Citi Private Bank’s 2024 Family Office Survey reveals Asian family offices remain optimistic despite global uncertainties. The Asia Pacific region shows strong confidence in global developed equities, with 48% expressing positive outlooks, and similar optimism for private equity funds at 48%. A notable 50% favour investing in artificial intelligence through public equities, highlighting tech’s pivotal role in their strategies. However, allocations to China have significantly decreased, dropping to 5% from 8% last year amid ongoing economic challenges. Interest rate trajectories remain a primary concern, overshadowing inflation fears. Overall, nearly all respondents anticipate positive portfolio returns, reflecting a resilient investment sentiment in Asia’s sophisticated family offices.