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Family offices in S’pore may face talent gap amid stronger demand
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Family offices are private firms set up by wealthy families to manage their investments and assets.
ST PHOTO: LIM YAOHUI
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While the entry of more family offices into Singapore will create economic value, these investment firms could soon face a shortage of experienced talent, practitioners warn.
Family offices are private firms set up by wealthy families to manage their investments and assets. There are around 700 here, up from 400 or so at the end of 2020.
