The skyline of Singapore’s financial district as seen from the Marina Bay area. The city state is capitalising on its status as a regional financial hub by offering incentives to lure family offices. Photo: AP
The skyline of Singapore’s financial district as seen from the Marina Bay area. The city state is capitalising on its status as a regional financial hub by offering incentives to lure family offices. Photo: AP
Singapore

For Asia’s super-rich, Singapore family offices keep the wealth churning – but Hong Kong wants a piece of the pie too

  • James Dyson and the couple behind hotpot chain Haidilao are among those who have set up units in the city state to safeguard their family fortunes
  • Hong Kong also aims to become a hub for family offices, eyeing the almost US$2 trillion in wealth set to change hands in Asia over the next decade

The skyline of Singapore’s financial district as seen from the Marina Bay area. The city state is capitalising on its status as a regional financial hub by offering incentives to lure family offices. Photo: AP
The skyline of Singapore’s financial district as seen from the Marina Bay area. The city state is capitalising on its status as a regional financial hub by offering incentives to lure family offices. Photo: AP
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