

Family offices in Singapore see 42% rise in 2024
The number of single-family offices (SFOs) in Singapore surpassed 2,000 by the end of 2024, marking a significant increase from 1,400 in...
Jan 16, 2025


Manipulated information can cost family offices billions: report
Leading sustainable investment advisor, Robert Rubinstein, has published a report entitled “Wealth Management’s Dark Secret: How...
Jan 16, 2025


Hong Kong family office association re-elects chair
The Family Office Association Hong Kong (FOAHK) has re-elected Chi-man Kwan of Raffles Family Office as chair, with Grant Ko and Jim Kwok...
Jan 14, 2025


Hong Kong eases rules to attract wealthy investors
Hong Kong is easing its capital investment entrant scheme to attract family offices and bolster its status as a global wealth hub....
Jan 10, 2025


Asia First and Startups Community Asia Ltd Unite to Empower Entrepreneurs and Investors
Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...
Jan 3, 2025


Family offices favour Taiwan, India, US in 2025
High-net-worth individuals and family offices may raise investments in mainland China and Hong Kong next year, encouraged by Beijing’s...
Jan 3, 2025


Cheng family’s CTF eyes USD2bn toll road sale
CTF Services, the family’s infrastructure arm of Hong Kong’s billionaire Cheng family, is exploring the sale of mainland China toll roads...
Jan 2, 2025


Hong Kong expands tax perks to attract family offices
Hong Kong’s plan to expand tax concessions for single-family offices aims to strengthen its position as a hub for high-net-worth...
Jan 1, 2025


Fidelity’s group of 2,000 family offices names new chief
A family office group owned by the parent of Fidelity Investments appointed Kimberly Sheehy to oversee its Communities Center of...
Dec 20, 2024


Hong Kong’s wealth sector grows as Chinese funds flow in
Wealth managers are expanding in Hong Kong to accommodate a surge of mainland Chinese funds seeking offshore opportunities. UBS Group and...
Dec 18, 2024


Hong Kong’s luxury appeal slips among mainland elite
Hong Kong’s appeal to mainland China’s first-tier city luxury consumers declined by 5%, while its attractiveness surged 20% among...
Dec 17, 2024


Singaporean father-and-son billionaire establishing family office in Abu Dhabi
Raj and Kishin Kumar, the father and son billionaire duo in Singapore, are establishing a family office in Abu Dhabi to manage their...
Dec 16, 2024


Eight family offices eye Malaysia’s Forest City’s Special Financial Zone
Eleven companies have expressed interest in establishing operations in the Forest City Special Financial Zone (SFZ), according to...
Dec 13, 2024


Philippine conglomerate The Kho Group to set up family office in HK
The Kho family, which established the 40-year-old conglomerate The Kho Group (TKG) in the Philippines, is setting up a family office in...
Dec 13, 2024


Raffles Family Office names Abdullatif Kanoo as board advisor
Raffles Family Office (RFO) has appointed Abdullatif Mohamed Kanoo as Board Advisor to drive its strategic expansion into the Middle...
Dec 10, 2024


HK offers tax breaks to family offices investing in alt assets
Hong Kong plans to waive taxes on investment gains from cryptocurrencies and other alternative assets for hedge funds, private equity...
Dec 3, 2024


Ultra-wealthy families prioritize governance and succession
Ultra-high-net-worth families are adopting sophisticated strategies to navigate global uncertainties and secure long-term success,...
Dec 2, 2024


Chinese firms turn to family offices amid economic slowdown
Chinese and Hong Kong companies facing a slowdown in China's economy are establishing family office businesses to create new revenue...
Nov 26, 2024


Hong Kong ranks second globally in number of billionaires
Hong Kong has the world's second-highest number of billionaires after New York, according to a report by Altrata on the distribution of...
Nov 26, 2024


Barclays to establish private banking booking centre in Singapore
UK-based Barclays announced plans to set up a private banking booking centre in Singapore, aiming to make it operational by 2026. The...
Nov 25, 2024

