Dubai emerges as new destination for Asian family offices
As Singapore fights money laundering and other malfeasance, Dubai is rapidly attracting new types of family offices, experts said.
The emirate of Dubai is attracting more Asian family offices looking to set up base and diversify investments, even as Singapore and Hong Kong battle it out to become the region's top family office destination.
Singapore has been a clear leader in the region in attracting family offices from across the region over the past few years; however, demand could slacken in 2024 amid greater regulatory scrutiny.
“The Monetary Authority of Singapore (MAS) has taken a proactive stance and…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.