Managers of Wealth

Family offices shift outlook from caution to optimism

For family offices, a strong 2024 financial performance and optimistic outlook signal a return to normalcy after several years of economic upheaval.

Miami Multifamily Office Acquired by Brazil’s BTG in Global Push

Firm specializes in high-net-worth clients in Central America

Family offices bet big on AI – but fail to adopt the technology in-house

Over half of family offices have built portfolio exposure to generative AI technologies, a Citi Private Bank survey reveals

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 offices increase focus on governance as regulatory challenges intensify

As family offices become more professionalised, the emphasis on governance has intensified

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.

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.

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.

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.

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.

Global Family Office 2024 Survey Insights

The survey was subsequently released to Citi Private Bank’s global family office clients for input.

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

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.

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.

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%.

"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.

Family Office