Fundraising has overtaken exits as the biggest challenge confronting Asia-Pacific private equity and venture capital firms, according to new research by DealStreetAsia and Vistra Fund Solutions. The APAC private capital survey found investors have become increasingly selective as geopolitical uncertainty and tighter liquidity reshape fundraising conditions. Among 105 senior industry executives surveyed, 57.5% identified fundraising as the principal source of friction, compare

Hong Kong banks should broaden their Hong Kong family office services as a new generation of wealthy Asian entrepreneurs increasingly seeks strategic advice that extends beyond traditional investment management, according to KPMG. The recommendation comes as family offices become more prominent across the region amid rapid wealth creation and growing succession-planning needs. KPMG’s 2026 survey found that 46% of Asian family offices were established within the past five year

Asian ultra-high-net-worth families are increasingly embracing the family office model as they seek more personalised advice, international expertise and long-term wealth stewardship. According to Ardenwood Advisors founder Flora Dong, the rise of cross-border wealth is driving demand for more sophisticated structures capable of managing complex family and financial affairs. Dong said the trend is particularly evident among globally connected families with assets and business

Nearly two-thirds of high-net-worth individuals in Hong Kong and mainland China do not have formal wealth-transfer arrangements in place, despite growing concerns about economic uncertainty and market volatility, according to an HSBC Life survey. The legacy planning challenge is becoming increasingly important as affluent families seek to preserve wealth across generations and navigate a more complex investment environment. The survey found that concerns over future economic

Three actions any family office can take immediately — without a large budget, a dedicated team, or a multi-year transformation program. Over the past three weeks, this series has made the case that ESG-AI governance is a capital risk issue, that the regulatory and market environment has already shifted, that specific unpriced exposures exist in most private portfolios, and that governance delivers measurable financial value when it is structured correctly. The question that

Singapore is well positioned to benefit from the region’s expanding asset and wealth-management sector, with Asia-Pacific assets under management projected to reach USD34.5tr by 2030, according to a new PwC report. The Singapore wealth boom is expected to be supported by strong capital inflows, growing private wealth and continued innovation in financial services. PwC forecasts Asia-Pacific assets under management will expand at a compound annual growth rate of 6.8%, outpacin

Around 30 European family offices are considering establishing operations in Hong Kong, according to InvestHK, highlighting growing international interest in the city’s wealth-management ecosystem. The European family offices Hong Kong trend reflects increasing confidence in the city’s role as a gateway to China and wider Asian markets. Jason Fong, InvestHK’s global head of family office, said the European family offices Hong Kong prospects account for approximately 19% of th

Hong Kong-based MCM Partners has launched a dedicated family office business as competition intensifies among regional wealth centres to attract affluent families and entrepreneurs. The MCM family office platform will combine advisory, wealth-management and wealth-planning services under a single offering. MCM announced on LinkedIn that Christophe Page will lead the MCM family office initiative. Page brings around two decades of experience across private banking, alternative

Indonesia could attract as much as USD500bn in assets by establishing a competitive family office ecosystem, according to National Economic Council chairman Luhut Binsar Pandjaitan. The Indonesia family office market initiative forms part of wider efforts to position the country as a major wealth-management destination within Southeast Asia. Speaking ahead of an international investment forum in Bali, Luhut said the Indonesia family office market could generate substantial ca

Singapore’s revised framework for single-family offices officially took effect on June 15, simplifying compliance requirements for firms operating in the city-state. The Singapore family office framework changes are designed to reduce administrative burdens while maintaining regulatory oversight. Under the revised Singapore family office framework, eligible single-family offices are required only to notify the Monetary Authority of Singapore of their operations, maintain an a

Urs Wietlisbach, one of the billionaire founders of Swiss private-equity firm Partners Group, is establishing an independent investment unit within PG3 AG, the family office that has managed the wealth of the firm’s three founders since 2013. The family office succession planning move is seen as an early step in preparing for future wealth transition and governance changes. Bloomberg reported that the new unit will be led by Jascha Forster, currently chief investment officer

Asian consumers are increasingly prioritising financial independence, health and quality of life over simply extending lifespan, according to Manulife’s latest Asia Care Survey. The financial longevity planning study surveyed more than 9,000 individuals across nine Asian markets and found a significant shift in attitudes towards ageing and retirement. Around 70% of respondents identified financial health as a key enabler of longer and better lives, while 62% said maintaining

Four unpriced exposures sitting inside your portfolio right now — and what governance actually delivers when you act on them. There is a category of risk present in most private portfolios today that standard financial analysis will not surface. It does not appear on the balance sheet. It does not show up in revenue forecasts. A legal review focused on commercial contracts will not flag it. It lives at the intersection of AI systems and ESG accountability. And in most cases,

Asian family offices need to engage earlier with private technology opportunities as more value creation occurs before companies reach public markets, according to a new report released by Annum Capital, Deane Consulting and Turoid. The Asian family office technology investing guide argues that category-leading technology firms are remaining private for 10 to 14 years or longer. The report said Asian family office technology investing strategies must evolve because much of th

AXA has launched AXA Global Private, a new platform designed to serve affluent clients and wealthy families across Asia from a Hong Kong base. The AXA Global Private initiative will offer specialised insurance and investment solutions covering luxury properties, art collections and kidnapping-and-ransom risks. The platform will operate through entities in Hong Kong and Bermuda and initially target clients with assets ranging from HKD10m (USD1.28m) to HKD50m, according to Sall

The Southeast Asian family office sector is entering a period of rapid expansion, supported by rising regional wealth, succession planning activity and evolving investment strategies. The SE Asia family offices report by The Venture Network highlighted accelerating growth across the region, particularly in Singapore and Malaysia. Singapore, the region’s largest hub, surpassed 2,000 family offices in 2025 with assets under management of USD66.8bn. Malaysia is also developing i

WRISE Wealth Management has launched WRISE Master Trust in Hong Kong as demand rises for integrated wealth planning, succession and asset-protection solutions among affluent Asian families. The WRISE Master Trust combines the company’s wealth-management platform with the licensed trustee capabilities of Quantum Trust. The new offering is designed for high-net-worth individuals and family offices seeking cross-border wealth management, governance support and long-term successi

Hong Kong is proposing stricter compliance requirements for family offices even as it broadens tax incentives to cover a wider range of alternative assets, including digital assets, precious metals and selected commodities. The Hong Kong family office rules are designed to ensure that firms benefiting from tax concessions maintain genuine economic substance in the city. Under the proposed framework, family offices seeking preferential tax treatment will need to satisfy “real

Family offices, institutional investors and high-net-worth individuals are the focus of a new platform launched in Hong Kong to strengthen the city’s role as an international investment gateway. The Hong Kong investor hub initiative, known as the Global Investor Institute, was founded by William Kwok and aims to connect capital with emerging technology opportunities across Asia and beyond. The Hong Kong investor hub will provide a continuous platform for dialogue among instit

Family offices are increasingly turning to external specialists to strengthen cyber defences as digital threats become more sophisticated, according to new research from Ocorian. The family office cybersecurity outsourcing study surveyed 200 family office executives and family members overseeing a combined USD119.4bn in wealth and found that 43% had experienced a cyberattack during the past two years. Despite rising risks, significant gaps remain. Around 18% of respondents sa