

Global family office market to double by 2032
The global family office market is projected to grow from USD27.2bn in 2022 to USD54.7bn by 2032, driven by rising wealth and complex...
1 day ago


Hong Kong set to exceed family office target
Hong Kong is on track to surpass its target of attracting over 200 large family offices by year-end, Secretary for Financial Services and...
2 days ago


Hong Kong to host wealth summit amid global push
Hong Kong will host the third Wealth for Good in Hong Kong Summit on March 26, highlighting its role as a global wealth management hub....
2 days ago


Hong Kong's low tax regime, good education attract family offices
Hong Kong’s low-tax regime, capital market depth, and Greater Bay Area links give it an edge over rivals like Singapore and Tokyo,...
3 days ago


Malaysia set to boost capital market through family offices
Malaysia is strengthening its capital markets through policies supporting family offices, the Securities Commission (SC) said in its 2024...
5 days ago


Citi launches philanthropy solutions for Asia’s ultra-rich
Citi Private Bank has launched new philanthropy advisory solutions in Asia, starting in Singapore, to support ultra-high-net-worth...
6 days ago

Macau to host exclusive family office summit in May
BEYOND Expo will host the BEYOND Wealth Summit 2025 on May 23-24 in Macau, in partnership with the Asian Family Legacy Foundation (AFLF)...
Mar 21


Cheng family eyes luxury expansion with Louis Vuitton megastore
Billionaire Cheng family’s New World Development is in talks with Louis Vuitton to open a 40,000-square-foot megastore at its K11 Musea...
Mar 20


Chinese tycoon’s family office sues over USD55m fraud
A Singapore court has ordered a global freeze on assets linked to four former employees accused of misappropriating SGD74m (USD55.5m)...
Mar 20


Hong Kong to host third wealth summit
Hong Kong will host its third wealth summit on March 26, focusing on artificial intelligence, cultural innovation, and wealth management,...
Mar 19


Nomura expands wealth team in Singapore, Dubai
Nomura Holdings is expanding its wealth management team in Singapore and Dubai after the unit turned profitable 18 months ahead of...
Mar 18


Lo family donates USD12.9m to expand CUHK Art Museum
The Lo Kwee Seong Foundation has donated HKD100m (USD12.9m) to expand the Chinese University of Hong Kong’s art museum, reinforcing the...
Mar 13


UAE family office backs BYD’s USD5.6bn share sale
UAE’s Al-Futtaim Family Office participated as a strategic investor in BYD Co.’s HKD43.5bn (USD5.6bn) share sale, Hong Kong’s largest in...
Mar 12


Family offices face hurdles in Singapore’s revised residency scheme
Wealthy individuals setting up family offices in Singapore through the Global Investor Programme (GIP) face new challenges as authorities...
Mar 11


Singapore’s UOB family undergoes historic wealth transfer
Singapore’s UOB family has completed a historic wealth transfer following the passing of patriarch Wee Cho Yaw, with heirs gaining...
Mar 11


New GIP rules raise bar for family offices in Singapore
Singapore’s revised Global Investor Programme (GIP) could pose challenges for wealthy individuals setting up family offices, as new rules...
Mar 10

Family offices mulls increase in real estate allocation
Nearly half of family offices plan to increase real estate allocations, focusing on residential and industrial sectors, according to...
Mar 10


Hong Kong proposes tax perks for family offices in 2025-26 budget
Hong Kong’s 2025-26 budget proposes enhanced tax incentives for single-family offices, expanding eligible assets for preferential tax...
Mar 7


Investment firms expand private wealth teams in Asia
Investment firms are accelerating private wealth hires across Asia in 2025, reinforcing the region’s growing role as a global wealth...
Mar 6


Standard Chartered opens sixth wealth centre in Hong Kong
Standard Chartered plans to open its sixth cross-border wealth management centre in Hong Kong as part of its strategy to attract...
Mar 4