Stamford Privee Blog

Family offices shop around more for banks

7th February, 2014 - Posted by admin - No Comments

Investment banks – and therefore some private banks – cannot provide as wide a range of services as in the past, so family offices must broaden their range of counterparties. Family offices in Asia tend to rely heavily on the custody and execution services provided by private banks. To a lesser extent, they also often » Read More

Pictet exec questions multi-family model for Asia

8th January, 2014 - Posted by admin - No Comments

The single-family office model is more likely to be successful in the region, says Grégoire Imfeld of Pictet & Cie. But there is evidence of multi-family offices thriving. Multi-family offices are unlikely to gain as much traction as their single-family counterparts in Asia, says Grégoire Imfeld, senior relationship manager for family offices at Swiss private » Read More

Company Focus Singapore: Stamford Privée

21st May, 2013 - Posted by admin - No Comments

William Chan is founder and chairman of Singapore based multi-family office Stamford Privée, which evolved from a single-family office to an MFO in 2004. He founded Stamford after spending nine years with one of the largest Swiss private banks and a further three years with one of the largest independent trust companies in Asia. William » Read More

Shaping Asia’s Family-Office Future

17th April, 2013 - Posted by admin - No Comments

William Chan, founder and chairman of Stamford Privee, looks at the current global landscape for family offices – as well as expected trends and opportunities in Asia. What are the global trends you’re seeing in terms of family offices? As the family office concept has been around for a while in the US, I expect » Read More

Investing in wine doesn’t necessarily give a hangover

4th March, 2013 - Posted by admin - No Comments

Like many alternative investments such as fine art and vintage cars, wine investing has the reputation of being the preserve of rich investors searching for trophy assets. However, the proliferation of wine funds and the introduction of new investors from the Far East have altered the landscape. Wine as an asset class has outperformed the » Read More

A first mover’s gamble

4th March, 2013 - Posted by admin - 1 Comment

As Myanmar becomes Asia’s next frontier market, risks abound for the investor who makes the first move, says William Chan, Chairman and CEO of Singapore-based family office Stamford Management Group. For investors with a high risk tolerance, Myanmar may be a suitable gamble, says Chan, who noted the most impatient investors are typically entrepreneurs. “Since » Read More

Why wealthy Asians and Family Offices look at alternatives of alternatives as an asset class

21st December, 2012 - Posted by admin - No Comments

The challenges Running our family’s and client’s wealth has never been more interesting. The unfolding of significant events post-Global Financial crises (GCF) have influenced the perceptions of wealth and risks management of many significant Asian families. These events include: Banks and their negative image – money laundering activities and LIBOR scandals have limited the rekindling » Read More

The complexities of running a family office in Asia

6th December, 2012 - Posted by admin - No Comments

If you can’t hold a pair of chopsticks, then you can’t talk to a Chinese businessman,” says Cheong Wing Kiat, an executive director of Singapore-based Wen Ken Group, a single-family office which manages the wealth of the Wen Ken Drug Co., a Chinese medicine and health products maker started by four founding families in 1937. As Asia becomes home to the largest population » Read More

Keeping it in the family

22nd November, 2012 - Posted by admin - No Comments

Asian family offices are catching up with their Western peers in terms of sophistication and structure, but face challenges with regards to finding and rewarding staff. The Asian wealth boom of the past two decades has meant the number of dollar millionaires in the region has surpassed that in Europe and will soon overtake the » Read More

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