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Family offices

Family offices
Family offices are corporations established by wealthy individuals or families to pursue investment, philanthropy and succession planning. Hong Kong has more than 2,700 single-family offices, with each managing between US$10 million and US$100 million. The Hong Kong government has announced tax incentives and investment migration schemes to attract such corporations in an effort to turn the city into a regional hub.
The 10 asset managers appointed span venture capital, private equity, private credit and hedge funds. Photo: Sun Yeung
Banking & finance

Hong Kong taps Value Partners, 9 others to manage US$385 million residency fund

Government investment arm HKIC also names Primavera among managers of CIES IP, which focuses on Hong Kong’s long-term development.

Hong Kong property

Hong Kong and Singapore prime office rents set to equalise by 2027: CBRE

Banking & finance

Opinion | Hong Kong, Singapore, Dubai: the rise of the ‘family office triangle’

Banking & finance

Adams Street joins wave of investment firms opening in Hong Kong

‘We want to be closer to both our investors and the investment opportunities that are presenting themselves here,’ managing partner says.

Tourists take in the view of Hong Kong from The Peak on June 21, 2025. Photo: Eugene Lee
Wealth management

Hong Kong’s allure for rich families rises amid mainland China’s EV, AI growth

More family offices in Asia, Europe and Middle East see city’s value as link to mainland investments, founder of Swiss firm Club Estate says.

videocam
Banking & finance

Exclusive | Standard Chartered tailors UAE offerings for wealthy Chinese residents

The United Arab Emirates is a growing hub for people who come to work, set up family offices and start businesses, bank’s wealth CEO says.

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Millionaires and billionaires

Hong Kong leader John Lee to speak at family business summit

Third annual event curated by the Post and Blue Pool Capital, presented by UBS, features speakers from governments to Wall Street to the NBA.

(Left to right): SCMP’s Executive Managing Editor Zuraidah Ibrahim, Editor-in-Chief Tammy Tam, Singapore’s former foreign minister George Yeo, Alibaba Group Holding’s chairman Joe Tsai, SCMP’s CEO Catherine So, at the 2025 Family Business Summit in Hong Kong. Photo: SCMP
Wealth management

Hong Kong roars ahead as top wealth hub, overtaking Singapore

Nearly 45 per cent of top global private banks say their affluent clients prefer Hong Kong over other wealth management centres: PWMA report.

Wealth management

Exclusive | China’s wealthy flock to Hong Kong for global investments, banker says

China Citic Bank International invests in new private banking centre as cross-border wealth customers triple, Wendy Yuen says.

Wealth management

Ultra-rich families focus on impact ‘across generations’ in legacy planning

Family offices at Standard Chartered forum in Dubai concerned with geopolitical instabilities, digital disruptions and social changes.

A night view of yachts in Dubai Marina. Photo: Shutterstock
Wealth management

Hong Kong family offices launch US$100 million fund to tap global investors

Hong Kong strives to draw high-net-worth individuals from Europe, Asia and the Middle East to establish family offices in the city.

Five local family offices are jointly launching a US$100 million fund called Inspira. Photo: Sam Tsang
Banking & finance

Hong Kong and Singapore are Asia’s twin hubs for family offices: Julius Baer

Real estate and private investment are favoured by family offices, while longevity is changing the thinking on wealth preservation.

Wealth management

Exclusive | Hong Kong sets sights on 220 new family offices in next growth phase

InvestHK launches ‘Family Office 2.0’ to lure global wealth hubs to Hong Kong as race steps up with Singapore.

Fintech

Hong Kong FinTech Week expects investment ‘action’, InvestHK says

The November event, held jointly with the StartmeupHK festival, is expected to attract more than 37,000 attendees and 700 exhibitors.

A scene from Hong Kong FinTech Week 2024. Photo: Matt Haldane
Banking & finance

Exclusive | Mainland Chinese financial firms seeking strategic Hong Kong base on the rise: Citigroup

Hong Kong is an ideal platform for mainland and international companies aiming to expand globally and pursue opportunities across Asia.

Mainland Chinese lenders and Citigroup Hong Kong are partners, not competitors, according to Citi Hong Kong CEO Aveline San. Photo: Edmond So
Wealth management

Hong Kong shapes policies to widen appeal to family offices, treasury chief says

Last month, the government achieved its previous target of facilitating 200 family offices to establish a presence in the city.

Art

Hong Kong’s latest art auctions see turnover lingering at 8-year low

Overall auction sales by Sotheby’s, Christie’s and Phillips reflected art market downturn since 2016, despite the sale of Asia’s most expensive Picasso.

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Banking & finance

Canada’s RBC BlueBay partners with Endowus to expand Asia presence

Partnership aims to provide specialist fixed-income strategies to investors in Hong Kong and Singapore via Endowus’ platform.

Investor diversification into private market opportunities has increased globally. Photo: Reuters
Banking & finance

London summit aims to revitalise city’s status as a hub for family offices

City of London’s Lord Mayor to host 100 family office executives in a bid to attract private capital and spur growth.

Donald Trump

Asia-Pacific family offices build portfolios resilient to tariff shocks: Citi

Most family offices in the region expect to see returns of over 5 per cent due to their proactive response to the tariff turmoil.

Banking & finance

Family offices to keep consistent allocations over next year: Goldman survey

Respondents to a Goldman Sachs survey say they are concerned about geopolitical tensions and protectionist trade policies.

People look across Victoria Harbour. Photo: Jelly Tse
Wealth management

Wealthy Asians turn to secondary private equity amid uncertainties

Rich individuals betting on bargains and cash flow are a new force in the US$210 billion market, fund managers say.

Hong Kong office and residential buildings are seen from The Peak on August 31, 2025. Photo: Sun Yeung
Wealth management

Citi’s Asia private bank ramps up hiring as capital inflows drive regional rally

Growing number of wealthy clients want to take advantage of market rallies and alternative investments like hedge funds and private equity.

ESG investing

Hong Kong emerges as hub for impact investments as family offices embrace ESG

Nine out of 10 family offices globally invest in ESG projects, a Sustainable Finance Initiative survey shows.

Wealth: Family Offices

More than family: further growth may require hiring external experts

The family office sector in Hong Kong is buoyant, but industry reports suggest increased expertise in the multiple roles of wealth, governance and legacy are key to future success.

Supported by
BNP Paribas Wealth Management
Professional advisers from outside the family can bring knowledge and a fresh point of view to help family members make better investment decisions. Photo: Getty Images
Wealth: Family Offices

Family offices look for ways to measure philanthropy’s impacts

Hong Kong’s experts cite a growing number of organisations dedicated to helping investors measure the gains of philanthropy.

Supported by
BNP Paribas Wealth Management
Family offices interested in philanthropy are seeking ways to measure their gains, with the likes of the Global Impact Investing Network (GIIN) offering useful tools and running forums, such as this one in Amsterdam in 2024. Photo: Handout
Wealth management

Exclusive | Goldman Sachs highlights legacy planning amid huge generational wealth transfer

For family-owned firms in Asia-Pacific, legacy planning is crucial to ensure business sustainability, US bank’s Carra Cote-Ackah says.

Wealth management

Hong Kong’s booming wealth sector to lead hiring and office expansion, HKMA says

Major private banks managed 14 per cent more assets in the first half and hired over 400 bankers in the last two years, HKMA’s Eddie Yue says.

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