Justin Rockefeller Leads Discussion on Investment Policies at Hong Kong’s Global Family Office Forum
Wealthy Clients Converge in Hong Kong
More than 200 representatives from some of the world’s wealthiest families, including the Rockefeller family, will gather in Hong Kong this week to explore networking opportunities and business development at the Global Family Office Forum.
Insights and Strategies for Family Offices
This two-day forum, which kicks off on Tuesday at the Four Seasons Hotel, marks Standard Chartered’s inaugural annual event. Raymond Ang, global head of private banking and affluent clients for Greater China and North Asia, stated that over half of the attendees are traveling from abroad to partake in discussions centered around investment strategies.
- Investment Policies: The forum will focus on family succession planning and diversifying investments across asset classes.
- Wealth Management Growth: Hong Kong's assets under management reached HK$31.2 trillion (US$4 trillion) in 2023, indicating robust growth.
- Key Speakers: Notable figures such as Justin Rockefeller, Paul Chan, and Sonia Cheng will lead discussions on the evolving landscape of family offices.
Hong Kong’s Unique Position for Family Offices
As many wealthy tycoons consider establishing family offices in Hong Kong, the forum presents an excellent opportunity to understand the latest policies and incentives. Ang believes that Hong Kong's favorable tax regimes compared to Singapore attract a growing number of family offices seeking to expand their reach into Greater China.
- Family offices are rapidly expanding across multiple markets.
- Recent stock market trends bolster confidence in Hong Kong’s market environment.
- There’s an increasing interest in Hong Kong as an international financial hub.
Attendees will gain invaluable insights into investment migration schemes and learn about effective strategies that can shape their family offices' futures.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.