

Asian family businesses turn to private equity amid succession gaps
Family-owned businesses in Asia are increasingly turning to private equity firms to drive growth as fewer heirs step forward and...
Sep 16, 2024


Deloitte signs 50 deals to support family offices in Hong Kong
Deloitte has signed around 50 engagement letters since May 2023 to assist family offices from mainland China and Southeast Asia in...
Sep 12, 2024


Digital family office Arta Finance secures EDBI funding
Arta Finance, a US-based digital family office, secured a strategic investment from EDBI, the venture capital arm of Singapore’s Economic...
Sep 12, 2024


McKinsey report highlights investment opportunities in APAC family offices
Banks and insurers in Singapore and Hong Kong are poised to capitalise on the burgeoning family office sector, which manages...
Sep 10, 2024


Hong Kong to boost philanthropy among wealthy family offices
Hong Kong Chief Executive John Lee Ka-chiu announced plans to transform Hong Kong into a major philanthropic hub. Speaking at the Hong...
Sep 10, 2024


Deloitte: Family offices to dominate with USD9.5tr by 2030
Family offices globally are experiencing substantial growth, with total wealth projected to surge from USD5.5tr to USD9.5tr by 2030, a...
Sep 6, 2024


Wealthy in China turn to stocks as collateral amid liquidity crunch
Amid liquidity challenges, affluent individuals in Hong Kong and mainland China are increasingly utilising private lending services,...
Sep 4, 2024


Christopher Cheng named co-CEO in HK family office shake-up
Hong Kong billionaire Henry Cheng’s family office has appointed his son, Christopher Cheng, as co-chief executive, overseeing North Asia...
Sep 3, 2024


China’s top billionaires lose USD16bn in stock rout
Record stock selloffs in China’s leading consumer companies wiped over USD16bn from the fortunes of the nation’s richest individuals,...
Aug 29, 2024


Family offices drive private asset surge in SE Asia: Preqin
Southeast Asia-based limited partners (LPs), led by family offices, are increasingly allocating funds to private assets, according to a...
Aug 22, 2024


Hong Kong bolsters wealth hub status with over 2,700 family offices
Hong Kong reported over 2,700 single-family offices last year, according to a Deloitte survey, marking a significant boost in its...
Aug 20, 2024


Family offices shift from cash to bonds and stocks in Q2 2024
In the second quarter of 2024, global family offices reduced their cash holdings to increase investments in fixed income and equities,...
Aug 19, 2024


Adrian Cheng predicts Hong Kong's wealth boom
Hong Kong is rapidly emerging as a top global financial center, attracting the world's wealthiest individuals. Adrian Cheng, CEO of New...
Aug 15, 2024


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

