Lack of talent in the next generation a major hurdle for Asian family businesses
As many Asian high net worth and ultra-high net worth families transition their businesses to the next generation, succession is becoming an…
While starting a business is hard, sustaining it is harder. As the first generation endured the hardship and should retire to enjoy, leaving the…
Business Founders in Asia delaying succession
Business founders in Asia are delaying passing the reins on to the next generation, despite wanting to keep their company in family hands, a new…
Private banks limber up to family offices boom in Singapore
Encouraging signs of growth are emerging in Singapore. A year ago, Singapore Management University launched Business Families Institute (BFI) backed…
First-of-its-kind research on succession in Asian family businesses
Nearly 90% of the business families said that Business Family Management Succession is important to them and 81% of them believe that their Next…
Business families still need succession planning
Jamie Lim recalled how her dad and founder of furniture retailer Scanteak tried to lure away from her fledging Hollywood career using a business…
Asian Family Businesses Trust The Next Generation
Global - Asian family businesses consider succession planning as a pivotal step in their management policies. According to the 2013 study "…
Business families in SEA keen on preserving wealth
Nearly 90 percent of the business families in the region surveyed in a recent poll indicated that management succession is important to them, while…
In what is believed to be the first study of its kind to be conducted in the region, the Business Families Institute at SMU (BFI@SMU), in…
Great expectations - raising the next generation of Asian wealth stewards
As wealth across Asia continues to grow exponentially, high net worth individuals (HNWIs) and their families are not only looking for ways to protect…