Family offices

He says the F1 race weekend and high-profile conferences on the sidelines cemented Singapore’s wealth-hub status

Founders’ desire to stay in control is a key hurdle to such financial planning

As businesses expand across borders, formal governance becomes more crucial

Gaps in valuation expectations are also most-cited cause of family misalignment during exit decisions in region

More assets create more decisions precisely when there is less time available to make them

Forum panellists agree that wealthy families need to give their younger members space to make decisions

The extent of this shift largely depends on a family office’s scale, say industry players

Low penetration of private debt in region offers investors an opportunity

They are looking out for opportunities that fit a ‘3L’ framework of lifestyle, legacy and liquidity, says an industry leader at a forum