An office building in Hong Kong’s Central business district. Family offices in the city say they face challenges in getting advice from wealth management advisers, finding quality investment targets, conducting due diligence and measuring project impact. Photo: Roy Issa

Steep learning curve for Hong Kong millennials who expect their family wealth to do more than just make money

  • Must shift previous generation’s bottom line focused mindset to a more holistic approach, third-generation wealth owner and manager says
  • Amid ‘impact washing’, firms must review what’s being done rather than what’s being claimed, impact investor says
Topic |   Investing

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An office building in Hong Kong’s Central business district. Family offices in the city say they face challenges in getting advice from wealth management advisers, finding quality investment targets, conducting due diligence and measuring project impact. Photo: Roy Issa
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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.