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.

3 January 2025

ASIA: Family offices to favour Taiwan, India and US in 2025; may increase China exposure

Taiwan, India and the US will be favoured by high-net-worth individuals and family offices in 2025 and they might also invest more in mainland China and Hong Kong due to stimulus measures from Beijing,

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20 January 2024

ARBITRATION: ICC brings Advanced Arbitration Academy programme to Africa and Middle East

Following successful launches in Asia, Eastern Europe, Latin America and North America in 2023, ICC is expanding its Advanced Arbitration Academies training programme to include Africa and the Middle

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3 January 2025

US: Billionaire wealth hits $10 trillion as Sanders warns of oligarchic rule

Quick summary:• The combined wealth of the 500 richest individuals worldwide reached $10 trillion in 2024, a record high driven largely by tech stock gains and other economic factors. • Eight tech

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8 November 2024

CAREY OLSEN: Carey Olsen takes lead role in new TISE ‘Specialist Companies’ equity rulebook

Press Release from Carey Olsen, Friday 8 November, 2024. The International Stock Exchange (TISE) has today announced the publication of its new ‘Specialist Companies’ equity rulebook (the

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