Investment performance and appetite in family office portfolios, along with the number and size of family offices, are expected to grow in 2018.
The development of new investment opportunities was one of the key family office trends predicted for the New Year. Exploring new territories and markets with direct, co-investments and buy-outs in a generally favourable world economic climate were forecast for the coming 12-months.
Competition for the best C-suite talent shows no signs of relenting between existing, growing and newly formed family offices. Efforts to deal with cyber risks to data and reputation will be bolstered as the detrimental impacts of cyber-crime grab headlines.
Family office culture was also expected to continue evolving as principles call for greater investment transparency and control from their advisers, the need for succession planning becomes acute and next gens become more involved, bringing with them their passion for impact investing and green technology.