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TOP NEWS

Bhutan and Singapore Sign Tax Pact to Support Gelephu Family Office Hub

Bhutan and Singapore have signed a double tax avoidance agreement aimed at strengthening investment, trade and economic cooperation while supporting Bhutan’s ambitions to develop Gelephu Mindfulness City into a regional business and family office hub. The Bhutan Singapore tax pact was signed in Singapore by Bhutan Finance Minister Lekey Dorji and Singapore official Jeffrey Siow. The agreement is Bhutan’s third bilateral tax treaty and is expected to clarify taxing rights on c

FAMILY OFFICES

9 hours ago

Investing in Permanence - Durable Skills and Hard Assets

In This Issue: Why family offices are channeling human capital investment toward permanent, non-replicable skills rather than short-lived technical expertise. How the same logic is driving financial capital toward heavy, long-duration assets that are not easily obsolete. The unifying principle behind both shifts - a deliberate commitment to permanence. Single Strategy, Two Expressions As family offices prepare for 2026, a clear and unifying philosophy is emerging across both

FOCUS

3 days ago

Hong Kong Ranks Among World’s Least Complex Business Jurisdictions

Hong Kong ranked among the world’s least complex jurisdictions for doing business, according to TMF Group’s latest Global Business Complexity Index, reinforcing the city’s appeal for multinational companies, investors and family offices seeking efficient regional operating hubs. The Hong Kong business environment ranked 78th out of 81 jurisdictions assessed in the report, placing it among the bottom 10 for business complexity alongside New Zealand, Denmark, Jersey and the Cay

ECONOMY

9 hours ago

Singapore Reappoints Gan Kim Yong as MAS Chairman

Singapore will reappoint Deputy Prime Minister Gan Kim Yong as chairman of the Monetary Authority of Singapore for another three-year term from June 1, reinforcing continuity at the city-state’s central bank and financial regulator. The MAS chairman reappointment announcement also confirmed that managing director Chia Der Jiun will continue as a board member for a further two years. Attorney-General Lucien Wong will also serve another three-year term, while Chaly Mah, chairma

REGULATION

9 hours ago

LGT Appoints Ex-Stanchart Thailand CEO to Expand Wealth Management for Thai Families

LGT has appointed Anchalee Bunsongsikul as chief executive officer of LGT Securities (Thailand) Ltd, effective May 15, as the Liechtenstein-based private bank deepens its LGT Thailand wealth management presence in one of Southeast Asia’s fastest-growing affluent markets. Bunsongsikul brings more than three decades of experience in international banking and was most recently president and chief executive officer for Thailand and representative offices at Standard Chartered Ban

PEOPLE MOVES

9 hours ago

UBS Sees Asia’s Next-Gen Wealthy Leaning on Family Offices Amid Succession Wave

UBS expects about USD83tr in wealth to change hands globally over the next two to three decades, with Asia-Pacific families increasingly turning to professional advisers and family offices as intergenerational transfers accelerate, according to the bank’s newly launched Global Next Gen Report. The UBS next generation wealth survey of around 170 clients found more than 40% of Asia-Pacific multi-generational families are already transferring wealth or actively planning successi

FAMILY OFFICES

1 day ago

OCBC Targets Doubling of Consumer Wealth Business by 2029

OCBC aims to double its consumer banking wealth business by 2029, after already doubling it since 2022, The Business Times reported, citing Sunny Quek, the bank’s head of global consumer financial services. The OCBC wealth business target is part of new group CEO Tan Teck Long’s Next Frontier strategy, built around a wealth management committee that brings together OCBC’s consumer bank, Bank of Singapore and insurer Great Eastern under shared financial targets. Quek said OCBC

ASSET MANAGEMENT

1 day ago

Taiwan Financial Firms Post Record Q1 Profit on Stock Market Rally

Taiwan’s financial firms posted record first-quarter pretax profits as a rally in local equities lifted investment returns, wealth management income and brokerage activity, the Financial Supervisory Commission said. The Taiwan financial firms result showed combined pretax profit across banking, insurance and securities rising 37.09% from a year earlier to NTD370.997bn (USD11.81bn), beating the previous first-quarter record set in 2021. Banking pretax profit climbed 28.5% to N

ECONOMY

1 day ago

South Korea Keeps BIS Board Seat as Shin Begins Three-Year Term

Bank of Korea Governor Shin Hyun-song has been elected to the Bank for International Settlements’ 18-member board, Seoul’s central bank said. The South Korea BIS board appointment gives Shin a three-year term and allows South Korea to maintain a seat on the BIS board since 2019. The board sets the policy direction of the Switzerland-based institution, which comprises 63 central banks, and supervises its management. South Korea joined the BIS in 1997. The BOK said Shin’s elect

REGULATION

1 day ago

Wealthy Investors Turn to Singapore as Safe-Haven Hub for Family Offices

Singapore is attracting more wealth from high-net-worth individuals and family offices as geopolitical tensions and Middle East instability increase demand for neutral financial hubs. The Singapore safe haven wealth trend has been reinforced by record total deposits of USD1.61tr in February, while assets under management rose 12% to SGD6.07tr (USD4.48tr) in 2024 and single-family offices exceeded 2,000 by year-end. Advisers said Singapore’s regulatory framework, currency stab

FAMILY OFFICES

2 days ago

Private Markets Growing to USD26.7tr by 2030 as Returns Reset

PitchBook expects global private markets to expand more slowly over the next five years, forecasting assets to grow at a 5.7% compound annual rate from USD20.3tr in 2024 to USD26.7tr by 2030. The private markets growth outlook reflects higher interest rates and weaker distributions reshaping the industry. Secondaries are projected to more than double from USD700bn in 2025 to USD1.5tr in 2030, while funds of funds may shrink to USD600bn from about USD900bn. PitchBook said the

PRIVATE EQUITY

2 days ago

Singapore Accountancy Body Forms Task Force to Strengthen Financial Reporting

Singapore’s national accountancy body has formed a task force with finance and business leaders to strengthen Singapore financial reporting standards and improve how listed companies communicate long-term value to investors. The Strengthening Financial Reporting Taskforce, launched by the Institute of Singapore Chartered Accountants in partnership with the Singapore Exchange, will examine ways to improve disclosures on financial performance, governance, risks and strategy. Ta

REGULATION

2 days ago

Investors Turn to Taiwan and South Korea for Asian Equities Rally

Investors are turning to Asian equities for the next leg of the global stock rally, with Taiwan and South Korea emerging as key targets because of their exposure to artificial intelligence hardware, Bloomberg reported. The Asian equities rally has lifted shares in both markets, helped by gains in Samsung Electronics, SK Hynix and Taiwan Semiconductor Manufacturing Co. Derivatives strategists are recommending bullish trades on Taiwan’s TAIEX, South Korea’s KOSPI 200 and Japan’

ASSET MANAGEMENT

2 days ago

Asia Private Capital Leaders to Gather in Hong Kong for DealStreetAsia Summit

DealStreetAsia said 150 firms have been confirmed to attend its Asia Private Equity Leadership Summit in Hong Kong on May 20, underlining Hong Kong’s role in Asian private capital and family office dealmaking. The summit will bring together senior executives from limited partners, general partners, private credit and secondaries investors, family offices and other industry participants. Confirmed firms include KKR, Bain Capital, Ardian, HarbourVest, Partners Group, StepStone

FAMILY OFFICES

4 days ago

VIDEO RECAP
w/e

15th May 2026

EVENTS

INSIGHTS

INTERVIEW: Shield Xiao Dun | 17EdTech

Wealth Office

PEOPLE MOVES

Singapore Reappoints Gan Kim Yong as MAS Chairman

9 hours ago

LGT Appoints Ex-Stanchart Thailand CEO to Expand Wealth Management for Thai Families

9 hours ago

South Korea Keeps BIS Board Seat as Shin Begins Three-Year Term

1 day ago

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

4 days ago

UBS Reshuffles Southeast Asia Wealth Management Leadership Team

4 days ago

Banks Strengthen Hong Kong Corporate Banking Leadership

May 6

Southeast Asia Private Banking Expansion Strengthens as Lombard Odier Hires DBS Veteran

May 1

Family Office Advisory Demand Rises as Bank of Singapore Expands Team

Apr 30

Asia Investment Banking Expansion Continues as Citi Adds Senior Bankers

Apr 29

Praxis Strengthens Asia Leadership With Hong Kong Appointments

Apr 15

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

The Hong Kong Monetary Authority has reassigned five executive director roles in a lateral reshuffle aimed at grooming its next generation of leaders, Bloomberg and local media reported. The HKMA leadership reshuffle will see Kenneth Hui, currently executive director for external affairs, move to banking conduct, while Archie Ng, executive director for corporate services, will take over monetary management. Alan Au, now executive director for banking conduct, will become exec

REGULATION

4 days ago

BNM and BI Sign Pact to Strengthen Financial and Monetary Cooperation

Bank Negara Malaysia and Bank Indonesia have signed a memorandum of understanding to deepen cooperation across central banking functions. The BNM BI cooperation agreement covers monetary policy, financial stability, macroprudential policy, payment systems, digitalisation, financial sector development, capacity building and information sharing. BNM Governor Abdul Rasheed Ghaffour said the MoU reaffirms the long-standing partnership between the two central banks and expands coo

REGULATION

4 days ago

InvestHK Targets Africa Ties as Hong Kong Courts Cross-Border Capital

Invest Hong Kong will increase engagement with Africa as Associate Director-General Loretta Lee begins an eight-day visit to Johannesburg and Kigali to promote the city as a gateway for African companies expanding into mainland China and Asia-Pacific markets. The InvestHK Africa ties push includes meetings with chambers, banks, financial institutions, fintech firms and professional services groups in Johannesburg from May 10 to 13, before Lee attends the Africa CEO Forum in R

ECONOMY

4 days ago

Saudi Wealth Fund PIF Opens Shanghai Office to Deepen China Investment Links

Saudi Arabia’s Public Investment Fund has launched a second mainland China office in Shanghai as the sovereign wealth fund deepens ties with the world’s second-largest economy. The Saudi PIF China expansion strengthens the fund’s outbound investment capabilities and supports efforts to attract Chinese companies into Saudi Arabia. The USD1tr sovereign wealth fund’s Shanghai office, opened earlier in 2026, operates under its Beijing outpost led by Lily Cong. The move highlights

FAMILY OFFICES

4 days ago

Private Credit Risks Rise as Regulators Warn Over Financial System Exposure

Global regulators have warned that private credit risks are increasing as links deepen between private credit firms, banks, insurers, asset managers and private equity groups. The Financial Stability Board said the market was valued at between USD1.5tr and USD2tr in 2024. The watchdog highlighted rising defaults, limited transparency, liquidity mismatches and the retailisation of private credit as key concerns. While direct bank exposure remains limited at below 0.5% of total

ASSET MANAGEMENT

4 days ago

Thai Banks Expand Wealth Management Push as Loan Growth Weakens

Thai lenders are accelerating their Thai wealth management expansion as sluggish loan growth and lower interest rates pressure profitability. Analysts at CGS International said wealth management is expected to become the main driver of non-interest income growth between 2026 and 2028. Thailand’s four largest banks generated between 13% and 19% of non-interest income from wealth management in 2025, significantly below Singapore’s DBS at 57.5%. Bank of Thailand data showed ther

ASSET MANAGEMENT

4 days ago

ALL NEWS

TOP NEWS

Bhutan and Singapore Sign Tax Pact to Support Gelephu Family Office Hub

Investing in Permanence - Durable Skills and Hard Assets

Hong Kong Ranks Among World’s Least Complex Business Jurisdictions

Singapore Reappoints Gan Kim Yong as MAS Chairman

LGT Appoints Ex-Stanchart Thailand CEO to Expand Wealth Management for Thai Families

UBS Sees Asia’s Next-Gen Wealthy Leaning on Family Offices Amid Succession Wave

OCBC Targets Doubling of Consumer Wealth Business by 2029

Taiwan Financial Firms Post Record Q1 Profit on Stock Market Rally

South Korea Keeps BIS Board Seat as Shin Begins Three-Year Term

Wealthy Investors Turn to Singapore as Safe-Haven Hub for Family Offices

Private Markets Growing to USD26.7tr by 2030 as Returns Reset

Singapore Accountancy Body Forms Task Force to Strengthen Financial Reporting

Investors Turn to Taiwan and South Korea for Asian Equities Rally

Asia Private Capital Leaders to Gather in Hong Kong for DealStreetAsia Summit

VIDEO RECAP w/e

15th May 2026

EVENTS

INSIGHTS

PEOPLE MOVES

Singapore Reappoints Gan Kim Yong as MAS Chairman

LGT Appoints Ex-Stanchart Thailand CEO to Expand Wealth Management for Thai Families

South Korea Keeps BIS Board Seat as Shin Begins Three-Year Term

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

UBS Reshuffles Southeast Asia Wealth Management Leadership Team

Banks Strengthen Hong Kong Corporate Banking Leadership

Southeast Asia Private Banking Expansion Strengthens as Lombard Odier Hires DBS Veteran

Family Office Advisory Demand Rises as Bank of Singapore Expands Team

Asia Investment Banking Expansion Continues as Citi Adds Senior Bankers

Praxis Strengthens Asia Leadership With Hong Kong Appointments

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

BNM and BI Sign Pact to Strengthen Financial and Monetary Cooperation

InvestHK Targets Africa Ties as Hong Kong Courts Cross-Border Capital

Saudi Wealth Fund PIF Opens Shanghai Office to Deepen China Investment Links

Private Credit Risks Rise as Regulators Warn Over Financial System Exposure

Thai Banks Expand Wealth Management Push as Loan Growth Weakens

VIDEO RECAP
w/e