Ultra-Rich Families Ride Stocks Surge to Double Annual Gains
- Family offices returned 15.5 percent on average last year
- UBS and Campden Wealth Surveyed 311 family offices globally
These are heady times for the world’s richest clans.
Family offices scored average returns of 15.5 percent last year, up from 7 percent in 2016 and 0.3 percent the prior year, according to UBS Group AG and Campden Wealth. Those in Asia led the way with a 16.4 percent return in 2017, fueled by soaring stock markets and private equity.