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
This Week in Asia /  Economics

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

Kok Xinghui
Kok Xinghui in Singapore

Updated: 8:00am, 21 Nov, 2020

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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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