WeDigest

WeDigest, derived from Wealth Digest, aims to be an active source of information for matters pertaining to Family Office, Succession, The High Life and Wealth Management.
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Navigating Wealth Management Hubs: Singapore vs. Hong Kong
WeDigest > Family Office > Navigating Wealth Management Hubs: Singapore vs. Hong Kong Download PDF Overview The irresistible appeal and allure of Singapore and Hong Kong are widely known narratives. These two financial powerhouses have long been the subject of comparison and debate among high-net-worth individuals and families who are seeking to either invest their assets or set up their own family offices. As the battle for wealth management dominance unfolds, let us delve deeper into the key factors that make Singapore and Hong Kong the epicentres for entrepreneurs and wealthy families and explore the nuances that set them apart. Wealth Management Landscape Singapore S$ 5.4 trillion Assets under Management 2021 660 Variable Capital Companies as of 14 October 2022 ~700 Established Family Offices Hong Kong US$ 4.55 trillion Assets under Management 2021 510 Limited Partnership Fund as...
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Singapore: Tax Incentive for Single Family Offices
Effective from 5 July 2023, MAS has introduced revised conditions for Single-Family Offices (SFOs) interested in applying for the 13O/13U tax incentive schemes. The goal of these updated measures is to motivate SFOs to deploy their capital in a more purposeful manner, thereby fostering a purpose-driven approach that enhances the wealth management industry.
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Unlocking Opportunities: Variable Capital Companies
The Variable Capital Companies (VCCs) framework is an innovative and flexible investment fund structure that has gained prominence in the global financial landscape. Introduced in 2020 to facilitate the establishment and operation of investment funds.
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Women: Steer Your Wealth Journey With Confidence
Women are getting wealthier at a faster pace than men. According to a 2022 UBS report ("Women and Investing"), the growth in women's investible wealth has outpaced men's between 2016 and 2022.
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Unlocking the Value of Art
The perception of art has evolved over the years. Beyond its cultural significance and aesthetic pleasure, art is increasingly becoming a working asset in wealth planning. In our latest publication, we deep dive into art financing – a fledging tool to unlock the value of art to enhance your wealth management strategy.
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Hong Kong: A Hub for Family Offices
Hong Kong is poised to become a prime hub for family offices with its well-established financial infrastructure, competitive tax system and robust government support for the industry. Its unique location grants the city unparalleled access to Mainland China and seize opportunities arising from the Greater Bay Area. Find out what Hong Kong has to offer in our latest publication.
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Singapore Family Office Update 2022: Tax Incentive
The family office landscape in Singapore has continued to flourish and expand with promising potential since our last publication “Singapore as an ideal location for a family office” in 2020. With updated guidelines and criteria for the tax incentive scheme, it is therefore timely for us to revisit this topic to navigate the considerations of setting up a family office in Singapore.
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Private Placement Life Insurance
Private Placement Life Insurance, commonly referred to as PPLI, is a bespoke universal wealth planning tool for high-net-worth individuals and their families. As its name suggests, it is a sophisticated unit-linked life insurance contract that is offered on a private placement basis and thus tailored to each client’s unique needs.
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SingAlliance Answers: Yield Curve – Where Do We Stand Now?
With imminent rate hikes expected to take place this year, it is apt that we turn to analyse what has been happening with the yield curve recently and whether the yield curve will continue to flatten.
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SingAlliance Answers: Yield Curve as an Economic Indicator
We often speak of the yield curve when it comes to bond investments. But why is the yield curve important to investors, and what does it tell us about the economy? In this edition of SingAlliance Answers, we delve into the yield curve as an economic indicator.