Ultra-high-net-worth families are rebalancing up to 15–20% of their portfolios and accelerating structural changes to their wealth arrangements as geopolitical tensions and an energy market shock reshape the global economic landscape, according to wealth managers. The shift, triggered in part by disruptions to oil supply through the Strait of Hormuz and rising inflation expectations, is … Read more
Singapore’s DBS Group is seeing rising interest from wealthy clients in Europe and the US seeking investment, wealth management and family office options in Asia as they look to protect portfolios against prolonged market volatility, Bloomberg reported, citing remarks by Joseph Poon, the bank’s head of private banking. Some of these clients are looking to … Read more
Family offices are increasingly deploying capital into Singapore real estate as improving financing conditions and stable asset fundamentals drive an expected rebound in deal activity, with Savills projecting investment sales could reach as much as $40 billion in 2026. The property consultancy raised its forecast for the year to $35 billion–$40 billion, from an earlier … Read more
Praxis has strengthened its leadership team in Asia with the appointment of Tom Zierer as Senior Executive Director and the promotion of Cindy Cheng to Regional Head of Growth and Business Development Asia, according to announcement. The move is aimed at deepening its support for family offices, international families, and corporate clients navigating increasingly complex cross-border … Read more
Joe Tsai’s family office has doubled down on Asian sports, leading a Series A round in the Asian University Basketball League (AUBL) as wealthy backers increasingly look at sports properties as a long-term growth and brand-building play. Blue Pool Capital, the Hong Kong-based investment firm that manages the Alibaba co-founder’s family wealth, led the round … Read more
KGI Financial Holding has launched its first overseas banking branch in Hong Kong, deepening its push into cross-border finance and positioning itself to serve Asia’s growing family office and high-net-worth client base.
The Taipei-based firm opened the new KGI Bank branch at Three Pacific Place in Admiralty, marking a milestone in its strategy to become a pan-Asian financial services provider.
IQ-EQ, a global investor services firm backed by private equity firm Astorg, has acquired Gordian Capital, Asia’s largest institutional cross-border fund platform, in a deal that boosts its reach across Asia-Pacific and strengthens its capabilities in serving global asset managers, sovereign wealth funds, development finance institutions, and notably, family offices.
The acquisition, which has secured regulatory approvals from the Monetary Authority of Singapore and the Hong Kong Securities and Futures Commission, positions IQ-EQ as a market leader in the region’s fund platform sector.