🚀 97% of Family Offices Expect Positive Returns in 2024, With AI Leading the Way!

According to Citi Private Bank’s 2024 Global Family Office Survey, a whopping 97% of family offices are predicting positive returns this year, with nearly half anticipating double-digit gains! 🌟

What’s driving this optimism? AI is emerging as the top investment theme, with over half of family offices already investing in AI through public equities, private equity funds, or direct investments. On the other hand, only 17% of family offices hold digital assets, showing a clear preference for AI over crypto in 2024. đŸ€–đŸ’Œ

🔑 Key Insights:

📈 Nearly 70% of family offices in APAC have increased equity investments, the highest among all regions.

💰 63% of family offices in Asia-Pacific expect their portfolios to grow by 10% or more this year.

🌐 While AI is the hot investment, digital assets are seeing less interest from the ultra-wealthy.

Family offices are making bold moves as they continue to navigate evolving markets, especially in the tech and innovation space! 💡

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