From navigating multi-jurisdiction lifestyles to preventing corporate fire sales, Asian founders face a 10-year deadline to organise their cross-border assets before passing down their fortunes, warns the wealth chief of Sun Life.
The wealth management industry is ignoring the surviving wives who will inherit Asia's fortunes first, leaving these crucial decision-makers unprepared to manage family empires, the firm's Asia chief says.
As central banks resume tightening, James Durance touts 'career-high' yields and daily liquidity to family offices, while warning that a flood of AI-driven debt could trigger a market event.
Family offices are piling into liquid hedge funds for downside protection and venturing deep into the AI supply chain for growth, says Pictet’s top fund selector for Asia.
Asian family offices can navigate rising market volatility by adjusting the traditional 60/40 portfolio, targeting private AI labs, and shifting capital to Singapore, Ling and Xie argue.
The industry can offer tailor-made hybrid funds to fix the liquidity issues frustrating wealthy Asian investors, says the global head of L&G's $1.7 trillion asset management business.
First-generation tycoons are putting their empires in jeopardy by failing to plan for their sudden incapacity, leaving a decision-making vacuum for the next generation.