Asian Family Offices Adopt Multi-Base Strategy Beyond Singapore, StanChart Says

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 end-2024, while Hong Kong counted 3,384 at end-2025 and Dubai’s DIFC said it hosted 1,289 family-related entities at end-2025.

Ang said families increasingly mirror Western peers by operating in three to four locations under an Asian family offices multi-base strategy.