Singapore, Hong Kong Woo Family Offices With Different Game Plans

(The Straits Times) — Singapore and longstanding rival Hong Kong are fighting tooth and nail to attract family offices, but while they share the same goal, their game plans are quite different.

Hong Kong continues to roll out the red carpet for the world’s richest families whereas Singapore, which has grown in appeal due to tensions between the U.S. and China, has become more discerning about the quality of funds it seeks.