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Sep 10, 2024
Hong Kong to boost philanthropy among wealthy family offices
Hong Kong Chief Executive John Lee Ka-chiu announced plans to transform Hong Kong into a major philanthropic hub. Speaking at the Hong...
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Sep 6, 2024
Deloitte: Family offices to dominate with USD9.5tr by 2030
Family offices globally are experiencing substantial growth, with total wealth projected to surge from USD5.5tr to USD9.5tr by 2030, a...
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Sep 4, 2024
Wealthy in China turn to stocks as collateral amid liquidity crunch
Amid liquidity challenges, affluent individuals in Hong Kong and mainland China are increasingly utilising private lending services,...
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Sep 3, 2024
Christopher Cheng named co-CEO in HK family office shake-up
Hong Kong billionaire Henry Cheng’s family office has appointed his son, Christopher Cheng, as co-chief executive, overseeing North Asia...
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Aug 29, 2024
China’s top billionaires lose USD16bn in stock rout
Record stock selloffs in China’s leading consumer companies wiped over USD16bn from the fortunes of the nation’s richest individuals,...
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Aug 22, 2024
Family offices drive private asset surge in SE Asia: Preqin
Southeast Asia-based limited partners (LPs), led by family offices, are increasingly allocating funds to private assets, according to a...
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Aug 20, 2024
Hong Kong bolsters wealth hub status with over 2,700 family offices
Hong Kong reported over 2,700 single-family offices last year, according to a Deloitte survey, marking a significant boost in its...
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Aug 19, 2024
Family offices shift from cash to bonds and stocks in Q2 2024
In the second quarter of 2024, global family offices reduced their cash holdings to increase investments in fixed income and equities,...
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Aug 15, 2024
Adrian Cheng predicts Hong Kong's wealth boom
Hong Kong is rapidly emerging as a top global financial center, attracting the world's wealthiest individuals. Adrian Cheng, CEO of New...
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Aug 12, 2024
E-commerce tycoon Colin Huang now China's wealthiest
Colin Huang, founder of PDD Holdings, has become China's richest man, with a net worth of USD48.6bn, according to the Bloomberg...
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Aug 12, 2024
Singapore’s MAS chooses EY for family office compliance
The Monetary Authority of Singapore (MAS) has appointed Ernst & Young Advisory Pte. Ltd. (EY) as one of six screening service providers...
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Aug 6, 2024
Knight Frank: Hong Kong rising as family office centre
Hong Kong is set to grow as a family office hub due to legislative changes and challenges in rival hubs, as highlighted by a Knight Frank...
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Aug 5, 2024
Family offices drive APAC hotel investment surge
Family offices are driving a surge in hotel investments in the Asia-Pacific region, with a 19% increase in transactions totaling USD5.7bn...
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Aug 2, 2024
Hong Kong firm expands its family office services amid real estate slump
Centaline Wealth Management, a subsidiary of Hong Kong’s Centaline Group, is expanding its family office services amid a real estate...
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Jul 30, 2024
APAC family offices embrace AI, alternative assets
Generative AI is expected to become the top investment theme for family offices in the next two to three years, with health tech and...
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Jul 22, 2024
Digital family office Arta Finance secures Singapore licence
Arta Finance, a digital family office with bases in Singapore and the US, has been granted a capital markets services licence by the...
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Jul 22, 2024
Indonesia plans to establish family offices to attract global wealth
Indonesia’s Chief Investment Minister Luhut Binsar Pandjaitan is finalising plans to establish family offices in the country before...
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Jul 19, 2024
Family offices launch USD100m fund for Hong Kong residency applicants
Hong Kong’s cash-for-residency scheme has spurred local family office operators to collaborate on launching a USD100 million fund...
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Jul 18, 2024
Singapore challenges London as top hub for family offices
Singapore is positioning itself as a strong rival to London as a hub for family offices, according to a report by KPMG and Agreus. The...
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Jul 16, 2024
Raffles Family Office names new group COO
Raffles Family Office has appointed Terence Chow as its new Group COO, effective July 2. Chow, based in Hong Kong, will oversee the...