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

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

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

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

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

Singapore is cementing its lead as a hub for wealthy families as the Singapore family office boom gathers pace, with the number of single-family offices receiving tax incentives jumping from about 400 in 2020 to over 2,000 by end-2024, the Monetary Authority of Singapore said, helped by faster approvals and a competitive tax regime. Deloitte estimates there were about 8,030 single-family offices globally in 2024, rising to 10,720 by 2030, underscoring the industry’s rapid exp

WRISE Taiwan family wealth expansion is under way as the Singapore-based firm opens a new client service centre in Taipei to deepen coverage of a market where UHNW assets are expected to reach USD1.9tr by 2029. The WRISE Taiwan family wealth expansion will see the Xinyi District centre offer advisory and consultation services and host education and engagement programmes focused on intergenerational planning and next-generation dialogue. Group Executive Chairman Derrick Tan sa

Asia-Pacific family office market growth is expected to outpace other regions as wealthy families expand cross-border portfolios and seek tighter control of complex structures, Research and Markets said in its Family Office Market Report 2026. The report forecast the global market will rise to USD21.55bn in 2026 from USD20.41bn in 2025, a 5.6% compound annual growth rate, and reach USD27.36bn by 2030. In Asia-Pacific, Asia-Pacific family office market growth is being driven b

Asia next-generation wealth transfer is reshaping how advisers work with families, as an intergenerational shift of up to USD5.8tr by 2030 changes decision-making, Maybank’s head of group wealth management Alice Tan said. The Asia next-generation wealth transfer reflects younger heirs’ overseas education and familiarity with financial markets, with some acting as chief investment officers within family offices. The shift is prompting advisers to move from directing portfolios

Dubai family offices are increasingly becoming a base for Asia’s wealthy families as family offices modernise their strategies, speakers said at the Family Office Summit. Organisers said the ecosystem now manages over USD1.2tr, as families push to separate legacy operating businesses from investment capital and professionalise decisions. Speakers said priorities are shifting from preservation to modernisation, with greater focus on AI, governance and new asset classes, includ

Bank of Singapore has hired an alternatives specialist to strengthen its ultra-high-net-worth offering as demand for customised products rises across Asia’s private wealth market. The OCBC-backed private bank appointed Bernard Heng as head of customised solutions, effective March 2, according to a statement. Heng will report to Lim Leong Guan, global head of the investment solutions group, and will lead the development and execution of complex products tailored to UHNW client

Private equity allocation by Asia family offices is set to rise as investors adapt to geopolitical risks and inflation, according to a 2026 global survey by J.P. Morgan Private Bank. The study covered 333 family offices across 30 countries, including key Asia hubs such as Singapore and Hong Kong, and found portfolios remain heavily tilted toward public equities and private investments, which together account for more than two-thirds of assets. About 37% of Asia family offices

Hong Kong single-family offices growth accelerated to 3,384 by end-2025, up 25% in two years, contributing HKD12.6bn (USD1.6bn) a year to the economy, Deloitte said, citing a survey of 136 sector participants conducted in October–December 2025. The count was up by 681 from the fourth quarter of 2023, with surveyed offices’ wealth origins led by mainland China and Hong Kong. Family offices cited uncertainty in U.S. markets and geopolitical volatility as factors driving a refoc

Family offices emerging managers strategies were in focus at the Tokyo Asset Management Forum, where investors said new managers can diversify portfolios through niche strategies and impact investing while still targeting higher returns, even as shorter track records and liquidity constraints remain hurdles. Leo Lum, an investment manager at Singapore-based family office Khattar Holdings, said new managers can outperform in private markets and smaller funds can focus on very

Hong Kong family office tax breaks precious metals coverage will be expanded as the city plans to broaden preferential regimes for funds and family offices to include investments in precious metals, including gold-linked exchange-traded funds, Financial Services and the Treasury Secretary Christopher Hui said. Hui also said Hong Kong and Shenzhen have signed a memorandum to jointly develop gold processing and trading, encouraging collaboration between Hong Kong merchants and

Family offices private equity diversification is accelerating as investors shift more capital into private equity and other alternatives while broadening jurisdictions to manage geopolitical and regulatory risks, according to Ocorian’s 2025 Family Office Report cited by Circle Family Office founder Amin Naj. Pureprofile surveyed 200 family office leaders, family members and advisers in June 2025 and found more than 75% plan to materially increase private equity allocations ov

A Hong Kong family office AI venture fund is backing a new artificial intelligence vehicle launched by former SenseTime managing director Esther Wong, the founder said. Wong’s firm, 3C AGI Partners, is targeting up to USD100m by March after raising USD50m at a first close in November. The fund will focus on so-called “picks and shovels” AI infrastructure, including hardware and data centres, and will steer clear of application-layer bets that Wong described as overvalued. VMS

Asia family offices private equity exposure is set to increase as volatility in public markets pushes investors towards longer-term, less correlated returns, a Schroders Wealth Management survey showed. The poll of 60 family office executives in Singapore, Hong Kong, and across Southeast Asia and India found 52% plan to raise private equity allocations over the next three years, ahead of public equities at 38%, hedge funds at 33%, and bonds and real estate at 22% each. Schro

Hong Kong IPO rebound momentum is being pitched as a draw for family offices, with advisers citing liquidity, a strong listings pipeline and a more supportive tax regime. IPO fundraising ranked first globally in 2025 at HKD285.8bn (USD36.6bn), and more than 300 companies have filed to list on the Hong Kong Stock Exchange, PwC said, projecting about 150 IPOs in 2026 that could raise HKD320bn–HKD350bn. Supporters point to cornerstone buying by long-term institutions, including

Family offices AI investment is now centred on artificial intelligence, but exposure remains concentrated in big-cap listed stocks rather than infrastructure, a survey by JPMorgan Chase & Co.’s private bank found. Of 333 single family offices across 30 countries, 65% cited AI as their top theme, ahead of healthcare innovation, infrastructure and cybersecurity. Yet average allocations to venture capital and growth equity were just 3.3%, and more than half reported none. The po