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McKinsey: Hong Kong & Singapore have 4,000 single-family offices

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Hong Kong and Singapore are home to about 4,000 single-family offices, with the number having quadrupled since 2020, according to McKinsey’s latest Asia family office report. High- and ultra-high net worth individuals in Asia are set to undergo wealth transfers to the tune of $5.8tn by 2030, of which the…

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