Alternative assets and ESG investing are gaining traction among younger Asian wealth generations and insurers are evolving their offerings to meet changing preferences and prepare for Asia's $2.5 trillion wealth transfer.
Family Offices
New tax concessions and virtual asset initiatives aim to strengthen Hong Kong's position as it competes with Singapore for dominance in global wealth management.
Singapore unveils $3.7 billion boost for fund managers to revive stock market;
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence; AustralianSuper fined $17.3 million for duplicate fees; and more.
.jpg&c=1&h=194&q=100&v=20253307&w=344)
Lensbridge Capital CEO LN Sadani reveals his disciplined approach to wealth preservation, combining private equity expertise with strategic market allocation while avoiding investment fads.
Rising costs and shifting trade patterns force Thailand's manufacturing evolution while Vietnam emerges as the new low-cost production hub of Southeast Asia
As private market investments gain popularity among family offices in Asia, forging deals with other peers is increasingly favoured over outsourcing to fund managers, according to Iu-Jin Ong, co-founder of the single-family office Augventive in Hong Kong.
Singapore-based Rumah Group is pioneering ocean investments through a dual strategy of patient capital and flexible financing, targeting SMEs in Southeast Asia with sustainable business models.
The Karan Thapar family office invests directly in private equity to align with its core businesses, focusing on mature companies. The Indian family office is also open to private equity funds that invest in international markets, particularly in sectors like deep tech.
Institutional investment appetite remains for quality deals but deployment is becoming more circumspect as refinancing challenges and market uncertainty take hold.
The family office of India’s Thermax Group is looking at a staggered increase in the allocation to Indian equities, citing unique growth opportunities and favourable valuations compared to developed global markets.
With its Islamic finance leadership, prime location for accessing Southeast Asian markets, and 20-year tax exemptions, Malaysia is mounting a serious challenge to established family office hubs like Singapore and Hong Kong.
The number of single family offices in Singapore is expected to rise after growing 21 per cent last year amid high cost and a tightening of its anti-money-laundering regime.