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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 city-state offers tailored structures and tax incentives, attracting a significant number of family offices and professionals. Currently, Singapore hosts 56% of Asia’s family offices, driven by proactive policies and rising regional wealth. The demand for family office CEOs is increasing, prompting the need for competitive talent strategies. Despite potential challenges in finding suitable candidates, Asia boasts a robust pool of professionals with 36% having investment management and 27% banking backgrounds. Over half hold a master’s degree, and 31% are family members, highlighting the specialised nature of these roles.

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