UBS GWM 1Q26: Asia profit up 40% despite slight dip in AUM
TL;DR UBS GWM Asia profit rose 40% year-on-year in Q1 2026 despite a marginal AUM dip, driven by mandate penetration and fee-based revenue growth. Family office principals
The Next Era of Wealth: Singapore VCCs, HKEX Pipelines, and the RMB
TL;DR Asian family offices are using Singapore VCCs to manage portfolios and access the HKEX pipeline. This dual-hub strategy leverages Singapore's regulation and Hong Kong&
Charles Spencer: family charters can help clans preserve their wealth across generations
TL;DR Charles Spencer argues that formal family charters — codified governance documents covering values, succession, and decision-making — are essential for preserving family wealth across generations. For Asia-Pacific family
Bank of Singapore appoints senior leadership for FO and wealth advisory
TL;DR Bank of Singapore has appointed senior leaders for its family office and wealth advisory divisions as Singapore's family office count exceeds 1,400 and
Private Credit’s Rude Awakening Gives Bond Funds a New Edge
TL;DR Stress fractures in private credit — rising PIK toggles, covenant breaches, and secondary discounts of 10–20% — are prompting APAC family offices to reassess illiquid debt allocations
The global private education industry is coming for Switzerland’s expensive schools
TL;DR Institutional capital is consolidating Switzerland's elite boarding school market. For Asia-Pacific family office principals, this creates both an alternatives investment signal and a governance
Bank of Singapore to resume “aggressive” hiring as Greater China UHNW assets jump 50%
TL;DR Bank of Singapore reports a 50% surge in Greater China UHNW assets and is resuming aggressive hiring. The move tightens Singapore's private banking talent