The family office continues to capture attention in Hong Kong and China. Detailed, official statistics on family offices in Asia are lacking, but few would disagree that there has been a surge in the number of family offices, in all forms. Given what we have seen in 2015, in what direction might the development of the family office head in 2016?
Patricia Woo, of counsel in Squire Patton Boggs’ Tax Strategy & Benefits practice in Hong Kong, looks at the prospects for the family office in the region in 2016.
This article previously appeared in STEP Journal, Volume 24, Issue 1, and is republished with kind permission.