Singapore sees continued single-family office momentum as total hits 1,650

By Stanley Yupu Li , senior reporter | 17 September 2024 | 3 minutes read

Singapore has seen continued growth in its family office sector this year and has vowed to continue to welcome legitimate wealth with an enhanced ecosystem of service offerings. “In the first eight months this year, we added another 250 to reach 1,650 single-family offices (SFOs),” said Chee Hong Tat, minister for transport and second minister for finance, at the Global-Asia…

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