Hong Kong’s role as an international financial and regional business hub will continue strengthening despite geopolitical tensions, according to Hong Kong Trade Development Council chairman Frederick Ma. The Hong Kong financial hub outlook remains supported by the city’s free flow of information and its mature banking, capital markets, accounting and legal ecosystem, Ma said during a public event. He added that foreign companies still largely prefer Hong Kong as a location fo

DBS Group Research said global financial centres in the artificial intelligence era will increasingly be judged by whether AI-driven financial decisions can be trusted across borders rather than simply by technology capability or capital-market size. The Singapore AI finance hub assessment came in a DBS report titled The Trusted AI Financial Hub, which introduced a Global AI Financial Hub Index covering 15 financial centres across AI integration, governance, digital infrastru

Singapore’s reputation as a safe haven is attracting more philanthropists, family offices and high-net-worth individuals seeking to establish foundations and charitable structures amid rising geopolitical uncertainty, according to executives from Pictet Wealth Management. The Singapore family office philanthropy trend reflects growing demand for politically stable and internationally connected jurisdictions capable of supporting long-term wealth preservation and cross-border

A family office group owned by the parent of Fidelity Investments appointed Kimberly Sheehy to oversee its Communities Center of...

Raffles Family Office (RFO) has appointed Abdullatif Mohamed Kanoo as Board Advisor to drive its strategic expansion into the Middle...

Ultra-high-net-worth families are adopting sophisticated strategies to navigate global uncertainties and secure long-term success,...

Hong Kong's private wealth management sector remains optimistic about its five-year outlook, driven by opportunities from mainland...

Hong Kong's investment promotion agency, InvestHK, has launched a European tour to attract high-net-worth individuals to establish family...

Singapore's central bank and financial regulator, the Monetary Authority of Singapore (MAS), has relaxed requirements for single family...

Family offices are set to increase their private equity (PE) allocations, with 40% of respondents planning higher investments in PE over...

Hong Kong is introducing a policy framework to promote responsible AI adoption in financial services, a move expected to attract family...

Wealthy European families are increasingly turning to Hong Kong to establish family offices and invest, aiming to diversify their...

Family offices in Asia are increasingly embracing digital assets, with 76% of private wealth in the region already invested in the space,...

Hong Kong is set to overtake Switzerland as the world’s leading destination for wealth management by 2027-28, according to government...

Citi Private Bank’s 2024 Family Office Survey reveals Asian family offices remain optimistic despite global uncertainties. The Asia...

Hong Kong has risen to third globally and first in the Asia-Pacific region in the Global Financial Centers Index (GFCI) 36 Report,...

Family offices worldwide are moving cash into bonds and equities, with nearly half expecting returns above 10% over the next year,...

Hong Kong Chief Executive John Lee Ka-chiu announced plans to transform Hong Kong into a major philanthropic hub. Speaking at the Hong...

Family offices globally are experiencing substantial growth, with total wealth projected to surge from USD5.5tr to USD9.5tr by 2030, a...

Record stock selloffs in China’s leading consumer companies wiped over USD16bn from the fortunes of the nation’s richest individuals,...