Bank of Singapore strengthens family office team as UHNW succession demand rises

Bank of Singapore

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

Addepar sets up Singapore hub to tap Asia’s growing family office market

Addepar

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 poured $24b into AI private rounds in 2025, with more to come

Family Office AI

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

Volatility drives global family offices toward Asia, DBS says

DBS Singapore

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 office money backs Singapore’s $40b property comeback

Savills Singapore

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