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What would a December rate rise mean for Hong Kong family offices’ property portfolios?
Industry insiders say an expected December Fed rate rise is unlikely to dampen Hong Kong family offices' property bets.
Key points
- The US Federal Reserve is expected to raise rates by 0.25 percentage point in December.
- Ken Peng, chief investment officer at Raffles Family Office, says the rise is unlikely to dampen Hong Kong family offices' interest in
- Peng said there are currently no signs of a large-scale sell-off in the US real estate market.
Why it matters. Industry insiders suggest the expected Fed increase may not shift Hong Kong family offices' appetite for property investments in Europe, the US and Japan.
Ken Peng, chief investment officer at Raffles Family Office, said an expected 0.25 percentage point increase by the US Federal Reserve in December is unlikely to dampen interest among Hong Kong's family offices in European, US and Japanese property. He said there were currently no signs of a large-scale sell-off in the US real estate market. The assessment comes from industry insiders.
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What would a December rate rise mean for Hong Kong family offices’ property portfolios?
An expected 0.25 percentage point rate increase by the US Federal Reserve in December is unlikely to dampen Hong Kong family offices’ interest in European, US and Japanese property investments, according to industry insiders. Ken Peng, chief investment officer at Raffles Family Office, said there were currently no signs of a large-scale sell-off in the US real estate market, with some local market.