The number of Middle Eastern clients setting up family offices in Singapore has doubled in the past year and will continue to grow as they focus more on Asia - DBS Private Bank in Singapore says.
Speaking at the Asia-Middle East Investment Summit in Singapore last week, Terry Farris, head of family office services at DBS Private Bank in Singapore, says he expects 50% of his firm’s discretionary portfolio management to be on behalf of Middle Eastern wealth by the end of June.
To see a list of family offices from the Middle East, check Middle East Investors Directory
More details from Asian Investors
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