EMEA Family Offices China Investment Plans Rise as Tensions Ease, Says Citi

EMEA family offices China investment plans are strengthening, with China emerging as the leading market where ultra-wealthy families in Europe, the Middle East and Africa intend to increase exposure, according to Citi.

Citi’s 2026 Global Family Office Report found that 29% of EMEA respondents planned to increase investments in China. The rest of Asia-Pacific followed at 26%, with North America at 25%.

The report surveyed 351 family offices across more than 40 countries.

Concerns about US-China tensions have also declined significantly. Some 22% of respondents identified tensions between the two countries as a leading concern this year, down from 43% in 2025.

Gary Ng, senior economist at Natixis Corporate and Investment Bank, said the findings indicate EMEA family offices are seeking greater portfolio diversification, with China perceived as offering relatively lower political uncertainty than some alternative markets.