Talent hunt intensifies as Singapore family offices top 1,100

Singapore’s family office boom is fuelling demand for all sorts of skilled professionals -- a trend that is set to continue in the medium term. Single family offices in the city-state jumped to 1,100 at the end of 2022, according to the government, up from 700 at the end of 2021. A government minister noted that at mid-March this year, there were at least 200 single family-office applicants waiting for approval to set up in Singapore. “There is likely to be a whole wave of dem…