

Middle East Tensions May Boost Hong Kong Family Office and Gold Hub Push
Hong Kong family office gold hub ambitions may benefit from escalating Middle East tensions as investors consider shifting assets away from the region, analysts said. Market strategist Kenny Tang said Hong Kong could attract funds that might otherwise flow to Dubai, citing the city’s deep capital markets and free capital flows. The Hong Kong family office gold hub strategy follows the government’s latest budget pledging tax incentives for bullion trading, expanded vault capac
10 hours ago


Hong Kong Budget Targets Family Offices With Tax and Digital Finance Push
Hong Kong budget family offices initiatives aim to strengthen the city’s appeal to global investors through tax expansion, infrastructure upgrades and digital finance development, according to IQ-EQ managing director Clare Chang. She said widening eligibility to include funds-of-one and recognising assets such as digital tokens and precious metals reflects how wealthy families structure portfolios combining private equity, private credit, real assets and co-investments. The H
10 hours ago


Raffles Family Office Launches Platform for Asian Asset Managers and Multi-Family Offices
Raffles Family Office platform for Asian asset managers will be launched through a venture called Quantive Partners in partnership with wealth-tech firm GoUpscale and consultancy Synpulse. The privacy-first Raffles Family Office platform aims to reduce fragmentation caused by multiple custodians, portfolio tools and data sources while improving data integrity, risk visibility and client engagement. Raffles Family Office will act as anchor partner, GoUpscale will build the res
3 days ago


Family Offices Frontier Science Investing Expands Into Space and Longevity Biotech
Family offices frontier science investing is accelerating as wealthy Asian families expand allocations to sectors such as space technology and longevity biotech. The Venture Network founder Lachezar Zanev said younger heirs are increasingly pursuing both outsized returns and social impact through emerging scientific industries. Lower launch costs and improving satellite capabilities, alongside biotech advances moving toward clinical applications, are widening the opportunity
4 days ago


Hong Kong Plans Broader Tax Exemptions to Attract Family Offices
Hong Kong family office tax exemptions could widen as authorities seek to strengthen the city’s position as a global wealth hub. Financial Services and the Treasury Secretary Christopher Hui said the government plans to expand profits-tax exemptions for eligible family offices and funds to include assets such as private credit, gold and commodities, carbon credits, insurance-linked securities and certain digital assets. The Hong Kong family office tax exemptions proposal will
4 days ago


Hong Kong Independent Wealth Managers Rethink Model as Banks Tighten Controls
Hong Kong independent wealth managers model changes are accelerating as private banks tighten compliance requirements and ultra‑rich clients demand broader advisory expertise. Industry executives ahead of the Hubbis Independent Wealth Management Forum Hong Kong 2026 said banks are institutionalising client relationships with heavier onboarding including source‑of‑wealth checks. The Hong Kong independent wealth managers model shift reflects growing demand from families for gov
5 days ago


Asia Family Offices Shift to Multi‑Hub Model Across Singapore, Hong Kong and UAE
Asia family offices multi hub model adoption is accelerating as wealthy families diversify geographic bases across Singapore, Hong Kong and the UAE, according to advisers and IQ‑EQ research. Asia accounts for about 30% of the world’s single‑family offices, with roughly 40% formed over the past 15 years as new wealth expands rapidly and governance needs deepen. The Asia family offices multi hub model is driven by rising allocations to alternatives such as private equity, real
7 days ago


Hong Kong Investment Immigration Scheme Draws 3,166 Applications and HKD95bn Commitments
Hong Kong investment immigration scheme demand is rising as the New Capital Investment Entrant Scheme received 3,166 applications implying about HKD95bn (USD12.2bn) of investment commitments, Invest Hong Kong said. More than 1,760 applicants have completed investments and obtained formal approval from the Immigration Department. Nearly 40% of deployed capital, or HKD21.4bn, went into Securities and Futures Commission‑approved funds while HKD16.1bn or 29% was invested in equit
7 days ago


FSDC Welcomes Hong Kong Budget ‘Finance+’ Agenda and Family Office Push
The Financial Services Development Council welcomed the Hong Kong budget Finance+ agenda, saying measures in the 2026-27 Budget will deepen market liquidity and strengthen the city’s role as a global financial centre and international gateway for cross-border capital. Chairman Benjamin Hung said the multipronged approach supports building a fuller debt market and a more efficient yield curve, while executive director Rocky Tung praised plans to modernise capital markets, incl
Mar 2


Raffles Family Office Backs Hong Kong Budget Family Office Tax Push
Raffles Family Office welcomed Hong Kong’s 2026-27 Budget, saying proposed enhancements to the family office tax regime would help cement the city’s position as a global wealth hub, while urging policies to cover both single- and multi-family offices in tandem, Group CEO Chi Man Kwan said. He pointed to a government-backed market study showing Hong Kong had more than 3,380 single-family offices by end-2025, up over 25% in two years. The budget includes plans to legislate this
Feb 27


Asian Family Offices Adopt Multi-Base Strategy Beyond Singapore, StanChart Says
Asian families with family offices in Singapore are increasingly adding bases in Hong Kong, Dubai and Abu Dhabi as they pursue investable assets, Standard Chartered’s Raymond Ang said, highlighting an Asian family offices multi-base strategy. Singapore will remain the bedrock for family offices in Asia, he said, but other centres play different roles, from Hong Kong’s capital markets to the Gulf as a gateway to the West. Singapore had more than 2,000 single-family offices at
Feb 26


Singapore Asset Management AUM Growth Hits 12% as City Strengthens Global Hub Role
Singapore’s asset management industry grew to about S$6.7tr (USD4.96tr) in 2024, up roughly 12% from a year earlier, underscoring Singapore asset management AUM growth and the city-state’s role as a hub for international strategies, Russell Adam, senior managing partner at Resource Group Holdings wrote. About 77% of assets originated from outside Singapore and nearly 88% were invested overseas, he said. Alternatives including private equity, venture capital, private credit an
Feb 26


APAC Private Banking Market Growth Seen at 9.43% CAGR to 2031
The APAC private banking market is forecast to grow at a 9.43% compound annual rate from 2026 to 2031, expanding from USD44.3bn in 2025 to USD76.05bn by 2031, Mordor Intelligence said, pointing to APAC private banking market growth. The market is expected to reach USD48.47bn in 2026, up from USD44.3bn in 2025, as rising high-net-worth populations and large inter-generational wealth transfers lift demand for advice and discretionary mandates. Banks are also investing more in t
Feb 26


Azimut Executive Says Korea ‘Family Offices’ Are Often Just Private Banking Marketing
Azimut Investment Management’s Korea wealth head Kim Hyeong-guk said many Korea family offices are in practice expanded private-banking services rather than full institutional structures, arguing the country needs tax relief and a deeper investment ecosystem to build models comparable with Singapore. He said securities firms began using the family-office label after the pandemic, but few clients have set up entities with dedicated governance and operating functions. Kim point
Feb 25


AYU Launches AI Capital Matching Service for Family Offices
AYU, a private members’ community for family offices and alternative investment funds, has launched AYU Capital, an AI capital matching service for family offices using its ‘Cupid’ platform. The firm said the service connects funds and founders with verified family office investors while allowing investors to remain anonymous. AYU said the platform aims to cut wasted time caused by unsolicited pitches and fragmented data by structuring submissions and generating targeted intr
Feb 24


Asia Family Offices Shift to Multi-Hub Model as Alternatives Boom
Asia is now the world’s fastest-growing wealth region, but Asia family offices are increasingly shifting to a multi-hub model rather than relocating to a single centre, according to IQ-EQ research and industry advisers. Asia accounts for about 30% of the world’s single-family offices, with roughly 40% formed in the past 15 years. As portfolios tilt towards private equity, real estate, hedge funds and direct deals, oversight from one location is becoming harder, pushing functi
Feb 24


Hong Kong Courts Malaysia’s Ultra-Wealthy With Family Office Tax Breaks and FX Stability
Hong Kong is courting Malaysia’s ultra-wealthy with family office tax breaks and currency stability as regional families step up succession and global asset planning, Invest Hong Kong said. Jason Fong, global head of family office at Invest Hong Kong, said the city’s low-rate territorial tax system and a profits-tax exemption introduced in 2023 for qualifying family-owned investment holding vehicles managed by single family offices can support long-term structures, with a min
Feb 24


Asia Family Office Group Hails Year of the Horse, Backs Hong Kong Wealth Platform
The Association of Family Offices in Asia marked the Lunar New Year, saying the Year of the Horse would usher in a new chapter of growth while backing the Hong Kong wealth platform. In a message to partners, clients and friends, the group wished families good health, success and prosperity, adding it hopes businesses will thrive and that wealth and happiness will go hand in hand. Looking ahead, it said it will continue to leverage the Hong Kong wealth platform, the city’s int
Feb 24


Family Offices Pile Into Asia Private Credit as Issuance Forecast Jumps
Family offices in Hong Kong and Singapore are ramping up allocations to Asia private credit as flexible financing and higher yields draw investors into a market expected to accelerate in 2026, executives and rating analysts said. SC Lowy CEO Michel Lowy forecast a new multi-year allocation cycle into Asia, with growth outpacing other regions as private lenders fill gaps left by constrained banks, particularly in real estate, data centres and energy transition. Moody’s Ratings
Feb 23


Family Offices Evolve Into Family Office Governance Platforms, Pantheon CEO Says
Family offices are shifting from founder-led investing outfits into family office governance platforms as entrepreneurs look to turn liquidity into multi-generational stewardship, Santosh Keni, CEO of Pantheon Global Family Office, said in an interview with Hubbis. Keni said many principals mistake hiring professionals for building an institution, arguing the first step is defining purpose and putting durable governance around decision-making, oversight and succession so the
Feb 20

