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Is day zero investing the future of venture capital?

May 17, 2023

Fridtjof Berge, co-founder of global investor Antler, discusses why getting in on the ground floor can reap dividends for family offices.

Why now is the time for family offices to regrow confidence in digital assets

May 12, 2023

Jakob Palmstierna, chief executive officer of GSR, talks about assuaging digital assets investment concerns, why now is the time to get on board and crypto’s bright future.

It’s fair to say that the digital asset sector has taken a bit of a hammering over the past year but Jakob Palmstierna, chief executive officer of GSR, states the crypto winter is coming to an end and confidence is growing back stronger than ever. GSR has ten years of deep digital asset market expertise as a market maker, asset manager and active, multi-stage investor.

Why the rise of new money is driving a surge in Asian family offices

April 25, 2023

Jefferson Sun, founder and CEO of Fargo Wealth Group, talks about how the past ten years have been a golden decade for Chinese entrepreneurs and what local governments are doing to help establish a raft of new family offices as a result.

Having seen a rise in demand for flexibility within a traditionally rigid banking system, Fargo Wealth Group was established to offer a wide range of expertise to ultra-high-net-worth (UHNW) individuals and families - from wealth management to asset management and family office services to FinTech innovation.

FB Roundup: Mohamed Mansour, Teh Hong Piow, Barry Sherman

December 19, 2022

In this week’s FB Roundup, Egyptian-born businessman Mohamed Mansour is appointed Tory party senior treasurer; tributes are paid to Malaysian banker Teh Hong Piow; and the son of murdered billionaires triples cash reward.

Egyptian-born businessman Mohamed Mansour appointed as Tory party senior treasurer
In the run-up to the next English general election, the Conservatives have appointed Egyptian-born billionaire Mohamed Mansour (pictured left) as senior treasurer after his company, Unatrac, has donated more than £600,000 to the party.

“It is a great honour and privilege to have been appointed as senior treasurer of the Conservative party and a member of the treasurer’s team of the party,” Mansour said in a statement.

Why are family offices increasing sustainable investing?

November 30, 2022

An increased consideration of environmental, social and governance (ESG) factors, innovations in technology and a next-gen-driven desire to do better for the world are seen as motivating factors for family offices increasing their commitment to sustainable investment, according to Campden Wealth and Raffles Family Office’s Asia-Pacific Family Office Report 2022.

Chiu Wu Hong: “There's a lot of confidence about the growth opportunities in Asia Pacific”

November 14, 2022

KPMG’s private enterprise leader in Singapore, Chiu Wu Hong, talks about why the city-state’s status is on the rise, an increased focus on ESG and impact investment and some very attractive tax incentives.

With more than 20 years’ experience advising on the benefits of Singapore’s regional tax incentives and compliance, cross-border transactions, mergers and acquisitions and consulting and planning for local and multinational companies, there can be few better positioned to lead KPMG’s private enterprise team in the city-state than Chiu Wu Hong.

FB Roundup: Dietrich Mateschitz, Bernard Arnault, Sir Richard Branson

October 24, 2022

In this week’s FB Roundup, tributes are paid to billionaire Red Bull co-founder Dietrich Mateschitz; Bernard Arnault sells his private jet to avoid climate activists tracking him; and Sir Richard Branson is invited to take part in a Singapore death penalty debate.

Tributes paid to billionaire Red Bull co-founder Dietrich Mateschitz
Austrian President Alexander Van der Bellen has led tributes to Red Bull co-founder Dietrich Mateschitz, who has passed away aged 78 after a long battle with cancer.

Austria's richest person with a fortune estimated by Forbes at $27.4 billion, the entrepreneur built the energy drink into one of the most recognisable brands in the world with influence across the worlds of sport and culture.

FB Roundup: Mukesh Ambani, Sir Jim Ratcliffe, Pierre Castel

October 17, 2022

In this week’s FB Roundup, Mukesh Ambani sets up a new family office in Singapore;Sir Jim Ratcliffe is blocked from buying Manchester United by the current club owners; and Pierre Castel is hit with a multi-million dollar tax bill.

Mukesh Ambani to set up family office in Singapore
Asia’s second wealthiest man, Mukesh Ambani, is looking to further expand his reach by opening a new family office in Singapore.

The Reliance Industries chairman, whose current net worth is $83.7 billion (according to the Bloomberg Billionaires Index), is reported to have chosen real estate and brought on board a manager tasked with employing new staff to get the office up and running.

FB Roundup: Rami Cassis, Alex Chesterman, Li Ka-shing

May 18, 2022

In this week’s FB Roundup, Rami Cassis stakes a claim in luxury brand Hervia; Alex Chesterman snaps up additional stock in Cazoo; and Hong Kong billionaire Li Ka-shing’s family office sets up in Singapore.

Rami Cassis stakes claim in luxury brand Hervia
International growth investor Rami Cassis has entered the luxury goods market with the acquisition of UK-based fashion brand Hervia through his private family office, Parabellum Investments.

The deal, which was made for an undisclosed sum, gives Cassis a 75% stake in the Manchester-based business which sells designer clothing and jewellery.

Why are family offices choosing to establish a presence in Singapore?

March 8, 2022

In TMF Group’s recent survey with Campden Wealth, Singapore was designated as a destination of choice for a number of family offices. TMF Group client director Aynsley Vaughan discusses the myriad benefits of living and working in the city-state.

In TMF Group’s recent survey with Campden Wealth, Singapore was designated as a destination of choice for a number of family offices. Many families have established their family office in Singapore as a way to diversify from their family business, as well as being a launch pad into the Asia market.