News
Governance is key to families" ability to sustain generational wealth, says US adviser
2+ hour, 11+ min ago (197+ words) The chief executive of Vanquour Global Wealth Management believes wealth management practices in the US are a model to be emulated THE adage "shirtsleeves to shirtsleeves in three generations" exists in almost all cultures, but the largest and most successful…...
Fuji Media's real estate unit attracts 1 trillion yen bids
4+ day, 18+ hour ago (253+ words) More than 15 firms submit bids for Sankei Building [TOKYO] Fuji Media Holdings has received stronger-than-expected interest in its real estate subsidiary, attracting bidders including KKR, Blackstone and Goldman Sachs Group, people familiar with the matter said. More than 15 firms submitted…...
TE Capital Partners, Hillhouse-backed Dash Living acquire prime Tokyo housing asset
1+ week, 5+ day ago (516+ words) The Singapore-based private equity firm will have a supermajority stake in the joint venture [SINGAPORE] TE Capital Partners has tied up with Hillhouse-backed flexible living operator Dash Living to acquire a freehold residential asset in Tokyo. The property, located in…...
How advisers can play a trusted role in families" "great wealth transfer"
3+ week, 5+ day ago (146+ words) They must take on a stewardship role, just as families must themselves serve as stewards of their assets and legacy WHAT does it take to become a "trusted" wealth adviser? This is potentially a multibillion-dollar question for financial institutions and…...
Asia's wealthy families shed taboo on succession planning as US$83 trillion changes hands: UBS
4+ week, 18+ hour ago (581+ words) The inheriting generation is reshaping how family wealth is managed and who they trust to manage it [SINGAPORE] Nearly two-thirds of wealthy families involve the next generation in wealth management from young adulthood, UBS revealed at a Singapore roundtable event…...
Four principles for wealth succession in a complex world
2+ mon, 3+ week ago (762+ words) Amid never-ending changes, resilience cannot be left to good intentions alone COMPLEXITY is no longer an occasional challenge for many families; it has become a defining feature of their wealth journey. At the same time, families themselves are becoming more…...
Is it better investing in commercial property instead of residential property?
4+ mon, 1+ week ago (241+ words) Residential headlines are still grabbing the spotlight with new condo launches continuing to pull in keen buyers even as prices have outpaced income growth. Yet beneath the buzz, questions linger. Is the private housing market due for a correction, or…...
Beyond the trust deed: a team-based approach to legacy planning
6+ mon, 3+ week ago (251+ words) A trusted wealth adviser, business exit specialist and investment manager are among those needed in a proper legacy and estate planning team Read more at The Business Times. Beyond the trust deed: a team-based approach to legacy planning A trusted…...
Reshaping the rules of wealth transfer
9+ mon, 2+ week ago (1048+ words) AS THE world witnesses the largest intergenerational wealth transfer in history, families " especially in Asia " are realising that passing down wealth is no longer simply a legal or financial exercise. Instead, this pivotal moment is a deeply emotional, cultural and…...
Family offices go beyond wealth preservation to a purpose-driven approach
9+ mon, 1+ week ago (770+ words) They view their wealth through the lens of stewardship rather than ownership, which has implications for how capital is used, how decisions are made and how success is measured FAMILY offices in Asia-Pacific are steadily redefining their role within the…...