Family Offices in India projected for 14 per cent growth in Asset Under Management (AUM) and a 5 per cent increase in alternative investments over the next 3 years, a report said.
AUM for mid to large-sized family offices in India will grow at a Compound Annual Growth Rate (CAGR) of 14 per cent over the next three years, potentially increasing by 1.5 times, a report by Sundaram Alternates titled ‘From Legacy to Leadership’ said.
This report highlights the significant evolution of family offices as they transition from wealth preservation to a growth-focused mindset.
Indian family offices are increasingly embracing alternative investments, with a projected 5 per cent increase in allocations to 18 per cent over the next three years, it said.
This aligns with a global trend, where family offices allocate more than 50 per cent of their assets to alternatives, it said.
