Hong Kong Emerges as Top Choice for Single Family Offices According to Government Official
Monday, 24 June 2024, 09:30
Key Points:
Hong Kong surpasses Singapore in attracting single family offices.
Details:
- The city has become the preferred choice for high-net-worth families.
- Senior government official confirms the shift in the landscape.
- Increasing appeal for specialized financial services and wealth management.
Conclusion: The dominance of Hong Kong over Singapore in attracting single family offices underscores the city's strategic advantages and growing prominence in catering to the needs of ultra-wealthy clients seeking bespoke financial solutions.
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.