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's markets to capture ASEAN growth while navigating RMB internationalisation and geopolitical risks.

Family offices across Asia are increasingly leveraging the Singapore Variable Capital Company (VCC) structure to manage their regional portfolios. The flexibility of the VCC is proving invaluable as wealth managers navigate the complexities of RMB internationalisation and cross-border investments.

Simultaneously, the HKEX pipeline is seeing renewed interest from Southeast Asian families looking to tap into the Stock Connect mechanisms. The interplay between Singapore's robust regulatory framework and Hong Kong's deep capital markets is creating unprecedented opportunities for wealth preservation and growth.

As the 'ASEAN Wealth Letter' explores in this update, family offices are no longer choosing between Singapore and Hong Kong; they are actively utilizing the strengths of both hubs. The strategic deployment of capital through VCCs into the HKEX pipeline underscores a sophisticated approach to capturing the upside of ASEAN's economic trajectory while mitigating geopolitical risks.