Family offices in Asia, particularly in Singapore, are showing a significant and growing interest in investing in artificial intelligence. According to LH Koh, a managing director at UBS, their clients consider AI to be a leading sector for investment due to its potential and importance. This enthusiasm is expected to continue, with a UBS survey indicating that a large majority of these family offices plan to invest in generative AI within the next few years.
Tuck Meng Yee from JRT Partners, another family office, agrees with this perspective and is particularly interested in the data classification aspects of AI.
There is also the increasing appeal of China’s AI market. The emergence of companies like DeepSeek is seen as a sign of China’s growing strength in this field, even with limited resources. UBS’ LH Koh also notes a renewed excitement among investors regarding the potential of China’s AI sector.
While investor interest in China had previously declined due to economic concerns, recent government stimulus efforts to boost the economy and technology sector have led to a change. Srihari Kumar of LionRock Capital mentions that family offices are increasingly looking to reinvest in China, including its AI space. He himself is shifting his investment strategy to focus more on opportunities in China’s public markets and technology sector, including AI.
