asora blog | family office insights

The Family Roundup #5

Written by Asora | Jul 7, 2023 1:11:00 PM

80% of APAC family offices surveyed cited inflation as a key concern

Source: Preqin APAC Family Office Report 2023 

INSIGHTS

WHY NETWORKING IS IMPORTANT IN FAMILY OFFICES

Unlike other institutions, family offices don't usually compete against each other — rather, they tend to connect, share information, get reliable data, and guide each other in wealth management. This article discusses how family office network groups offer knowledge-sharing, investment opportunities, and specialised services, and lists some such organisations as well. (Forbes)  

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GUIDE

BLOOMBERG FAMILY OFFICE GUIDE

A quick guide to family offices, this guide delves into the structures, workings, and strategies used around the world and covers a range of topics — from establishing a family office to creating a succession plan. (Bloomberg)  

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INSIGHTS 

HONG KONG & SINGAPORE CHART CONTRASTING PATHS FOR FAMILY OFFICES

The article looks at how Hong Kong and Singapore are engaged in fierce competition to attract family offices. The rivalry is intensifying as Hong Kong aims to regain its position as a leading destination for family offices, leveraging new tax concessions, while Singapore tightens criteria for tax exemptions to attract more high-quality family offices. (Fund Selector Asia

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INSIGHTS

WHAT ARE PRIVATE WEALTH MANAGEMENT FIRMS LIKE BEHIND THE SCENES?

Family offices are known to be very private; however, in this article six decision-makers pull the curtain and reveal their stance on wealth preservation, relationships, the different kinds of family offices, as well as on how to manage family dynamics. (Business Insider

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INSIGHTS 

THE DILEMMA OF SUCCESSION

This piece summarises what family offices and advisors at the Next Generation Family Offices session had to say about succession planning, including challenges like resistance to new technology, acceptance of the next generation's ideas, and more. (Asian Investor

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