Having the right fee model is key, among other things, says Philippe Legrand, CEO of London & Capital Asia.
Timothy Tsui, managing partner of Hong Kong multi-family office Arbutus Capital Partners, tells AsianInvestor why he likes road trips, Formula 1 and Finland.
Growth in the number of new external asset managers and multi-family offices in Asia seems to be slowing due to the rising cost of compliance and talent, say private bankers.
The Singapore family office is planning a multi-asset discretionary strategy, having hired an equity manager as part of its recent expansion. AsianInvestor heard from CEO Jason Lai.
Taurus Wealth Advisors recently hit $1 billion in assets under management and has applied for a licence to operate in the Middle East with a view to winning more clients there.
The multi-family office is relying less on stop-losses and more on currency trading to mitigate potential losses on debt holdings. And it's not only bond investors suffering from thin volumes.
The Mumbai-based multi-family office is eyeing a branch in Bangalore to add to its existing three and plans to build a platform linking European and Indian FOs.
This is despite them spending a bigger share of their assets on investment activities than their peers elsewhere, according to research by Campden Wealth and UBS.
A growing number of European families are putting offices in Asia with a view to diversifying their asset base and investment exposure. Fund firms and other service providers are taking note.
Rich Asian families are said to be increasingly taking direct private stakes in small- and medium-sized European companies.
As Mumbai-based Waterfield Advisors builds a multi-family office with the backing of tech tycoons the Patni brothers, others are said to be making similar moves in India.
Swiss asset and wealth manager Union Bancaire Privee has added a duo from DBS for its new multi-family office unit, including Joerg Hansen as Singapore head.