Asia’s richest families and investment firms are increasingly taking ownership stakes in sports businesses rather than simply sponsoring teams or events, reflecting growing confidence in the sector’s long-term investment potential.
An investment partnership between Ray Dalio’s family office and Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan has been postponed due to Bridgewater Associates dealing with the legal complexities of Dalio’s exit from the firm. Concerns have arisen over whether Dalio might use Bridgewater’s intellectual property in the new partnership, according to sources familiar […]
The Monetary Authority of Singapore (MAS) plans to eliminate the backlog of family office tax incentive applications by the end of the year, aiming for wait times to drop to around three months by early 2025. Despite increased scrutiny following a $2.2 billion money laundering scandal, wealth inflows continue to rise, with assets growing about […]
After generating considerable excitement, Sheikh Ali Rashed Ali Saeed Al Maktoum has announced that he will not be establishing a family office in Hong Kong in the near future. The Dubai-based family office, which was originally scheduled to open in March, has now put these plans on hold indefinitely. This update was reported by the […]
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