Minority investors in Chinese family-owned companies must somehow evaluate intangible assets if they are to avoid losses, warns a professor at the Chinese University of Hong Kong.
A growing number of European families are putting offices in Asia with a view to diversifying their asset base and investment exposure. Fund firms and other service providers are taking note.
Wealthy Asians are increasingly looking to dispose of parts of their businesses via methods such as IPOs, and family offices are responding by building up corporate finance capabilities.
Family offices say their Asian clients are less keen to allocate to the asset class these days.
Wealthy Asians in China and elsewhere are recognising the need to properly manage and pass on their money, and are receiving advice from Western families, notes Scorpio Partnership.