Family Office China Allocation Set to Rise as Investors Diversify

Family offices are looking to reduce exposure to North American assets and increase allocations to China, Asia and western Europe as geopolitical tensions, debt concerns and uncertainty over the US dollar reshape investment strategies, according to UBS.

The family office China allocation findings come from the bank’s Global Family Office Report 2026 covering 307 family offices across more than 30 markets.

Although North America remains the largest regional allocation at 52%, compared with 7% for China, UBS said many investors are gradually increasing exposure to emerging-market equities and infrastructure assets.

The report found that 71% of North Asia-based respondents intend to make changes to family office China allocation strategies.

Geopolitical conflict was identified as the leading risk, while 65% expect confidence in the US dollar’s reserve-currency status to weaken.

This has increased interest in multicurrency frameworks involving the euro and Swiss franc.

The survey reflects growing diversification efforts among global family offices.