There has been a noticeable rise in requests to move assets back to Asia, particularly Singapore.
Ongoing tensions in the Gulf are challenging Dubai’s reputation as a stable haven for global wealth, leading some Asian family offices to question its role as a neutral base for holding assets.
A network of more than 400 family offices and a venture backed by hedge fund billionaire Paul Tudor Jones are partnering to help simplify deal-making for the ultra-wealthy.
Family offices have been bullish on the Indian startup ecosystem for quite some time and they feel the COVID-19 crisis will allow them to put patient capital into companies with strong business models.
Nonprofit Ogen social bank seeks to fill gap with philanthropy-backed loans, but much more is needed to battle financial squeeze caused by pandemic
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