Singapore’s financial district. Photo: AFP

How Asia’s new money is driving boom in ‘family offices’ in Hong Kong and Singapore, set up as one-stop shops for all wealth management needs

  • The family office is a relatively new concept in Asia, with less than 500 such entities, compared to thousands in the West
  • They offer a comprehensive solution to managing the wealth of the rich, including investments, charitable giving, taxation and wealth transfer
Topic |   Wealth management

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Singapore’s financial district. Photo: AFP
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