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TOP NEWS

Family Offices Shift to Multi-Hub Wealth Models as Hong Kong Reasserts Role

Family offices and independent advisers are increasingly adopting multi-hub wealth strategies as ultra-high-net-worth families seek greater resilience across booking centres, custodians, currencies and jurisdictions, industry executives said at the Hubbis Independent Wealth Management Forum in Hong Kong. The multi-hub wealth strategies trend reflects growing demand among wealthy families for diversified operational structures capable of managing geopolitical, tax, mobility an

FAMILY OFFICES

26 minutes ago

Succession Planning as the Ultimate Test of Governance

In This Issue: Why succession planning is fundamentally a governance challenge rather than a financial one. The critical needs that define modern succession frameworks. How leading family offices are putting these principles into practice across generations. Governance is the Cornerstone of Succession Planning Succession planning is fundamentally an issue of family office governance. During periods of generational wealth transition, the absence of an effective, controllable g

FOCUS

17 minutes ago

Howden Names New Hong Kong CEO as Asia Expansion Continues

Howden has appointed Alaric Lee as chief executive officer for Hong Kong, succeeding Alfred Sham, who will relocate to Singapore as chief strategy officer for Asia, the global insurance intermediary group said. The Howden Hong Kong CEO appointment remains subject to regulatory approval. Lee currently serves as chief commercial officer for Asia and brings extensive industry experience including more than a decade working in Hong Kong’s insurance sector. Sham led Howden’s Hong

PEOPLE MOVES

34 minutes ago

Over 80% of Hong Kong Firms Plan AI Adoption Within 12 Months

More than 80% of surveyed enterprises plan to adopt artificial intelligence either immediately or within the next 12 months as companies accelerate the shift from pilot projects towards large-scale deployment, according to Cherrypicks. The Hong Kong AI adoption trend reflects rising demand for automation, process intelligence and human-machine collaboration across corporate operations. The Hong Kong-based technology company, a unit of NetDragon Websoft, said firms are increas

ECONOMY

52 minutes ago

Macau Grants First Fund Licence Under New Investment Law

Macau has issued its first fund investment licence under its new Investment Fund Law to HOPU Investments, allowing the Beijing-based alternative investment firm to establish an asset management unit in the city. The Macau fund licence approval comes nearly five months after the law took effect on Jan. 1, introducing a new framework for private funds and structures including collective investment companies and limited partnership funds. Before the legislation, asset management

ASSET MANAGEMENT

59 minutes ago

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

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

3 days 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

3 days 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

3 days 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

4 days 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

4 days 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

4 days 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

4 days 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

5 days ago

VIDEO RECAP
w/e

15th May 2026

EVENTS

INSIGHTS

INTERVIEW: Shield Xiao Dun | 17EdTech

Wealth Office

PEOPLE MOVES

Howden Names New Hong Kong CEO as Asia Expansion Continues

34 minutes ago

Singapore Reappoints Gan Kim Yong as MAS Chairman

3 days ago

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

3 days ago

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

4 days ago

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

6 days ago

UBS Reshuffles Southeast Asia Wealth Management Leadership Team

May 11

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

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

5 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

5 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

5 days ago

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

6 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

6 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

6 days ago

ALL NEWS

TOP NEWS

Family Offices Shift to Multi-Hub Wealth Models as Hong Kong Reasserts Role

Succession Planning as the Ultimate Test of Governance

Howden Names New Hong Kong CEO as Asia Expansion Continues

Over 80% of Hong Kong Firms Plan AI Adoption Within 12 Months

Macau Grants First Fund Licence Under New Investment Law

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

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

VIDEO RECAP w/e

15th May 2026

EVENTS

INSIGHTS

PEOPLE MOVES

Howden Names New Hong Kong CEO as Asia Expansion Continues

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

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

HKMA Reshuffles Five Executive Director Roles in Leadership Planning

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

BNM and BI Sign Pact to Strengthen Financial and Monetary Cooperation

VIDEO RECAP
w/e