Fears of an Asia third-generation wealth curse are prompting wealthy families across the region to overhaul succession plans, UOB Private Bank said. Angela Koh, head of wealth planning and family office advisory, noted that equal share distribution is falling out of favour due to risks of rival leadership and disputes, driving greater adoption of trusts that cast heirs as stewards. She said younger members are also reshaping philanthropy in response to the Asia third-generati

The Family Office Forum convened at the Rosewood Hong Kong, bringing together entrepreneurs, investors and next-generation leaders to...