Bank of Singapore has strengthened its family office advisory leadership as ultra-wealthy clients step up succession and legacy planning amid a global wealth transfer cycle, underscoring intensifying competition among private banks for high-value relationships in Asia. The private banking arm of OCBC Group said Elvin Ho will join on May 4 as head of family … Read more
Hong Kong is drawing fresh interest from global family offices, with about 160 preparing to set up or expand in the city, Financial Services and the Treasury Secretary Christopher Hui said, as geopolitical tensions prompt wealthy investors to look for stability and diversification in Asia. Hui said enquiries and site visits from family offices around … Read more
Chinese crypto billionaire Li Lin is moving part of his family office’s trading operations into a Hong Kong-listed firm he controls, in a bid to scale digital asset strategies and tap institutional capital, according to Reuters. Hong Kong-listed wealth manager Bitfire Group said it will acquire a trading system and investment team from Avenir Group, … Read more
Global family offices have joined Bybit in backing Malaysia-based digital asset exchange Hata in an $8 million Series A round, in a sign that wealth capital is starting to look more closely at regulated crypto infrastructure in Southeast Asia. The round was led by Bybit, which said the investment deepens an existing relationship with Hata … Read more
High-net-worth investors are continuing to deploy capital into Asia and alternative assets even as retail investors globally retreat to cash amid geopolitical uncertainty, according to Schroders CEO Richard Oldfield, as reported by the South China Morning Post. The divergence in investor behaviour emerged in March, when rising tensions in the Middle East, triggering a spike … Read more
China Investment Corporation, Indonesia Investment Authority, and State Oil Fund of the Republic of Azerbaijan have jointly launched a $1 billion private equity platform aimed at capturing long-term investment opportunities across the China–ASEAN corridor. The Galaxy Orientis China–ASEAN Investment Platform (CAIP) has reached a first close of about $520 million and is targeting a final … Read more
Global asset managers are stepping up their presence in the Middle East to tap rising allocations from family offices and sovereign wealth funds, as capital flows increasingly shift toward private markets. Barings said it has opened an office in Abu Dhabi, marking its second location in the Gulf after launching in Dubai in 2024, as … Read more
Malaysia is positioning its Forest City Special Financial Zone (SFZ) as a lower-cost alternative to Singapore for family offices, as rising costs in the city-state prompt wealth managers to explore secondary bases in Southeast Asia. Launched in September 2024 within the Johor-Singapore Special Economic Zone, the SFZ offers targeted incentives aimed at attracting single family … Read more
Wealth technology firm Addepar has opened a Singapore office as its Asia-Pacific hub, expanding its push into a region where family offices and investment firms are scaling rapidly and demanding more sophisticated data and reporting tools. Located at Marina Bay Financial Centre, the office will house research and development and go-to-market teams, bringing the company … Read more
Asia’s family offices invested US$24.3 billion into global AI private rounds in 2025, nearly three times the previous year, with a further US$950 million committed in early 2026, Bloomberg reported citing PitchBook data. Despite robust appetite for names like SpaceX, OpenAI and Anthropic, soaring US valuations are prompting some investors to look closer to home. … Read more