Family offices shift assets to Hong Kong, China and Europe from US: BNP Paribas

Family offices shift assets to Hong Kong, China and Europe from US: BNP Paribas

French bank says family offices are shifting assets away from the US thanks to tariffs and other trade tensions.

BNP Paribas WM: Asian FOs Lead in Succession Planning

Contrary to popular belief, Asian family offices are ahead of their regional peers when it comes to succession planning, according to a report by BNP Paribas Wealth Management. Nearly two-thirds (65 percent) of Asia Pacific family offices have a succession plan in place, according to a report by BNP Paribas Wealth Management and Campden Wealth. The region was the leader, ahead of North America (55 percent) and Europe (47 percent). For those in A…