Family business

The Global-Asia Family Office Circle will be a platform for industry players to collaborate and build new capabilities.

The Oppenheimers join a growing number of billionaires turning to Singapore as fortunes surge across Asia.

According to PwC, Singapore family businesses are “confident about turning the corner" in the next two years.

Family office advisors can now deepen their specialist skillsets with a new skills map launched by IBF and MAS.

The Covid-19 pandemic has been a black swan event. It has resulted in an existential challenge for many firms. Even in the countries where governments are most supportive, businesses are struggling to stay afloat and avoid bankruptcy.

Envysion will provide a range of services to clients from helping them structure deals to lifestyle offerings such as yacht and private jet charters.

Billionaires are being minted at a slower pace in Asia, but the demand for professionals to manage their wealth remains strong, as contingencies have to be considered. Are family offi ces able to provide the much-needed service?

SINGAPORE (Dec 13): Hong Kong-based CSOP Asset Management set up an office in Singapore just two months ago. As part of its asset management services, CSOP wants to service both family offices as well as its own family office set-up.

SINGAPORE (Sept 11): United Overseas Bank (UOB) on Wednesday launched The Business Circle, an initiative to prepare the next generation leaders of Asia’s family-led firms to run their businesses.

(Aug 30): Lee Kum Sheung invented oyster sauce by accident when he overcooked some bivalves 130 years ago, conjuring the sweet-and-salty condiment that would become a staple of Cantonese cuisine.