SGX’s new framework for Spacs will likely provide investors with a much-needed channel for direct deals, but the verdict is still out on whether it will bring liquidity to the bourse.
When it comes to family offices, the generations don't always see eye to eye. For the younger generation, ESG concerns and tech plays are beginning to predominate.
Under the Wealth Connect scheme launched on Friday, both mainland and Hong Kong markets are expecting higher capital flow between the two regions.
Credit Suisse appoints Apac head of wealth planning; Deutsche Bank Wealth Management bolsters Southeast Asia team; Bank of Singapore hires from UBS Investment Bank; UBS Global Wealth Management names Apac co-heads; UOB hires from Julius Baer for new private wealth arm; Barings appoints MD for Apac private finance group; ex-Nomura banker joins EquitiesFirst as MD and Singapore head; and more
The adoption of tokenisation and digital assets by mainstream investors requires a global regulatory alignment that will not materialise anytime soon. Meanwhile, Singapore is stealing a march on rival centres.
Schroders announces leadership change in Asia Pacific; Sun Life adds to digital team; Raffles Family Office expands leadership team; State Street appoints head of product management for Asia Pacific; Goldman Sachs hires for family office offering in Australia; Rest GM joins cryptocurrency fund manager; Apex Group hires for real estate and Australian private market sales; and more.
Boosted by China's Reit market development and a series of regional measures, investors are being encouraged to utilise listed real estate vehicles.
The city's booming asset management industry is boosted by rising interest from family offices, the Wealth Connect scheme and a growing retail investor base.
The fear of missing out often leads investors to create a reactive portfolio made up of random opportunities, especially in venture capital, says one Indian family adviser.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
Institutions and family offices alike are sharpening their focus on themed investments to prepare for transition to low carbon economy.
A new PwC report reveals that Chinese family businesses are setting up an increasing number of family offices in the region as they seek to raise investment returns.
Despite eye-watering returns, there are strong signs that Spacs have reached a tipping point even as Singapore and Hong Kong weigh listings.
Wealth experts believe the rollout of Wealth Connect could help to entice wealthy individuals and then family offices to establish operations in the city, especially if initial quotas are raised.
The city-state is considering updating its recent variable capital company structure, a step that could enhance its allure as a destination for single-family offices versus Hong Kong.
Interest in non-fungible tokens has fallen nearly as quickly as it rose, but its underlying technologies still hold potential for institutional investors, experts say.
The financial meltdown of the family office has highlighted a need for greater risk control and a more cautious approach to portfolio diversification among its peers.
The city is vying with Singapore to become the family office hub in the region, but experts believe it will take time to amend important tax incentives to support this aspiration.
The latest run-up in the price of Bitcoin has sparked more interest in digital tokenised investments, particularly among wealthy families and individuals.
Some of the country's family offices are aiming to build larger positions in unlisted investments in order to take advantage of its maturing alternative asset sector.