Observers of financial and business news in Singapore might have noticed a trend in recent times the world s wealthiest individuals are increasingly setting up shop on our tiny island.
In the past few years, we ve seen Google co-founder Sergey Brin, British inventor and entrepreneur James Dyson, and son of Haidilao founders Zhang Hanzhi setting up family offices, and buying property here.
What are family offices ?
Family offices are described by
Investopedia as being advisory firms that manage the finances or investments of an affluent individual or family.
In other words, if you re a rich person with lots of money that you want to preserve for your lifetime and the next few generations, you might set up one of these offices to help you do that.
How CSC Global Financial Markets harnesses a 120-year-old legacy to solve 21st century business problems
CSC s Agnes Chen
January 7, 2021
With bespoke solutions and a customer orientation that’s above the industry norm, CSC is able to ensure that all parts of the client structure are well serviced and supported, says Agnes Chen,
CSC’s managing director for the Asia Pacific region.
CSC’s tagline ‘We are the business behind business’ would ordinarily come across as corporate hyperbole, but it has 120 years of experience to back the claim. The privately held company provides corporate services across an array of verticals. It has been a relevant and trusted partner by anticipating the needs of businesses around the world, serving 90 per cent of Fortune 500 companies. Its partner network includes 10,000 law firms and 3,000 financial institutions.