HKUST Roger King Center for Asian Family Business and Family Office has published a joint survey report entitled “Landscape of Family Offices in Greater China Report 2024” with EY Family Enterprise.

The report summarizes the results from three separate sets of comprehensive questionnaires for Single Family Offices (SFOs), Multi-Family Offices (MFOs), and potential SFOs in Greater China during 2022-2023, which provides an in-depth understanding of the current landscape of family offices in Greater China and explores the growth potential of different types of family offices. Combining academic research and industry expertise, the report offers valuable insights for families, policymakers, and service providers in the family office ecosystem.

At the report launching event on March 12 hosted by EY Family Enterprise, Prof. Winnie PENG Qian, Director of Roger King Center for Asian Family Business and Family Office, delivered a keynote speech on the insights and trends of family offices in Greater China. She highlighted two important takeaways from the report:

1. Mainland China remains the key driving force of family offices in this region;

2. Hong Kong is the birthplace of the most mature family offices in Asia, providing valuable experiences and setting good examples for newly established family offices.

The speech was followed by a panel discussion on “Hong Kong as Asian Family Office Hub: Current and Future”, featuring Mr. Brendon WONG (second left), Deputy Global Head of Family Office at InvestHK, Prof. Roger KING (second right), Senior Advisor of Roger King Center for Asian Family Business and Family Office, and Prof. PENG (right). The discussion was moderated by Mr. Chris CHAN (left), Strategy and Transactions Partner at EY-Parthenon Hong Kong.

The Center will continue its efforts to conduct high-quality research and reports in the family business and family office.

Read the full report.