Family Office
Asia-Based Family Offices Group, Singapore Exchange Forge Partnership
The partnership will cover education programmes, and the groups will explore the viability of promoting a trading platform for family offices in Asia.
The Association of Family Offices in Asia has teamed up with Singapore Exchange, the jurisdiction’s stock market, so that AFO members can use SGX’s trading platform and research resources. The pact will enable the association to work with the exchange on market education programmes.
Both parties will also explore the possibility of promoting the SGX Bond Pro trading platform among family offices in Asia in order to facilitate secondary trading of bonds among family offices and institutional investors.
“AFO is glad to support our family office members and industry connectors in accessing opportunities available on SGX and to create value in their endeavour to pursue self-directed income generating investments. We believe the partnership with SGX enables investors and SGX to enjoy the benefits brought by the development of market infrastructure in Asia,” Eva Law, chairman and founder of the Association of Family Offices in Asia, said.
The AFO has more than 9,000 institutional connectors and hundreds of single and multi-family office members, with investing net worth typically in excess of $50 million.