South East Asia is witnessing remarkable wealth creation, driven by strong GDP growth in countries like Singapore, Vietnam, Malaysia and Thailand, according to McKinsey’s 2024 report. The Asia-Pacific high-net-worth individual (HNWI) segment ranks as the second fastest-growing globally, with a 4.2% increase in wealth and a 4.8% rise in population in 2023, as highlighted by Capgemini. This rapid expansion has fueled significant demand for sophisticated and customized wealth planning solutions in the region.

The Monetary Authority of Singapore’s (MAS) recent proposal to broaden retail access to private market funds is a milestone in democratizing alternative investments. As access expands, ultra-high-net-worth individuals (UHNWIs) remain focused on long-term goals: wealth preservation, risk mitigation, and legacy planning.

Lioner International Group Ltd. (Lioner), a financial services pioneer, announced today the opening of its new Beijing office, enhancing its family office advisory offering in China as well as enabling greater synergy across the region through its offices in Hong Kong and Singapore, where it provides 3-in-1 insurance, trust, and family office advisory services for high-net-worth (HNW) clients. The opening of Lioner’s new Beijing office reinforces the company’s confidence in China's long-term economic growth and the country's prominent role in the global economy. In contrast to the Hong Kong and Singapore entities, Lioner’s Beijing office will not be operating as a broker in China. Its operations will solely focus on providing family office advisory services to their valued clients, an area currently in high demand in China.