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

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

Hong Kong is preparing to expand preferential tax treatment for alternative investment managers by exempting eligible carried interest and hedge fund performance fees from taxation. The proposed Hong Kong hedge fund tax reform forms part of broader efforts to attract investment professionals and strengthen the city’s competitiveness as a regional asset-management centre. The legislation, expected to be presented to the Legislative Council, would extend favourable treatment be

DBS Group will make tokenised physical gold available to retail customers in Singapore during the second half of 2026, expanding access to digital asset-backed precious-metal investments. The tokenised physical gold offering will be delivered through the DBS digibank application and is designed to simplify ownership, trading and redemption of gold. Each DBS Physical Gold Token will be backed by one gram of tokenised physical gold stored in a dedicated DBS vault in Singapore.

China’s Ministry of Finance plans to raise RMB15bn (USD2.2bn) through a sovereign bond sale in Hong Kong, marking its third offshore yuan issuance in the city this year. The China sovereign bonds Hong Kong offering reflects growing international demand for yuan-denominated assets and continued support for Hong Kong’s offshore renminbi market. The bonds will be issued through public tender on June 16 via the Hong Kong Monetary Authority’s Central Moneymarkets Unit and will inc

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,

Hong Kong has been ranked among the world’s top 10 financial services talent markets and fourth in Asia-Pacific, according to Colliers’ Global Financial Services Markets 2026 report. The Hong Kong finance talent ranking placed the city behind Singapore, Beijing and Shanghai, but ahead of Tokyo, reflecting its continued importance as an international financial centre. Colliers classified Hong Kong as a Global Centre due to its strong international connectivity, concentration o

Hong Kong remains firmly supported by mainland Chinese authorities as an international financial centre despite recent regulatory actions targeting illicit overseas investment channels, Financial Secretary Paul Chan said. Speaking at Bloomberg Invest in Hong Kong, Chan emphasised that the Hong Kong financial hub continues to play a critical role in connecting mainland and international capital markets. Chan said cross-border capital flows should move through legitimate and tr

Hong Kong Exchanges and Clearing chief executive Bonnie Chan said Stock Connect trading activity remains robust despite recent measures by China’s securities regulator targeting illegal cross-border securities operations. Speaking at a Bloomberg conference in Hong Kong, Chan said the regulatory actions have not affected legitimate market access through the programme. Average daily Southbound Stock Connect trading rose 14% this year to approximately RMB138bn (USD20.4bn) compar

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

Mirae Asset Securities has introduced a new foreign-investor omnibus account service through a partnership with Singapore-based brokerage UOB Kay Hian. The Mirae Asset omnibus account initiative is intended to improve access to South Korean equities for investors across Singapore and Southeast Asia. Developed through Mirae Asset’s Singapore subsidiary, the service forms part of broader efforts to attract international capital into South Korea’s stock market. The Mirae Asset o

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

Mainland Chinese investors are increasingly travelling to Hong Kong to preserve access to international markets following Beijing’s crackdown on unauthorised cross-border securities trading. The mainland Chinese offshore investments trend accelerated after regulators penalised online brokers Futu, Tiger and Longbridge for soliciting mainland business without appropriate licences. The crackdown has prompted some investors to transfer assets to Hong Kong-based brokers while nav

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

Investors in mainland China and Hong Kong have reportedly been barred from participating in SpaceX’s planned public offering, according to Bloomberg News. The SpaceX IPO restrictions were communicated by lead underwriters, which instructed syndicate members not to accept orders from customers in China and Hong Kong, including private banking clients. The reported decision reflects regulatory and compliance concerns surrounding cross-border participation in the offering. Forei

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

Thailand’s Securities and Exchange Commission will introduce tougher compliance requirements for brokers, asset managers and other capital market intermediaries as part of a broader effort to combat financial crime. The Thailand mule accounts crackdown will take effect on Aug. 16 and is designed to strengthen safeguards against money laundering, cyber-enabled fraud and the misuse of investment accounts. Under the new rules, firms will be required to enhance customer due dilig

The Missing Layer in Family Office Investing (Article 2 of 4) CSRD, AI disclosure norms, and the expanding governance perimeter — why private wealth can no longer sit outside the regulatory frame. There is a widely held assumption in private wealth management that AI and ESG governance regulations are designed for large public companies. Publicly listed, heavily scrutinised, institutionally owned. Not for the family office managing a mid-market portfolio across three jurisdic