Key facts
- Wealthy European clients are showing increased interest in setting up family offices in Hong Kong.
- BNP Paribas has observed this trend among its clients.
- Hong Kong's financial infrastructure is a key attraction for these clients.
Wealthy clients from Europe are increasingly exploring Hong Kong as a location to establish family offices, according to insights from BNP Paribas. The banking giant has noted a rising interest among its European clientele in setting up these specialized wealth management structures in the Asian financial hub. Hong Kong's established financial infrastructure is cited as a primary draw for these potential family office setups.