Raffles Family Office eyes Asia expansion
Genevieve Cua
UNFAZED by the market upheaval, Raffles Family Office (RFO), a multi-family office and independent asset manager (IAM), has set its sights on further regional expansion this year.
It expects to open an office in Shanghai, likely in the third quarter, said RFO founder and chief executive Kwan Chi Man. Two more offices are on the cards - one in Asean and another in Dubai or Australia.
RFO was founded in Hong Kong in 2016. It opened its Singapore office last year, and also has a presence in Taipei.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Scaling Berli Jucker’s retail empire – daughter of Thai beer billionaire seeks growth outside home country