

HSBC to open three wealth centres in Singapore by 2025
London-based HSBC is expanding its presence in Singapore with plans to open three wealth centres by early 2025, aimed at enhancing client...
Jun 7, 2024


Hong Kong’s wealthy to invest over half their cash holdings
A report by The Hongkong and Shanghai Banking Corporation reveals that Hong Kong’s affluent investors plan to allocate over half of their...
Jun 7, 2024


Hong Kong seeks to expand wealth links with mainland China
Hong Kong’s central bank chief and top executives from UBS Group AG and HSBC Holdings Plc have advocated for expanding the Wealth...
Jun 7, 2024


Indonesia seeks USD100-200m investment from family offices
Indonesia is targeting an investment influx of USD100m-200m from family offices, as announced by Luhut Binsar Pandjaitan, the...
Jun 6, 2024


Hong Kong targets Middle East, Indonesia to boost family office hub status
Hong Kong is targeting the Middle East and Indonesia to attract family offices, aiming to enhance its status as a global hub for such...
May 29, 2024


Raffles Family Office names new Singapore CEO
Raffles Family Office has appointed Kendrick Lee as its new CEO for Singapore. Lee, a co-founder and managing partner at the multi-family...
May 28, 2024


Asian Family Legacy Foundation chooses Hong Kong hub
The Asian Family Legacy Foundation, with 120 family office members, will use Hong Kong as a hub for philanthropy, education, and cultural...
May 24, 2024


Global family offices eye increased APAC investments
Over a third of single-family offices plan to increase investments in Asia-Pacific (Apac) excluding Greater China in the next five years,...
May 23, 2024


Prudential shuts down HK wealth business
Prudential has discontinued its Hong Kong wealth management business, Pulse Wealth, as part of an effort to streamline operations, the...
May 10, 2024


Seoul’s billionaire count exceeds Tokyo’s in latest wealth report
Seoul ranks 19th globally, with over 80,000 millionaires, according to the 2024 World’s Wealthiest Cities report by Henry & Partners and...
May 10, 2024


AIA launches wealth centre in Singapore for affluent clients
Hong Kong-based AIA has opened a new Wealth Center in Singapore, targeting affluent and high-net-worth individuals and families. Located...
May 2, 2024


SG’s Temasek Trust starts new philanthropic advisory firm
Temasek Trust, founded by Singapore’s state investment fund Temasek Holdings, has launched TT Foundation Advisors (TTFA), a new provider...
Apr 30, 2024


SCB Julius Baer appoints new CEO in Thailand
Peerapong Jirasevijinda has been appointed as the new CEO of SCB Julius Baer, the joint venture between Julius Baer and Siam Commercial...
Apr 22, 2024


Endowus launches full-service wealth management in Hong Kong
Singapore-based Endowus has expanded its wealth management services to Hong Kong, launching a full-service platform. The digital wealth...
Apr 18, 2024


HSBC targets wealth management growth in China, India
HSBC Holdings Plc is intensifying efforts to enhance its wealth management capabilities in China and India to match those in Hong Kong,...
Apr 9, 2024


Dubai Sheikh halts launch of USD500m HK family office
Sheikh Ali Al Maktoum, claiming ties to Dubai’s ruler, postponed the opening of his Hong Kong family office, initially set for Thursday,...
Mar 28, 2024


BNP Paribas targets Thai wealth market with onshore expansion
BNP Paribas has expanded its wealth management services into Thailand, establishing an onshore presence through BNP Paribas Securities...
Mar 25, 2024


Hong Kong summit to highlight global family office strategies
The Wealth for Good in Hong Kong Summit, featuring David Wertheimer of the Chanel family and members of Dubai’s ruling family alongside...
Mar 25, 2024


China's affluent families see wealth decline for second time in 15 years
According to the Hurun Wealth Report, China’s affluent families with assets of at least CNY6m declined by 0.8% to 5.14 million, marking...
Mar 21, 2024


Over 2,700 family offices established in Hong Kong
Hong Kong hosts over 2,700 single-family offices, with a government initiative to reinforce its status as a wealth hub in Asia. According...
Mar 19, 2024






