The CEO of multi-family office Pitcairn has said family offices and advisors for ultra high net worth families need to pay closer attention to risk control.
Investors are less interested in chasing returns and more interested in long-term stability. Dirk Jungé, chairman and chief executive of Pitcairn, said: "Investors are taking a much more sober attitude towards risk, realising additional risks may now exist where not previously anticipated."