Family Office
NEWS
Where Billionaire Family Offices Placed Their AI Bets in November
Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.
Mar
24
Hong Kong Set to Surpass Family Office Target: Treasury Chief
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 […]
Mar
21
Ethical Investing on the Rise: Aussie Family Offices Lead the Charge in Sustainability
Family offices are rapidly gaining ground across the Asia-Pacific region—particularly in Australia—where they’re now playing a key role in driving sustainable investments. According to KPMG, Asia-Pacific hosts about 10% of global family offices, with Singapore leading the region. Australia, meanwhile, has seen a surge in newly formed family offices—60% of its 2,000 offices have been […]
Mar
19
Singapore Family Office Caught in $55M Fraud Scandal
A wealthy Chinese businessman has accused former employees of his Singapore-based family office of misappropriating millions, adding to concerns about the city-state’s wealth management sector following a major money laundering case. Zhong Renhai, an ultra-high-net-worth individual, alleged that staff at his Panda Enterprise family office and affiliated firm Lee Fung International (LFI) siphoned off 74 […]
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