Global asset managers are stepping up their presence in the Middle East to tap rising allocations from family offices and sovereign wealth funds, as capital flows increasingly shift toward private markets. Barings said it has opened an office in Abu Dhabi, marking its second location in the Gulf after launching in Dubai in 2024, as … Read more
Malaysia is positioning its Forest City Special Financial Zone (SFZ) as a lower-cost alternative to Singapore for family offices, as rising costs in the city-state prompt wealth managers to explore secondary bases in Southeast Asia. Launched in September 2024 within the Johor-Singapore Special Economic Zone, the SFZ offers targeted incentives aimed at attracting single family … Read more
Wealth technology firm Addepar has opened a Singapore office as its Asia-Pacific hub, expanding its push into a region where family offices and investment firms are scaling rapidly and demanding more sophisticated data and reporting tools. Located at Marina Bay Financial Centre, the office will house research and development and go-to-market teams, bringing the company … Read more
Asia’s family offices invested US$24.3 billion into global AI private rounds in 2025, nearly three times the previous year, with a further US$950 million committed in early 2026, Bloomberg reported citing PitchBook data. Despite robust appetite for names like SpaceX, OpenAI and Anthropic, soaring US valuations are prompting some investors to look closer to home. … Read more
Hong Kong’s Financial Secretary Paul Chan expressed strong confidence that the city will rise to become the world’s second largest international financial centre within the next 10 to 15 years, with family offices playing a central role in that ambition. Speaking at the HSBC Global Investment Summit on Wednesday, Chan said Hong Kong’s growth strategy … Read more
Ultra-high-net-worth families are rebalancing up to 15–20% of their portfolios and accelerating structural changes to their wealth arrangements as geopolitical tensions and an energy market shock reshape the global economic landscape, according to wealth managers. The shift, triggered in part by disruptions to oil supply through the Strait of Hormuz and rising inflation expectations, is … Read more
Singapore’s DBS Group is seeing rising interest from wealthy clients in Europe and the US seeking investment, wealth management and family office options in Asia as they look to protect portfolios against prolonged market volatility, Bloomberg reported, citing remarks by Joseph Poon, the bank’s head of private banking. Some of these clients are looking to … Read more
Family offices are increasingly deploying capital into Singapore real estate as improving financing conditions and stable asset fundamentals drive an expected rebound in deal activity, with Savills projecting investment sales could reach as much as $40 billion in 2026. The property consultancy raised its forecast for the year to $35 billion–$40 billion, from an earlier … Read more
Praxis has strengthened its leadership team in Asia with the appointment of Tom Zierer as Senior Executive Director and the promotion of Cindy Cheng to Regional Head of Growth and Business Development Asia, according to announcement. The move is aimed at deepening its support for family offices, international families, and corporate clients navigating increasingly complex cross-border … Read more
Joe Tsai’s family office has doubled down on Asian sports, leading a Series A round in the Asian University Basketball League (AUBL) as wealthy backers increasingly look at sports properties as a long-term growth and brand-building play. Blue Pool Capital, the Hong Kong-based investment firm that manages the Alibaba co-founder’s family wealth, led the round … Read more