The United Arab Emirates is quickly becoming one of the world’s top destinations for family offices, with tax incentives, pro-crypto regulations, and streamlined business processes drawing ultra-wealthy individuals from around the globe.
Owen Jenkins, HSBC’s global head of discretionary portfolio management, has left the bank to establish his own family office. Jenkins, who spent nearly 12 years at HSBC, served as global head of discretionary portfolio management within the private banking division for the past three years. Interim Leadership in PlaceSai Tampi, HSBC’s global head of funds, […]
As the global wealth landscape undergoes a major shift with significant intergenerational transfers, family offices are increasingly looking beyond borders for opportunities. In the Asia-Pacific region alone, a staggering US$5.8 trillion is projected to transition between generations of UHNW and HNW families by 2030, according to McKinsey. Singapore, in particular, has solidified its status as […]
The Secretary for Financial Services and the Treasury, Christopher Hui, said on Monday that Hong Kong is on track to exceed its goal of attracting over 200 major family offices by year-end—a target set in Chief Executive John Lee’s 2022 Policy Address to boost the city’s position as a global wealth management hub. In a […]
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