Thai family offices poised for allocation shifts as next gen takes over
Traditional asset allocation patterns, heavily tilted towards assets such as property, could change as wealth transfers to the next generation of wealthy Thai families, says a top investment executive at a single family office.
Thailand’s wealthy families – and family offices – are poised to experience changes in broad asset allocation trends and themes as wealth transfers from one generation to another, a family office executive told AsianInvestor.
“The transition is leading to a change in asset allocation shifts,” said Shiraz Poonevala, head of investments at single family office GP Group. “As wealth transfers from one generation to another, the whole investment philosophy and approach changes.”
“Pat…
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