31/10/23

HONG KONG: HK family offices assert city's regional hub status despite geopolitics

As published on: asianinvestor.net, Tuesday 31 October, 2023.

Top executives at Hong Kong family offices said the scale of local capital markets and government incentives outweigh geopolitical concerns, pointing to the city's role as a gateway to China and a middle ground between the US and Europe.

While some wealthy individuals have opted to relocate assets abroad, citing geopolitical considerations, Hong Kong family office leaders downplay these concerns. From an asset management standpoint, executives viewed Hong Kong's immense capital markets and official incentives as pivotal. While maintaining private banking connections elsewhere, one could still oversee investment from the city, they noted. 

Read more at asianinvestor.net. 

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Hong Kong Family Offices Geopolitics