09/25/2024
Africa’s richest man, Aliko Dangote, to establish family office in Dubai
This strategic relocation reflects a broader trend among ultra-high-net-worth individuals (UHNWIs) seeking stable, low-tax jurisdictions to manage their wealth.
Family Office
09/25/2024
Family offices increase focus on governance as regulatory challenges intensify
As family offices become more professionalised, the emphasis on governance has intensified
09/24/2024
Malaysia to offer zero tax rate for single family offices
A fund manager from a Kuala Lumpur-based asset management company argues that tax incentives alone will not be able to attract family offices into the SFZ.
09/23/2024
How Richter’s entrepreneurial edge drives career growth and client success
He credits Richter’s two-platform model – which helps clients manage both the business and the family aspects of their enterprises – with offering a unique workplace experience.
09/20/2024
Citi targets Swiss family offices with ‘highly beneficial’ PM licence
Laurence Mandrile-Aguirre discusses Swiss coverage of family offices following the publication of Citi’s Global Family Office 2024 Survey.
09/20/2024
What is a Single Family Office and how does it benefit the wealthy families in Malaysia?
The minister added that this move will position Malaysia as a key player in the global financial scene.
09/20/2024
Family office investment in real estate poised to increase
But it’s not all about megafunds—middle market funds will also soon be taking advantage of opportunities in this recovery.
09/19/2024
Global Family Office 2024 Survey Insights
The survey was subsequently released to Citi Private Bank’s global family office clients for input.
09/19/2024
Family offices open overseas branches in global rush
Accommodating internationally mobile family members and increasingly complex portfolios are among the main factors driving firms overseas, according to the Ocorian survey
09/18/2024
Global family offices open more physical offices in different jurisdictions
But 57% said more offices were needed as investment portfolios have diversified or become more sophisticated and 41% have done so in response to risk posed by geopolitical issues.
09/18/2024
Luhut Attracts Ray Dalio and Porsche Family to Establish Family Offices in Bali
The meetings were part of a government effort to attract foreign wealth and bolster the national economy.
09/18/2024
Single family offices reach 1,650 as wealth management sector booms
Wealth management AUM grew by over 8% in 2023, continuing its upward trend, with a five-year compounded annual growth rate of around 10%.
09/17/2024
"Building a Stronger Tomorrow: Family Offices in our Flourishing Wealth Management Landscape" - Speech by Mr Chee Hong Tat
The family office community in Singapore is a vibrant and growing space.
09/17/2024
Creating the Family Office Framework: Three Keys to RIA Success
Clients increasingly expect white-glove concierge services from their advisors.
09/17/2024
Singapore Adds Hundreds of Family Offices in 2024
In total, 1,650 single family offices have been awarded tax incentives, up from 1,400 at end-2023 and 400 in 2020.
09/16/2024
Deutsche's Rocchi 'not into loss leaders' on family office business
Private banks need to ensure family offices clients are profitable and not just sat in cash, says Deutsche's head of ultra-high-net-worth individuals and family office investment advisory, emerging markets.
09/16/2024
Experimentalness: Is This The Key To Family Office Innovation Across Generations?
The real task with intergenerational wealth is navigating the complex values, ambitions, and approaches that each generation brings to the table.
09/16/2024
Singapore’s wealth management sector growing, as single family offices balloon to 1,650
An SFO manages assets belonging to only one family.
09/13/2024
Family offices confident recent growth in wealth will continue
More than nine in ten (92%) of those who have seen asset values increase expect even more growth over the next five years with 48% expecting dramatic increases.
09/13/2024
Geopolitical risk prompts family offices to diversify investments
Municipal bonds tend to be very liquid instruments and are exempt from federal tax but can also be exempt from state and local taxes.