Hong Kong Has Twice as Many Single-Family Offices as Singapore, Survey Reveals

What’s new: Hong Kong had more than 2,700 single-family offices based in the city last year, almost twice as many as at its rival Singapore, a Deloitte survey shows.

These single-family offices managed assets worth at least $10 million, while 885 of them had more than $100 million in assets at the end of last year, according to the survey commissioned by the Hong Kong government.