2,700 single-family offices with $10m+ assets in Hong Kong, 885 managing over $100m; city aims to attract 200 large family offices by 2025.
2,700 single-family offices with at least $10m in assets were based in Hong Kong last year, according to a Deloitte survey commissioned by the Hong Kong government, with 885 managing over $100m. The city aims to attract 200 large family offices by 2025. Hong Kong's wealth management sector managed $5.21trn of assets in 2022, with over 12,500 ultra-high-net-worth individuals.
March 18, 2024
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