HONG KONG – Many Hong Kong-based family offices are planning to add exposure to private equity and digital assets over the next three years, according to a report commissioned by local authorities.

Interest from wealthy families in those assets, alongside private credit and venture capital, are expected to “rise notably,” the Hong Kong Institute for Monetary and Financial Research (HKIMR) wrote on March 10

Hong Kong has sought to encourage more wealthy individuals and their families to anchor their investments in the city, as it aims to be the link between mainland China and global markets. The number of single-family offices based in the financial hub rose to 3,384 by the end of last year, a 25 per cent increase from 2023,…