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.
The influx of family offices handling money of Chinese origin has slowed in the wake of Singapore’s multibillion-dollar money-laundering scandal Tighter checks for new applicants are partly to blame
New rules under the Corporate Transparency Act (CTA) now require many corporations, limited liability companies and other entities to report beneficial ownership and other information to the Financial
Crypto exchanges in Hong Kong must be licensed by 29 February.The regulator wants traders to close accounts with unlicensed entities by May 31 or move to licensed ones. Hong Kong’s Securities and
New government reports warn that the rise of crypto-related economic risks could trigger widespread financial disruption. As the cryptocurrency industry scored massive electoral wins in November and