Family Offices Pivot to Public Equities Amid Rising Inflation…

Event summary

Citi Wealth's 2026 Global Family Office Report surveyed 351 family offices across 41 countries in June and July 2026.
Nearly 90% of respondents reported positive portfolio performance year-to-date, with 41% targeting annual returns of 7% to 10%.
48% of family offices increased their public equity exposure, making it the top destination for new capital.
Inflation emerged as the leading concern, followed by interest rate developments and financial system stability.
38% of respondents expect family globalization to rise in the next five years, increasing cross-border planning complexities.

The big picture

Family offices are balancing growth ambitions with resilience, shifting towards public equities for liquidity and flexibility while maintaining private market exposures. The rise of inflation as a primary concern signals a broader trend towards structural wealth preservation strategies. With 38% of respondents expecting increased globalization, cross-border expertise will become a critical competitive advantage.

What we're watching

Asset Allocation Shifts: How the increased focus on public equities will affect portfolio diversification strategies and risk profiles.
Inflation Hedging: Whether family offices can sustain real wealth preservation through short-duration income assets and inflation-sensitive diversifiers.
Succession Planning: The pace at which family offices professionalize succession processes to ensure continuity of values and governance across generations.