Hong Kong family offices plan to increase allocations to private equity and cryptocurrency assets over the next three years.

Techub News, according to Bloomberg, Hong Kong's local family offices plan to increase their allocations to private equity and cryptocurrency assets over the next three years. The latest report from the Hong Kong Institute for Monetary and Financial Research (HKIMR), under the Hong Kong Monetary Authority, indicates that wealthy families' interest in non-listed assets such as private equity, private credit, and venture capital is expected to rise significantly. Digital assets are also included in the increased allocation plans, reflecting a further shift in family office asset allocation towards private markets and cryptocurrency assets.