Young but ambitious, the 50+ family offices operating in Mexico are stocked with alternatives. Investments in general are divided 50-50 between local and international, says Amexcap's Jaime García.
Survey finds that family offices in Chile invest nearly half of assets offshore
Cristián Moreno, partner of Ameris Capital, said that 42% of family offices surveyed want to increase their exposure to foreign assets, 43.5% want to keep their current allocation and only 14.1% want to increase exposure to Chile.
Report: Wealthy Latin Americans could use a lot more help on the advice side
Advisors could do much more to help wealthy Latin Americans understand more about cross-border funds and foreign exchange risk, according to a Morgan Stanley study. The report sees an opportunity for entrepreneurial advisors willing to service this market.
Quilvest latest entrant into booming Chilean multi-family office business
The global firm hired two former Credit Suisse executives, Javier Mendicute and Andrea Cuomo, to launch the new venture in Chile.
Most multifamily offices exempt from onerous registration requirements
It is estimated that multifamily offices manage about USD 3 billion, approximately 10% of the amounts managed by traditional single family offices, belonging to the richest families in Chile.