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Hong Kong is, of course, the well-known traditional epicentre of the offshore wealth management industry in North Asia, serving not only clients in that region but also having over many decades carved out a formidable reputation in the global wealth management universe, with clients from the world over, and with a totally international approach, an advanced regulatory environment and a highly developed wealth management infrastructure and ecosystem. And nowadays, Hong Kong is increasingly interconnected with both Mainland China and with the Greater Bay Area. But what specifically does Hong Kong have to offer the regional and indeed global UHNW community and is Hong Kong able to compete head-to-head with Singapore as a go-to jurisdiction for family offices? Moreover, as the trend towards substance, high reputation and also lifestyles associated with the choice of wealth management bases, mid-shore gathers even greater momentum, and Hong Kong is well-positioned to continue to pick up more business that might in the past have gone to more esoteric offshore financial centres. The Hubbis Digital Dialogue event of March 10th will focus the minds of our panel of experts on these issues and attempt to identify the key appeals of Hong Kong, looking at its geographical position in North Asia, its historical and current position as a global financial hub, at how it is benefitting from China’s extraordinary growth and wealth, at the depth of its array of private banks, independent wealth managers and multi-family offices, at the sophistication of the professional services ecosystem, at how Hong Kong is adjusting and refining its regulations as well as its tax and other incentives to appeal to UHNWIs worldwide and to attract more single-family offices, at how Hong Kong is fighting back against Singapore’s allure, and very broadly at what additional or unique proposition and value-added Hong Kong offers today and can offer UHNWIs in the future.
Hong Kong - still an appealing choice for UHNW clients and F...
3.00pm - 4.00pm HKT/SGT

A community of leading organisations within Asian Wealth Management

Senior figures in Asian Wealth Management are speaking at this event

David Loo
Lombard Odier

Richard Grasby
RDG Fiduciary Services

Chi Man Kwan
Raffles Family Office

Michael Olesnicky
Baker McKenzie

Peter Stein
Private Wealth Management Association
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15.00pm
Is Hong Kong still an Interesting and Appealing Choice for UHNW clients and Family Offices?
- How would the panel characterise the current state of the Hong Kong wealth management market, and what are the key advantages it offers regional and global UHNWIs?
- Can it overcome the current negativity around the ways its dealing with Covid?
- Can Hong Kong compete effectively with Singapore as a go-to centre for single-family offices? And if so, how?
- How are UHNW client requirements changing, why and is Hong Kong ahead of the game?
- Is Hong Kong today mainly a wealth management hub for HNW and UHNW clients from Mainland China and North Asia, and a conduit to and from China, or is it more, is it global in its appeals for these clients?
- What do UHNW clients expect of their providers? More products? A wider range of assets? Better and more sophisticated advice? DPM? Estate & Succession planning? In short, what do they need, and can Hong Kong match up to their expectations?
- What have the government and the regulators/authorities been doing to widen the appeals of Hong Kong for the location or expansion of single-family offices? In short, why should families set up a SFO in Hong Kong?
- Does Hong Kong have a sufficiently deep talent pool of private bankers, advisors, asset managers, funds, hedge funds, lawyers, accountants, trustees and others to attract the global UHNW clientele?
Moderator
Speakers
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16.00pm
Webinar Ends
Hong Kong - still an appealing choice for UHNW clients and F...
3.00pm - 4.00pm HKT/SGT


David Loo
Lombard Odier

Richard Grasby
RDG Fiduciary Services

Chi Man Kwan
Raffles Family Office

Michael Olesnicky
Baker McKenzie

Peter Stein
Private Wealth Management Association
Hong Kong - still an appealing choice for UHNW clients and F...
3.00pm - 4.00pm HKT/SGT

Hong Kong - still an appealing choice for UHNW clients and F...
3.00pm - 4.00pm HKT/SGT