A range of governmental and regulatory initiatives this year aim to develop Hong Kong as a family office hub.
Tag: Family Offices
Asian families focus on the “S” in ESG
Impact investments made by wealthy families in the region have often been focused on improving poverty, according to Singapore-based multi-family office Maitri AM.
MAS creates skills map for FO advisers
The regulator believes that FO advisory roles will expand private banking relationship managers’ career paths.
FO expansion plans in Asia not hindered by pandemic
Separately, relationship managers are cautioned from joining another firm in the current market environment, according to a recruitment firm.
Chinese FOs gain traction
China’s rapid economic growth has led to the emergence of family offices in the country, but AUM is still lagging the rest of the world, according to a UBS WM report.
New OCIO firm bets on family office trend
Singapore’s Purple Asset Management aims to grow to $1bn in AUM by 2021, but it’s never easy for a newcomer and competition is strong.
Report: Asia’s FOs shaped by next generation
Regulations are also pushing family offices to adopt global best practices and hire professional management.
UBS report: Apac family offices post best returns
They are also embracing sustainable investing and putting succession plans in place, according to UBS’s latest Global Family Office Report.
Bold expansion plans for HK family office
Raffles Family Office expects to grow AUM to $10bn and double headcount to 100 in the next two years.
APAC family office returns strongest among peers
Family offices in Asia-Pacific recorded the highest average return globally in 2017 at 16.4%, followed by North America (15.9%), according to UBS and Campden Wealth’s global family office report.
