Citibank's Global Family Office Group has released the 2024 Family Office Survey report, showcasing new trends in family offices in the Asia-Pacific region and globally. The report shows that Asia-Pacific family offices are leading the way in increasing investments in stocks, while also increasing direct investments. The survey indicates that 68% of family offices in the region have increased investments in stocks, a higher proportion than in other regions. 48% are optimistic about the prospects of developed global stock markets, with 49% and 48% respectively also optimistic about the prospects of direct private equity and private equity funds. In terms of direct investments, the Asia-Pacific region is the most active, with 69% of respondents in the region indicating that they have increased or significantly increased their direct investment activities. The report reveals that respondents are interested in participating in activities in the M&A field: strategic acquisitions account for 20%, joint ventures for 23%, divestitures for 9%, and mergers for 14%. 63% of respondents in the region expect their investment portfolios to grow by 10% or more in the coming year, a higher proportion than in other regions. This report is the fifth annual survey report, covering the investment sentiment, investment portfolio positioning, family governance, and best practices of family office clients in 2024. This year's survey has set a record in terms of the number of respondents, making it the most global and comprehensive survey in its category, with 21% of respondents from the Asia-Pacific region. Hannes Hofmann, Head of Citibank's Global Family Office Group, said, "We are pleased to share this year's survey results with everyone, delving into the investment status and priorities of some of the most diverse and experienced family offices globally. Over the past two years, the number of global respondents has jumped from 126 to 338, reflecting the need for insightful insights into the major challenges and opportunities facing family offices. The wide-ranging questions in the survey cover the most prominent global issues, showcasing the important shifts in respondents' focus and interests. We look forward to continuing our close collaboration with family offices, providing them with comprehensive support from the Citigroup to help some of the most globalized and experienced investors around the world achieve their ambitious goals and meet their needs."