Despite a tumultuous fortnight in the stock market, family offices are being encouraged to look at whether they have enough global equity exposure, with the second-longest bull market in history predicted to keep lumbering through 2018.
Steve Brice, chief investment strategist at Standard Chartered Bank, said the majority of his family office clients were under-exposed to equities, and though the past week had seen trillions wiped off stock market values, this provided opportunity for investors to buy into.