Wealthy families are setting up secondary offices in Singapore to diversify their exposure to risks, particularly in Hong Kong, and to avoid areas being badly affected by the pandemic.
The C$205 billion Canadian pension fund is putting expertise in place to focus on various new areas in Asia.
The state investment company suffered a 2.28% loss in the 12 months to March 31, smaller than many rivals. It is targeting technology and sustainability in its plans.
Hong Kong's lack of stability is causing it to lose out to Singapore in the competition to manage and administer private family investments.
The value of real estate deals in China nearly doubled year-on-year in the second quarter, in stark contrast to big falls in property investment in Hong Kong, Korea and Singapore.
The SAR's central bank and industry leaders tell AsianInvestor that reports of Hong Kong's demise have been greatly exaggerated.