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operating costs

November 21, 2014

Family offices in developing regions are the most cost efficient in the industry with governance and investments on par with their western peers. Is this down to operational efficiency or how offices interact with family businesses?

The family offices of Africa, Latin America and the Middle East have the lowest operating costs in the industry, according to the Global Family Office Report 2014, challenging the conventional wisdom that they are costly and underdeveloped.

Despite this, many have governance structures and investment services on par with older offices in Europe and North America, with which they have far more in common than originally thought.

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