Why single family offices are transitioning to multi-family models
Some regional single-family offices are switching to a multi-family office model, as they look to consolidate and operate cost efficiently, but regulatory challenges remain.
Single-family offices (SFO) in the region are moving towards a multi-family office (MFO) model as they try to cut costs, but the transition isn't without its challenges.
“The family office industry is consolidating, given the cost pressure, and it is becoming increasing difficulty to hire talent. Multi-family offices offer the benefits of shared resources and shared costs”, Roger Zhu, CEO of Winfield Global Capital, a Singapore based MFO told AsianInvestor.
Winfield Global Capi…
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