Family offices

Wealthy Asians chasing returns pour US$25 billion into AI startups

For Asia’s elite, the allure of generational tech gains is outweighing the risks of a potential bubble

The rich from Europe and US are seeking to invest in businesses while some are looking for a secondary family office in Asia, said DBS' Joseph Poon.

DBS sees wealthy European, US clients more interested in Asia

DBS and local rivals drew a combined S$77 billion in net new wealth money last year

Of the family offices that do invest in AI, many do so only in specific AI-themed listed names on the public equity market, as they lack access to private deals.

AI investment boom leaves some Singapore family offices on the sidelines

Many want to prioritise the technology, but lack the access and know-how to turn interest into results

The super-rich are being pitched Hong Kong’s low taxes, wide talent pool, and booming equities capital market to bring the wealthy back.

Super rich regain zest for Hong Kong as war stokes Gulf unease

The city’s new family offices rise 25% to 3,384 at the end of last year

In line with demands from wealthy investors, Hong Kong’s government has been easing some rules to encourage crypto trading activity.

Hong Kong family offices plan more crypto, private markets exposure

The financial hub has sought to encourage more wealthy individuals and their families to anchor their investments in the city

Smoke rising in Doha on Mar 1 after Iranian missile attacks. Airports, embassies, ports and hotels in several US-allied Gulf states have been struck by Teheran in retaliation.

Gulf wealth clients staying put for now, but Singapore may see inflows if conflict persists

Hubs such as Dubai and Abu Dhabi are expected to remain resilient due to economic opportunities and infrastructure, say industry players

HSBC's new wealth centre spans 7,884 sq ft and is designed to "deliver a personalised and premium banking experience".

HSBC opens wealth centre at Singapore Land Tower amid premium pivot

It is the bank’s fourth and largest such facility in the city-state

Raymond Ang, Standard Chartered's global head of private bank and affluent clients, says Singapore has a head start over Hong Kong and the UAE when it comes to building an ecosystem to attract family offices.

More family offices turning to Hong Kong or Middle East for extra bases

Affluent clients bring lender close to US$52 billion in net new money in 2025

Singapore also offers depth through a mature wealth-management sector with trustees, banks and advisers experienced in private markets, cross-border structures and other operational demands.

Why Asia’s family offices are moving to multi-hub models

Even as market access broadens, Singapore remains the centre for governance and oversight