Despite a volatile period for technology investments in 2023, some single-family offices based in Hong Kong and Singapore are committed to investing in Web 3.0, albeit with caution.
Two single family offices in Hong Kong plan to increase investments in hotels in Southeast Asia and Southern Europe in 2024, as they bet on the post-pandemic revenge travel boom continuing globally.
As the climate emergency escalates, this relatively new ground of nature-based solutions is rapidly attracting the interest of family offices and institutional investors.
Venture capital investors in Asia-Pacific have been dialing back on their climate tech investments amid a broad funding crunch. But experts say that trend is unlikely to last long-term.
Family offices in Singapore are increasingly being forced to share operational resources or merge with other family offices, amid rising cost and regulatory pressures.
Hong Kong-based NF Trinity is looking to expand its public and private investment capabilities, with new hires from several institutions including the Ontario Teachers' Pension Plan, PAG, and Goldman Sachs.
The family office industry in Hong Kong expects the government's newly established dedicated institute, the Hong Kong Academy for Wealth Legacy, to nurture future gatekeepers as the region’s wealth transforms.
Sun Life AM HK appoints new CIO; Amundi's HK CEO steps down; Mirae Asset's HK-based CIO leaves; BNP Paribas AM names new HK CEO; Prime Super seeks new CEO; GenZero adds to board; and more.
Top executives at Hong Kong family offices said the scale of local capital markets and government incentives outweigh geopolitical concerns, pointing to the city's role as a gateway to China and a middle ground between the US and Europe.