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.
Special purpose acquisition companies (Spacs) have gained ground as financing vehicles for companies looking to go public. But Asian family offices have yet to make many investments.
The US asset manager has hired a Greater China head of intermediaries and is seeking the same for Southeast Asia. It has also added an institutional specialist to its team in Taiwan.
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.
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.
Economic developments in Asia present investment opportunities and current high valuations may be "an accident waiting to happen", say investors.