Asian families with family offices in Singapore are increasingly adding bases in Hong Kong, Dubai and Abu Dhabi as they pursue investable assets, Standard Chartered’s Raymond Ang said, highlighting an Asian family offices multi-base strategy. Singapore will remain the bedrock for family offices in Asia, he said, but other centres play different roles, from Hong Kong’s capital markets to the Gulf as a gateway to the West. Singapore had more than 2,000 single-family offices at

From “Don’t Lose Grandfather’s Money” to “Let’s Build the Future” Family offices in Hong Kong and Asia are steadily shifting from a pure capital‑preservation mindset toward a more creative deployment of capital . Instead of only asking “How do we avoid loss?”, many are also asking “What new engines of wealth and influence can we build?” Global and APAC surveys show rising allocations to private markets, growth equity and direct deals, especially where families can contribute

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