Asian UHNWIs cross-border mobility is accelerating, and family offices are emerging as the primary structuring response as ultra-wealthy families adapt to increasingly mobile wealth, according to a commentary by Ocorian. Wealth growth in Greater China has outpaced Southeast Asia, with the UBS Global Wealth Report 2025 showing China’s millionaire population rising by more than 380 people a day in 2024. Ocorian said younger Chinese entrepreneurs are driving outward mobility foc

Family office expansion in Asia and the Middle East is accelerating as rising private wealth pushes families to diversify and professionalise investment, governance and operating models, recruiters say. Singapore and Hong Kong are competing aggressively for family office mandates, with Singapore’s single-family offices climbing to about 2,000 by end-2024, according to government data cited by Reuters. In the Gulf, Dubai and Abu Dhabi are attracting established regional famili

Asia family office hubs are accelerating their professionalisation as newly wealthy entrepreneurs establish dedicated organisations and compete for experienced talent, according to a compensation benchmark report by KPMG Private Enterprise and recruiter Agreus. The study was based on an online survey of 585 family-office professionals ranging from personal assistants to principals, alongside 20 in-depth interviews with senior leaders worldwide. Singapore and Hong Kong continu

Singapore family offices are increasingly driving charitable giving as their numbers surpassed 2,000 by end-2024, marking a tenfold rise...