Business

UBS stops its backing of seminal family office report

UBS has decided to pull out of its relationship with Campden Wealth in regards to the annual The Global Family Office Report, a benchmark research report that is well established in the global family office world. 

UBS was not willing to comment on its decision, but it is understood that the contract with Campden will end with the release of the final UBS-backed report next month. Campden Wealth wasn’t available for comment at the time of publication but is likely to be looking for another sponsor for the report.

UBS has sponsored a family office report with Campden for more than 10 years, converting what was first a Europe-wide family office survey into a global report in 2014. Last year’s report surveyed 311 multi- and single-family offices from across the globe. 

Since its inception, the Global Family Office Report has established itself, according to many in the sector, as the foremost benchmark study on the investment and strategic issues affecting family offices. 

UBS is the world’s biggest wealth manager in terms of assets under management.

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