

E-commerce tycoon Colin Huang now China's wealthiest
Colin Huang, founder of PDD Holdings, has become China's richest man, with a net worth of USD48.6bn, according to the Bloomberg...
Aug 12, 2024


Singapore’s MAS chooses EY for family office compliance
The Monetary Authority of Singapore (MAS) has appointed Ernst & Young Advisory Pte. Ltd. (EY) as one of six screening service providers...
Aug 12, 2024


Knight Frank: Hong Kong rising as family office centre
Hong Kong is set to grow as a family office hub due to legislative changes and challenges in rival hubs, as highlighted by a Knight Frank...
Aug 6, 2024


Family offices drive APAC hotel investment surge
Family offices are driving a surge in hotel investments in the Asia-Pacific region, with a 19% increase in transactions totaling USD5.7bn...
Aug 5, 2024


Hong Kong firm expands its family office services amid real estate slump
Centaline Wealth Management, a subsidiary of Hong Kong’s Centaline Group, is expanding its family office services amid a real estate...
Aug 2, 2024


APAC family offices embrace AI, alternative assets
Generative AI is expected to become the top investment theme for family offices in the next two to three years, with health tech and...
Jul 30, 2024


Digital family office Arta Finance secures Singapore licence
Arta Finance, a digital family office with bases in Singapore and the US, has been granted a capital markets services licence by the...
Jul 22, 2024


Indonesia plans to establish family offices to attract global wealth
Indonesia’s Chief Investment Minister Luhut Binsar Pandjaitan is finalising plans to establish family offices in the country before...
Jul 22, 2024


Family offices launch USD100m fund for Hong Kong residency applicants
Hong Kong’s cash-for-residency scheme has spurred local family office operators to collaborate on launching a USD100 million fund...
Jul 19, 2024


Singapore challenges London as top hub for family offices
Singapore is positioning itself as a strong rival to London as a hub for family offices, according to a report by KPMG and Agreus. The...
Jul 18, 2024


Raffles Family Office names new group COO
Raffles Family Office has appointed Terence Chow as its new Group COO, effective July 2. Chow, based in Hong Kong, will oversee the...
Jul 16, 2024


Hong Kong’s private banking sector sees surge in HNWI inflows
Hong Kong’s private banking sector is seeing a resurgence of optimism, driven by a significant inflow of high net worth individuals...
Jul 16, 2024


Taiwan to lead global surge in millionaires by 2028, UBS reports
According to a recent UBS report, Taiwan is projected to see a 47% increase in millionaires by 2028, the highest growth rate globally,...
Jul 15, 2024


Cooperation urged between Singapore and Hong Kong in family offices
Experts from The Hong Kong University of Science and Technology highlight that viewing Singapore and Hong Kong as rivals in attracting...
Jul 15, 2024


80% of HK families manage overseas funds, survey shows
A survey by Hang Seng Bank reveals that 80% of Hong Kong families manage funds overseas. The study, which interviewed nearly 400...
Jul 5, 2024


Singapore revokes tax benefits for family offices in USD3bn scandal
Singapore’s Deputy Prime Minister and Minister for Trade and Industry, Gan Kim Yong, who also chairs the Monetary Authority of Singapore...
Jul 4, 2024


Hong Kong to host wealth legacy summit for family offices in September
The Hong Kong Academy for Wealth Legacy is set to host a three-day summit from September 12 to 14, aiming to bolster Hong Kong’s role as...
Jul 3, 2024


Barclays says Asia family offices can fill climate tech funding gap
Barclays Plc suggests that family offices in Asia can capitalise on a funding gap for climate technologies. While venture capitalists...
Jun 20, 2024


Singapore tightens oversight on family offices, hedge funds
Singapore is tightening regulations on family offices and hedge funds following recent scandals. Authorities demand more information and...
Jun 17, 2024


Hong Kong sees surge in financial managers, family offices
Despite concerns over potential capital flight following the enactment of the national security law in 2020, Hong Kong’s financial sector...
Jun 12, 2024






