Political tensions, Covid-19 hasten wealth flow to Singapore
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.
Tag : singapore
OTPP opens Singapore office, adds execs in region
The C$205 billion Canadian pension fund is putting expertise in place to focus on various new areas in Asia.
Temasek sees S$7 billion asset fall as Covid bites
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.
Family offices increasingly turning to Singapore over HK
Hong Kong's lack of stability is causing it to lose out to Singapore in the competition to manage and administer private family investments.
China bucks trend of tanking Asian property volumes
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.
HK rejects rival claims it will fail as a financial centre
The SAR's central bank and industry leaders tell AsianInvestor that reports of Hong Kong's demise have been greatly exaggerated.
