New York, NY, December 04, 2017 --(PR.com
)-- In its second annual emerging markets report, MarketCurrents spoke to family office principals, including those with boots on the ground, who work with wealthy families in emerging markets around the world.
This edition focuses in particular on India, China, the Middle East and Russia. It provides in-depth look at the cultural nuances involved in managing wealth in each and at what stage of evolution family offices have reached so far.
Wendy Connett, Editorial Director at MarketCurrents says, “Tremendous economic growth in emerging markets in the last 10 to 15 years has resulted in newly-minted fortunes. As that wealth matures, families are increasingly turning to the family office model as a formalized approach to manage and protect it.”
Much of the wealth in emerging markets is first generation and with the second generation coming of age, the stage is set for massive wealth transfer. The younger generations, who have been educated abroad are returning home with new perspectives on managing and structuring wealth.
“This edition provides primary perspectives from professionals with experience in and with the region. Asia is an interesting story and one to watch as there are newly created wealthy individuals, primarily coming through the tech boom. As the middle-class expands there, this demographic will create a plethora of opportunities for entrepreneurs to capitalize on,” commented Sumehr Sondhi, Managing Director at MarketCurrents.
The publication is a leading magazine within the private wealth sector and is read by family offices around the world.
The report is available on through the website at www.marketcurrentswealthmanagement.com