https://www.scmp.com/rss/522533/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Josiah Ng Josiah Ng Hong Kong’s family office sector is undergoing a transformation, moving beyond a period of expansion to embrace a new era of professionalism. This shift is seeing a growing number of wealthy families bringing in external specialists to not only manage their assets but also to navigate the complex dynamics of family governance and legacy. A March 2024 estimate by Deloitte indicated a total of 2,703 family offices operating in the city, with a substantial 885 of these managing assets of US$100... https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322832/family-offices-seek-external-specialists-help-professionalise?utm_source=rss_feed https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322832/family-offices-seek-external-specialists-help-professionalise?utm_source=rss_feed Tue, 26 Aug 2025 00:00:08 +0000 Ellis Ng Ellis Ng Family offices are expanding their real estate holdings in Hong Kong as global economic shifts and market reforms enhance the city’s appeal as a leading investment destination. Hong Kong remains a prominent wealth hub and has more than 2,700 single-family offices, according to a 2024 Deloitte study. In a 2025 report by Altrata, the city ranks third globally in terms of the number of ultra-high-net-worth (UHNW) individuals, defined as those with over US$30 million in assets. “Hong Kong’s property... https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322829/investors-flock-local-real-estate-amid-global-downturn?utm_source=rss_feed https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322829/investors-flock-local-real-estate-amid-global-downturn?utm_source=rss_feed Mon, 25 Aug 2025 23:00:09 +0000 John Cremer John Cremer It is clear that a priority for many family offices and wealth managers worldwide is to invest in companies with a strong commitment to ESG (environmental, social and governance) principles. A 2024 PwC global study on family office deals found that in early 2022, “impact” investments surpassed more traditional choices for the first time, and have stayed above the 50 per cent mark since. For the year to June 2024, the number of deals in renewable energy and sustainable agriculture combined was... https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322806/rise-esg-investing-hong-kong-prompts-improved-reporting-standards?utm_source=rss_feed https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322806/rise-esg-investing-hong-kong-prompts-improved-reporting-standards?utm_source=rss_feed Mon, 25 Aug 2025 22:00:08 +0000 Peter Shadbolt Peter Shadbolt As philanthropy matures across Asia, high-net-worth donors in Hong Kong are increasingly focused not only on where their money goes, but on what impact it can have there. However, in contrast to the measurable returns of a traditional investment portfolio, philanthropic impacts are often slow to show and complex to quantify. From mental health to biodiversity protection and climate resilience, many causes now require donors to move beyond straightforward metrics to a rethink of what “impact” can... https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322802/family-offices-weigh-benefits-philanthropy?utm_source=rss_feed https://www.scmp.com/specialist-publications/special-reports/topics/wealth-family-offices/article/3322802/family-offices-weigh-benefits-philanthropy?utm_source=rss_feed Mon, 25 Aug 2025 21:00:09 +0000