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TOP NEWS

Family Offices March Dealmaking Slows as Iran Conflict Rattles Markets

Family offices March dealmaking slowed as ultra-wealthy investors pulled back on direct transactions during a month marked by market volatility linked to the Iran conflict, according to Fintrx data. Family offices made 39 direct investments in companies during March, down 25% from February after adjusting for the difference in month length. Even so, deal sizes increased, with a quarter of those transactions qualifying as mega-rounds of more than USD100m. Bezos Expeditions co-

FAMILY OFFICES

8 hours ago

Building Structured Next-Gen Pathways

In This Issue: Deliberate development programs are replacing one-time succession handovers. Core components of next-gen readiness The rise of collaborative leadership models for a new generation of wealth stewards. For decades, succession in family offices was widely viewed as a singular legal event — a signing of documents, a handshake at the boardroom table, and a hope that the next generation would figure things out. That era is ending. With a good portion of family off

FOCUS

Mar 30

External Asset Managers Gain Ground in Singapore Wealth Market

External asset managers Singapore are gaining traction as wealthy clients seek more customised and transparent advice, according to research by Bank of Singapore. More than half of managers surveyed are expanding into new markets and partnerships, while nearly two-thirds said improving client experience was a priority. Demand is shifting towards fixed income as investors adopt a more defensive stance, alongside growing interest in alternatives and ETFs. Industry executives, i

ASSET MANAGEMENT

8 hours ago

South Korea Crypto Acquisitions Rise as Securities Firms Seek Growth

South Korea crypto acquisitions are gathering pace as securities firms pursue purchases and stake investments in cryptocurrency operators while tokenised securities legislation remains delayed. Korea Investment & Securities is reviewing a potential acquisition of Coinone, while Mirae Asset Securities raised its stake in Korbit to 92% in February, securing management control. The shift highlights brokerages’ efforts to find new revenue streams as growth in traditional business

REGULATION

8 hours ago

Thailand CEO Confidence Sinks to Three-Year Low, PwC Survey Shows

Thailand CEO confidence PwC survey findings show sentiment has fallen to its weakest level in three years, with only 24% of chief executives expressing strong confidence in revenue growth this year, down from 47% in 2023. PwC Thailand said business confidence was weighed down by economic uncertainty, geopolitical tensions, rising costs, cyber risks and rapid technological change. Only 34% of Thai CEOs expect the domestic economy to improve this year, below the 55% global aver

ECONOMY

8 hours ago

Family Offices Back Circulate Capital’s Asia Recycling Fund at USD220m First Close

Family offices Asia recycling fund backing helped Circulate Capital secure a USD220m first close for Circulate Capital Asia II, giving the Singapore-based investment manager more than 70% of its USD300m target for a vehicle focused on scaling circular supply chains and recycling businesses across South and Southeast Asia. Backers include Builders Vision, Stella, Clotho Family Office, Wire Group and Fondation Prince Albert II de Monaco. The first close exceeds Circulate Capita

FAMILY OFFICES

1 day ago

Taiwan China Exposure Reduction Reaches 13.4% in February

Taiwan China exposure reduction deepened in February as Taiwanese financial institutions’ aggregate exposure to China fell 13.44% year-on-year to NTD781.26bn(USD24.44bn), according to Financial Supervisory Commission data. The ratio of China exposure to combined net worth declined to 14.7% from 18% a year earlier. Banks accounted for the largest drop, with exposure down 13% to NTD723.68bn, reflecting concern over China’s slowing economy, local government debt and property mar

ASSET MANAGEMENT

1 day ago

Danantara Asset Manager Acquisition Pushes Indonesia Fund Consolidation

Danantara asset manager acquisition plans are moving ahead as Indonesia’s sovereign wealth fund agreed to buy controlling stakes in four affiliated fund managers for about IDR2.7tr(USD159m). Through PT Danantara Asset Management, the fund signed deals on April 1 to acquire BRI Manajemen Investasi, Mandiri Manajemen Investasi, BNI Asset Management and PNM Investment Management, according to stock exchange disclosures. The transactions would give Danantara majority or near-full

ASSET MANAGEMENT

1 day ago

VIDEO RECAP
w/e 02nd April 2026

EVENTS

INSIGHTS

INTERVIEW: Shield Xiao Dun | 17EdTech

Wealth Office

PEOPLE MOVES

Ba Shusong Hong Kong Absence Raises Questions Around Former HKEX Economist

Mar 30

Singapore Family Offices Face Talent Risks as Pay Opacity Persists

Mar 26

Hong Kong Wealth Legacy Academy Adds Board Members to Deepen Family Office Push

Mar 24

SMBC Names New Philippines Corporate Banking Head Amid Growth Push

Mar 18

FNZ Appoints Peter Hiom as Asia Pacific Head to Drive Wealth Platform Growth

Mar 16

Standard Chartered Expands Asia Digital Assets Strategy With Karby Leggett Appointment

Mar 10

WRISE Expands Family Wealth Push With New Taipei Client Centre

Feb 19

Bank of Singapore Hires Alts Veteran to Deepen UHNW Offering

Feb 17

UBS Hong Kong Wealth Hiring Targets 50 Bankers After Record North Asia Year

Feb 11

Macquarie Asset Management Asia Wealth Expansion Targets Family Office and Private Bank Demand

Feb 10

Hong Kong Family Office Full Vision Leads USD300m EnerVenue Round

Full Vision EnerVenue investment has led a USD300m Series B+ preferred stock financing round in US energy storage firm EnerVenue Holding, backing the battery maker it originally incubated as it expands manufacturing and commercial operations. The investment brings California-based EnerVenue’s total funding to USD445m. The company develops aqueous metal cell batteries for long-duration grid storage, a technology adapted from aerospace applications. Proceeds will support resear

FAMILY OFFICES

3 days ago

Thailand Taps Family-Run Retail Giants to Ease Cost-of-Living Pressure

Thailand cost of living policy is leaning on its biggest family-controlled conglomerates to help curb living costs, with retailers tied to the Chearavanont, Chirathivat and Charoen Sirivadhanabhakdi families agreeing to sell house-brand food, toiletries and other essentials at discounts of 25% to 50% under a government-backed Thais Helping Thais campaign. Prime Minister Anutin Charnvirakul launched the programme as his new administration seeks to shield households from risin

ECONOMY

3 days ago

APAC Digital Wallets Dominate Global Payments, Report Says

APAC digital wallets payments remain dominant globally, with digital wallets accounting for 77% of online spend worth USD2.7tr and 63% of in-person transactions worth USD6.3tr in 2025, according to a report by Global Payments. Adoption is broad-based, led by India and South Korea, while Southeast Asia is seeing rapid growth in account-to-account payments supported by national systems such as PromptPay and PayNow. Thailand has emerged as a leading A2A market, while Singapore r

ASSET MANAGEMENT

3 days ago

Asia Family Offices Turn Cautious in 2025, Favouring Cash

Asia family offices turned more cautious in 2025, with expected average portfolio returns falling to 6% from the 10% respondents had anticipated in 2024, as market volatility and concerns over US tariffs and fiscal policy clouded the outlook, according to Campden Wealth and BNP Paribas Wealth Management. Cash was seen as the most rewarding asset class over the next 12 months, while private markets still made up 24% of average portfolios, second only to public equities at 27%.

FAMILY OFFICES

6 days ago

Family Office-Backed Circulate Capital Raises USD220m for Asia Fund

Circulate Capital Asia fund has raised USD220m for the first close of its second Asia vehicle, defying a broader pullback in ESG investing. Singapore-based Circulate Capital said the first close of Asia Fund II brings total assets under management to USD480m. Backers include Builders Vision, the family office founded by a grandson of Walmart founder Sam Walton, alongside existing corporate investors such as Coca-Cola and new institutional backers, including the Emerging Marke

PRIVATE EQUITY

6 days ago

Hong Kong Posts HKD62.6bn Fiscal Surplus in First 11 Months

Hong Kong fiscal surplus reached HKD62.6bn(USD8.0bn) in the first 11 months of its 2025/26 financial year, helped by bond issuance, government data showed, keeping the city on track for its first full-year surplus since 2021/22. Expenditure for April 2025 to February 2026 totalled HKD691.5bn, while revenue reached HKD654.8bn, according to the Information Services Department. After accounting for HKD148.9bn raised from government bonds and HKD49.6bn in bond repayments, fiscal

ECONOMY

6 days ago

ALL NEWS

TOP NEWS

Family Offices March Dealmaking Slows as Iran Conflict Rattles Markets

Building Structured Next-Gen Pathways

External Asset Managers Gain Ground in Singapore Wealth Market

South Korea Crypto Acquisitions Rise as Securities Firms Seek Growth

Thailand CEO Confidence Sinks to Three-Year Low, PwC Survey Shows

Family Offices Back Circulate Capital’s Asia Recycling Fund at USD220m First Close

Taiwan China Exposure Reduction Reaches 13.4% in February

Danantara Asset Manager Acquisition Pushes Indonesia Fund Consolidation

VIDEO RECAP w/e 02nd April 2026

EVENTS

INSIGHTS

PEOPLE MOVES

Ba Shusong Hong Kong Absence Raises Questions Around Former HKEX Economist

Singapore Family Offices Face Talent Risks as Pay Opacity Persists

Hong Kong Wealth Legacy Academy Adds Board Members to Deepen Family Office Push

SMBC Names New Philippines Corporate Banking Head Amid Growth Push

FNZ Appoints Peter Hiom as Asia Pacific Head to Drive Wealth Platform Growth

Standard Chartered Expands Asia Digital Assets Strategy With Karby Leggett Appointment

WRISE Expands Family Wealth Push With New Taipei Client Centre

Bank of Singapore Hires Alts Veteran to Deepen UHNW Offering

UBS Hong Kong Wealth Hiring Targets 50 Bankers After Record North Asia Year

Macquarie Asset Management Asia Wealth Expansion Targets Family Office and Private Bank Demand

Hong Kong Family Office Full Vision Leads USD300m EnerVenue Round

Thailand Taps Family-Run Retail Giants to Ease Cost-of-Living Pressure

APAC Digital Wallets Dominate Global Payments, Report Says

Asia Family Offices Turn Cautious in 2025, Favouring Cash

Family Office-Backed Circulate Capital Raises USD220m for Asia Fund

Hong Kong Posts HKD62.6bn Fiscal Surplus in First 11 Months

VIDEO RECAP
w/e 02nd April 2026