family wealth

Singapore is at the heart of a growing economic region with plenty of opportunities in banking and engineering.

MAS says the world's rich are setting up family offices in greater numbers in Singapore, as the pandemic brings to light their individual mortality and succession plans for future generations.

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?