiny of family offices, hedge funds

The government's push to tighten various investment regimes has accelerated since March, with agencies setting out additional requirements that must be met in the coming months

Investing for ultra-rich: Family offices are booming in Australia's Perth

Since 2019, as the rich get richer, the number of family offices worldwide has more than tripled, to almost 4,600 last year, according to investment data provider Preqin Ltd

Where the rich are going: All about setting up a family office in GIFT City

The financial services hub gives tax breaks and opportunities to make investments

All about family offices, transcribing apps: Top personal finance stories

Our pick of best stories this week explains why India's rich are flocking to GIFT City and what apps to use for transcribing audio files

Global family offices upbeat on Indian startup ecosystem: Lakshmi Narayanan

Lakshmi Narayanan says ambitious valuation, transparency issues still a major challenge for investors in Indian startup sector

Gautam Adani may set up family office overseas to manage ballooning wealth

The Adani family is currently talking to consultants and tax experts about the plans, the people said

Billionaire Hinduja brothers end family feud on pact signed in 2014

The fight among Hinduja brothers was caused because of a pact signed by them in 2014 that said that 'everything belongs to everyone and nothing belongs to anyone'

TMS Ep277: Ambani's family office, Vaccine waste, IT's Q2 earnings, GRAP

Why does Mukesh Ambani need a family office? How did India waste 100 mn Covid vaccines? What to expect from IT's Q2 earnings? How are GRAP measures used to combat air pollution? Answers here

Why are India's super wealthy looking abroad for family offices?

RIL Chairman Mukesh Ambani is setting up a family office. It's a trend among wealthy Indian families who set up such entities, often overseas. Find out why the India's super wealthy are looking abroad

Family offices bet bigger on start-ups, opt for direct investments

Direct investment or co-investing with Indian VC/PE funds in companies is increasingly catching up

How India's family offices are striking out on their own in start-up land

Not only that, 83 per cent family offices have an allocation to private markets that is more than 10 per cent of their overall asset distribution

We hope to manage $1 bn in seven years: Jupiter Capital's David Abikzir

'Jupiter Capital invested in multiple industries with each investment providing a stellar performance', said Abikzir