ASIA: Asia’s next-gen want fulfilling jobs from venturing to family offices

Discussing career development can be a softer entry point into tougher conversations around succession, according to UBS’s Thomas Ang.

Asia’s next generation is redefining their career aspirations, with a notable shift towards seeking a sense of satisfaction as they explore setting up their own ventures and getting involved in the family office.

This change presents challenges and opportunities for wealth managers, as it is no longer merely about joining the family business.

According to Thomas Ang, UBS global co-head family advisory, art and collecting, discussing career development can be a softer entry point for succession conversations, and offer opportunities to introduce wealth management solutions.

7 June 2024

LUXEMBOURG: Luxembourg tables amendments to minimum net wealth tax regime and introduces optionality for tax exemption of certain dividend income/capital gains

The Luxembourg government submitted a draft law (Draft Law) to Parliament that modifies the existing minimum net wealth tax regime (NWT) to align it with a ruling of the Luxembourg Constitutional Court.The

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29 April 2024

ASIA: South-east Asia poised for sustainable bond lift-off

While 2023 was a slowdown year for the sustainable bond market worldwide, the Asean+3 region (the 10 Association of Southeast Asian Nations plus China, Japan and South Korea) slowed down less than most.

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21 February 2025

EU: Inside Roman Abramovich’s superyacht-rental tax scam

As published on: thebureauinvestigates.com, Friday 21 February, 2025. Superyachts are expensive – really expensive. They cost a fortune to design, even more to build, and after that you still need

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27 June 2025

US: ‘Open Season for Wealthy Tax Cheats’ as Republicans Confirm Trump IRS Pick Billy Long

The Republican-controlled U.S. Senate voted Thursday to confirm scandal-plagued Billy Long to serve as head of the Internal Revenue Service, an agency that he sought to abolish during his tenure in

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