The Lioner Singapore expansion marks a major milestone for Lioner International Group, which has moved its Singapore operations to a larger office at One Raffles Place after tripling revenue in the first half of 2025. The Chinese wealth consortium, providing integrated insurance, trust, and family office services, said the relocation reflects growing demand from ultra-high- and high-net-worth clients for consolidated legacy and wealth-planning solutions. Operating across Hong

The Lumen, Aument merger 2025 combines Singapore-based independent wealth managers Lumen Capital Investors and Aument Capital Partners under the Lumen Capital Investors brand. Integration is 95% complete, with all staff based at Sing Land Tower. The merger blends Lumen’s family-office heritage with Aument’s digital and discretionary capabilities, delivering early gains in digital delivery, private-market access, and discretionary management. The enlarged platform targets high

Hong Kong family offices 2025 are launching a USD100m Inspira fund to attract international investors under the government’s Family Office 2.0 initiative. Five family offices jointly established the closed-end vehicle, which will focus on private credit and income assets, said Cliff Ip of Wings Capital. The Inspira fund qualifies under the Capital Investment Entrant Scheme (CIES), which grants residency to those investing HKD30m (USD3.8m) in approved assets. Chief Executive J

Endowus funding round 2025 has drawn significant backing from Asian family offices as the Hong Kong- and Singapore-based wealth platform secured HKD540m (USD70m) in new financing. The round, led by UK-based Illuminate Financial, also included Citi Ventures, Prosus Ventures, and regional family offices. Endowus Group — which spans licensed entities in Hong Kong and Singapore and includes multi-family office Carret Private — raised HKD155m of new capital and converted existing

Hong Kong and Singapore family offices are increasingly acting as dual bases for Asia expansion, focusing on real estate and private direct investments for long-term growth, according to Julius Baer’s 2025 Family Barometer. Surveying 2,500 family-office experts across four regions, the bank found Hong Kong now hosts about 2,700 single-family offices and Singapore over 2,000, helped by tax incentives and migration programmes. Hong Kong’s eight new measures, including the Capit

Hong Kong multifamily offices are the focus of the city’s second-phase family-office strategy running 2026–2028, targeting 220 additional single and multifamily offices from Europe, the Middle East and Asia, according to InvestHK. The plan builds on the ecosystem developed through eight measures — including tax concessions and an investment-migration route — and extends a 2023–2025 goal that brought in 200 offices. Branded Family Office 2.0, the initiative aims to broaden bey

Asia’s ultrawealthy AI investment strategies are shifting toward Chinese equities to capture gains from an AI-led market rally and easing interest rates, private bankers say. Confidence has improved since Q2 2025 on resilient activity, AI-driven earnings and renewed rate cuts despite US-China trade frictions. Wealth-X estimated that regional fortunes of individuals worth USD30m or more rose 10% in the first half, lifting risk appetite. Capital flows are gravitating toward Hon

Family office succession planning remains a major challenge globally, with most firms still unprepared for generational transition, according to a new Ocorian survey. Only 23% of respondents said they were fully ready for succession, while 99% of employees and advisers agreed more preparation is needed. About 91% observed a natural handover of wealth and leadership, while 3% did not and 6% were unsure. Generational divides are evident: 85% said next-gen approaches differ from

Singapore family office incentives are under scrutiny as authorities review a 2018 vehicle linked to Prince Holding Group chairman Chen Zhi, following his indictment in the US for allegedly directing a cyber-fraud network. Thailand’s Cyber Crime Investigation Bureau said it will coordinate with US agencies on potential asset seizures, while Singapore police are reviewing the case with overseas counterparts. US officials have seized around USD15bn in bitcoin, while the UK froz

Asian family offices are increasingly allocating to semi-liquid alternatives such as private credit and secondaries to enhance returns and manage risk, according to Singapore-based multi-family office First Capital Global Management (FCGM). Lili Wang, the firm’s head of alternative investments, said FCGM is evaluating two private credit funds in Asia and the US and prioritises flexible, cash-generating structures with high single-digit yields. Alternatives now make up around

Family offices leverage strategies are expanding as ultra-wealthy investors adopt more sophisticated financing to capture opportunities and manage risk, according to a Deutsche Bank report. Over half of the 209 family offices surveyed by Germany’s largest lender view leverage as a key part of their investment approach, with real estate cited as the most common reason for increased borrowing in the past year. The report said family offices are better prepared than in previous

Hong Kong family office growth continues as regulators and wealth managers intensify efforts to serve increasingly sophisticated investors shifting allocations toward private markets and global diversification. The city now counts more than 2,700 single-family offices as of September 2025, after meeting its 2022 goal to attract at least 200, and aims to bring in another 220 between 2026 and 2028. Raffles Family Office, led by group CEO Chi Man Kwan, is expanding into the Midd

Malaysia family office tax incentives could deliver up to MYR10.7bn (USD2.5bn) in economic benefits, according to Juwai IQI Global Wealth Office head Haroon Anwar. The new package aims to attract single-family offices (SFOs) with assets of at least MYR30m, a threshold below Hong Kong’s and far under Dubai’s MYR211m. It requires MYR500,000 in annual domestic spending and offers up to 20 years of 0% income tax plus exemptions on stamp duty and capital gains. Anwar said long-ter

Lioner Hong Kong leadership has been bolstered with the appointment of Gary Mak as general manager, reinforcing Lioner International Group Ltd.’s growth strategy in Asia. The firm, which offers insurance, trust, and family office services, said Mak will oversee Hong Kong operations, focusing on sales strategy, advisor engagement, and expansion into Asia’s wealth hubs. With more than 20 years of experience at Fubon Life, AXA, MetLife, and New York Life, Mak brings strong exper

Global family offices in Hong Kong gathered at the sixth World Family Office Forum | Asia, which opened on 9 October at the Ritz-Carlton Hong Kong. The two-day event, hosted by Connect Group, convened family principals, office leaders, and investors for closed-door discussions on wealth, governance, and innovation. The forum focuses on multigenerational succession, global investment trends, venture capital, digital assets, and impact investing. Sessions also explore cybersecu

Raffles Family Office CEO Kwan Chi-man said that multi-family offices can leverage their scale to become influential market players and create lasting global impact. Speaking at the firm’s annual forum in Hong Kong, he noted that these organisations can expand assets under management, nurture local talent, and strengthen Hong Kong’s reputation as a top wealth management hub. Raffles Family Office also plans to broaden its Middle East presence and will host its first family of

Hong Kong family office incentives are being expanded as the city steps up its efforts to attract global wealth and strengthen its financial ecosystem. Financial Services Secretary Christopher Hui announced that new legislation will be introduced next year to extend tax concessions to carbon credits and digital assets, while also expanding eligible investments to private credit. Hong Kong aims to help 220 family offices establish or expand operations between 2026 and 2028, su

The World Family Office Forum Asia opens on 9–10 October at The Ritz-Carlton Hong Kong, bringing together family principals, single and multi-family office leaders, and advisers for two days of private discussions focused on governance and investment strategy. The event, organised by Connect Group, aims for at least 70% participation from family offices to ensure peer-led dialogue. The sixth edition will feature sessions on global investment trends, public market allocations

Black Spade Capital, the family office of Melco Resorts chairman Lawrence Ho, has opened the 15,000-square-foot iRad Hospital inside Studio City in Macau — the world’s first integrated resort hospital equipped with MRI and CT scan facilities. The iRad Hospital project marks a significant milestone for Lawrence Ho’s family office as it aligns with Macau’s “1+4” economic diversification strategy to develop non-gaming sectors such as healthcare, tourism, and innovation. The faci

Raffles Family Office has strengthened its Hong Kong presence with the appointments of Michael Tung as Managing Director and Jennie Liang...