Despite the growing number of centa-millionaires (ultra high net worth individuals with at least US$100 million in investable assets) in Asia, the usage of financial intermediaries such as single family offices (SFOs) to manage the plethora of financial and fiduciary needs and interface with external institutions such as private banks remains in its infancy. Credit Suisse believes this could very…
Credit Suisse targets Asia’s 8,360 potential single family offices
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