Hong Kong Academy for Wealth Legacy

We are delighted to be part of the event - "From the Start: Advancing ECE for Lifelong Impact in Asia"! Great collaboration with Centre for Asian Philanthropy and Society (CAPS) and look forward to the next one! #HKAWL #FamilyOffice #Legacy #WealthLegacy #Training&Development? #Philanthropy #ImpactInvesting #LegacyDevelopmentGoals #LDGs #ImpactLink #CAPS #HongKong #FSDC #FSTB

We had a fantastic turnout for the Family Office Allocation Masterclass, organized by #HKAWL in partnership with Standards Board for Alternative Investments (SBAI) and supported by our Family Office Network Partner, NF Trinity. The session brought together insightful discussions led by our esteemed speakers: Mr. Richard Johnston, Chair of APAC Committee, SBAI Mr. Ash Gupta, Head of Asia ODD, Albourne Partners Together, we explored the evolving landscape of public market investments from the perspective of institutional investors. Key highlights of our discussions included: ? The Domination of Mega Multi-PM Platforms - understanding the implications for the industry ? Recovery of Asia Equities - insights from managers and allocators on current trends ? Asia Hedge Fund Performance in 2024 - a comparative analysis and future outlook ? Demand for IDD and ODD - addressing topical issues within the region We are grateful to all attendees for their contributions and engagement. The knowledge shared will undoubtedly shape the future strategies of family offices navigating these complex investment landscapes. Thank you to our partners and speakers for making this event a success! ? ? #HKAWL #FamilyOffice #Legacy #WealthLegacy #Training&Development #CapacityBuilding #WealthManagement #LegacyDevelopmentGoals #LDGs #SBAI #NFTrinity #HongKong #FSDC #FSTB

Invitation to participate in a Global FO Study Navigating Your Family Office – Across Generations #HKAWL is proud to be one of the global ecosystem partners of the Global Family Office study which IMD and FBN (Family Business Network) have launched, focusing on the owning family’s perspective. Building on the successful launch of the “Family Office Navigator” in 2023, the study aims to deepen the enquiry into the evolution of family offices and how enterprising families govern them. The purpose of the study is to:?? -?????????Better understand how the structure, purpose, and focus of family offices change over time. -?????????Analyze the types of governance that owning families put in place to oversee their family offices. -?????????Identify evolving trends in family office investment activities. The study includes an online survey, to be filled out by the principal family, and an optional follow-up phone interview. Members of enterprising families are invited to complete the survey at: https://lnkd.in/garXmnJr By joining this study, participants will gain valuable insights to benchmark their family office, enhance professionalization, and maximize long-term impact. The survey was launched in February 2025 and will remain open until April 15th?this year. All answers will be kept strictly confidential and be processed anonymously. Participants will receive an invitation to the launch event at IMD Lausanne and also benefit from a personal debrief session. We look forward to learning from your experiences and shaping the future of family offices together! ? #HKAWL #FamilyOffice #Legacy #WealthLegacy #IMD Peter Vogel #HongKong #FSDC #FSTB

#HKAWL hosted an inspiring seminar “HKAWL Next-gen Dialogue: From Family Legacy to Family Soft Power” at the newly relocated Sun Museum in Sai Ying Pun earlier this month. This event brought together thought leaders and family nextgens to explore how family legacies can evolve into powerful cultural influences. We were honoured to have Pauline Yeung, who co-authored the groundbreaking research, “From Family Legacy to Family Soft Power: Why Passion Matters for the Next Generation” with HKAWL Board Director Roger King. Her discussion on the concept of “#softpower” provided a compelling framework for understanding how families can shape societal values and aspirations through culture. She also shared various examples on how family nextgens lead the changes in different areas including culture, employment, health, youth, or technology, by leveraging their family and business resources. A special thank you to Chloe Suen, Chair of the Simon Suen Foundation and Founder of Sun Museum, for weighing in her experiences and her family’s own example. Chloe's dedication to the arts and her belief in the transformative power of culture resonated deeply with our attendees. Under her leadership, the Sun Museum has become a vibrant hub for cultural exchange, showcasing over 60 exhibitions and fostering community engagement. The sharing was a thought-provoking exploration of how family influence and artistic engagement can drive positive change. This seminar was not just an opportunity for learning but also a platform for meaningful dialogue among family office / family foundation representatives and next-generation wealth owners, emphasizing the importance of #legacy development in #artsandculture. Full Report - From Family Legacy to Family Soft Power: Why Passion Matters for the Next Generation: ?https://lnkd.in/gx6yru3p We look forward to continuing this conversation and exploring new pathways for #collaboration in the future. Thank you to everyone who participated and contributed to making this event a success! Stay tuned for more enriching programmes! #HKAWL #FamilyOffice #Legacy #WealthLegacy #CulturalSoftPower #Art&Culture #LegacyDevelopmentGoals #LDGs #SunMuseum #CommunityEngagement #ImpactLink #HongKong #FSDC #FSTB

We had the privilege of hosting an inspiring gathering earlier, bringing together the GSG Impact community, family offices, next-generation wealth owners and industry practitioners. A heartfelt thank you to everyone who joined us! We were honored to hear insightful sharing from Ms Elizabeth Boggs Davidsen, CEO of GSG Impact, and representatives from GSG Impact National Partners, including China, Japan, Korea and Thailand. The discussions illuminated the evolving landscape of #impactinvesting, showcasing the impact ecosystem building in the region. Special thanks to our moderator, Mr Yixing "Anthony" Gao, and all our speakers: Dr Duoguang Bei, President of Chinese Academy of Financial Inclusion Mr Masataka Uo, Founder & CEO of Japan Fundraising Association Mr Chul Woo Moon, Professor, Sungkyunkwan University Dr Boonwara Sumano, Senior Researcher at Thailand Development Research Institute We also extend our gratitude to the Chinese Academy of Financial Inclusion and Fai Wechayachai for their tremendous support. All your contributions were invaluable in making this event a success! Together, we are advancing the impact investment ecosystem, ensuring that every investment decision considers not just returns, but also the positive #impact on our communities and the world. Looking forward to our continued #collaboration and progress! #HKAWL #FamilyOffice #SFO #Legacy #WealthLegacy #ImpactInvesting #LegacyDevelopmentGoals #LDGs #GSGImpact #CAFI #FinancialInclusion #SustainableFinance #HongKong #FSDC #FSTB

“What is the best investment you’ve ever made?” Someone asked Bill Gates. “Gavi” … because the investment comes with such tangible impact, globally, and it’s ultimately protecting oneself with health security from the inevitability, the next pandemic. The Academy brought together our Directors, Advisors, stakeholders, family representatives, family office and family foundation leaders together in a Long Lunch with Professor José Manuel Barroso, Chairman of Gavi, the Vaccine Alliance. Gavi is an international organisation bringing together public and private sectors with the shared goal of saving lives and protecting people’s health by increasing equitable and sustainable use of vaccines. Since its founding in 2000, Gavi has helped vaccinate more than 1.1 billion children in 78 lower-income countries, preventing more than 18.8 million future deaths. A beautiful example Prof Barroso presented was the tangible transformation of health security of Indonesia. Once a receiver, Indonesia greatly benefited from the vaccination support from Gavi during the Covid pandemic, that the Health Minister pledges US$ 30 million to support global immunisation efforts through Gavi. Collaboration for global health security should unite everyone despite differences. Hong Kong plays a crucial role in fostering dialogue among stakeholders amid increasing polarization. Special thanks to Mr James Chen, Hong Kong’s home grown “moonshot” philanthropist, to moderate the discussion with Prof Barroso. James’ dedicated work in making eye care accessible and affordable to the 2.2 billion people globally who suffer from uncorrected poor vision, truly help contextualize the conversation for all families present. ? As the philanthropy community move towards collaboration for larger impact, challenges remain in harmonizing multiple stakeholders. Prof Barroso shared three tips from Gavi and European Union experiences for effective collaboration: 1.?????Focus on the mission: Prioritize vaccinating children despite bureaucratic hurdles. 2.?????Upstream preparation: Build consensus early to avoid open voting on decisions. 3.?????Empathy: Consider colleagues' perspectives during discussions. ? These insights can guide families in creating a focused legacy. ? The Impact Link by the Academy has been providing families, family offices and family foundations with access to world-class philanthropic and impact organizations and leading thought leaderships, to equip and empower families in their own journeys of identifying, strategizing, implementing and collaborating their own philanthropic endeavours. Stay tuned for more exciting programs! Gavi, the Vaccine Alliance Gates Foundation Alice Abou-Nader Ruixi Hao #HKAWL #ImpactLink #iLink #Philanthropy #Impact #ImpactInvesting #CapitalForGood #Legacy #WealthLegacy #FamilyOffice #HongKong #FSDC #FSTB

Congratulations on the successful conclusion of the Leaders of Luxury Summit 2024! ? #HKAWL was delighted to support this prestigious event hosted by Robb Report Hong Kong (Nexus Media Ltd) showcasing Hong Kong’s pivotal role in the international #luxury landscape. ? Our Executive Director Angel Chia, along with fellow speakers James Root & Chi-man Kwan, had an illuminating and entertaining exchange of opinions around the “Future Opportunities for Luxury Brands and Family Offices”. ? Firstly, let’s distinguish the difference of Family members, Family Business, and Family Offices, when one speaks of the involvement with Luxury. The relationship between family members (as consumers / collectors), family businesses (usually through strategic lens) is much more reasonable than that of family offices with luxury. ? Secondly, Single-Family-Office (SFO) or Multi-Family-Office (MFO) dealing in luxury? SFO is likely to execute the investments and management of luxury for the family (people & business). MFO tend to productize investments in luxury to offer to HNW clients as securitized investments. ? The panelists’ observations converge on the preference for luxury experience and experiential goods, particularly next-gen asset owners, the trend that is well backed up by Bain’s research. ? When considered “how can luxury brands better attract investments from family offices”, panel responded that it is FOs, rather, that need to demonstrate value beyond $$ to luxury, be it distribution, or operational expertise. ? As for luxuries attracting consumptions from next-gen asset owners, the key lies in building network effect, encapsulating lasting experiences, and facilitating HNWs to savour the most precious luxury: time. ? In the long lineup of luxury operator conversations, this session helped build a bridge for delegates between the world of luxury and the often-mystified field of family offices. Much remains to be revealed on how #nextgen wealth owners redefine luxury, with new demographics and motivations shaping the market. It's clear that the future of luxury is not just about products — it's about #relationships, #values, and understanding the evolving landscape. ? Thank you for having us and we are honoured to be part of the rich dialogue. Look forward to working collectively to drive the luxury industry forward! ? #HKAWL #FamilyOffice #SFO #Legacy #WealthLegacy #Luxury #luxuryinvestments #Art&Culture #LegacyDevelopmentGoals #LDGs #RobbReportHongKong #LeadersofLuxurySummit #HongKong #FSDC Financial Services and the Treasury Bureau (FSTB)

On November 26, #HKAWL hosted an insightful salon discussion featuring Cyrus Afkhami, Managing Director of 13D Research & Strategy, where we delved into the complex landscape of #geopolitical trends and their implications for the future of #finance and #investment. ? Cyrus took us on a history journey, highlighting how the slow unfolding of geopolitical shifts, which are shaped by the distribution of power, alliances, and institutional frameworks, shaping our geopolitical landscape. As we transition from a #unipolar to a #multipolar world, we must recognize the potential for volatility and conflict as these powers jostle for influence. Cyrus's insights serve as a reminder that understanding the historical context of our current realities is crucial for informed decision-making in investment. ? From the history of geopolitics, Cyrus also helped the family #nextgens relate to the historical context of money, illuminating Bitcoin's specific characteristics that position it as a superior digital form of #currency compared to gold and other assets. He underscored the significance of understanding the evolution of #money and the technological advancements that have shaped it. ? Cyrus’s analysis provides a compelling framework for understanding the future of money and the intersection of #technology, #politics, and #economics. In a world where geopolitical tensions and economic uncertainties are on the rise, understanding these trends is essential for crafting effective #investmentstrategies. ? Special thanks to Sebastian Contin Trillo-Figueroa for weighing in your geopolitics expertise to guide the participants through an enlightening fireside chat. ? The discussion was truly interactive and engaging, thanks to all the participants in the room! ? #HKAWL shall continue to facilitate the thought leadership amongst next-gen wealth owners by bringing in unparalleled insights. ? ? #HKAWL #FamilyOffice #SFO #Legacy #WealthLegacy #Geopolitics #InvestmentStrategy #ThoughtLeadership #WealthManagement #LegacyDevelopmentGoals #LDGs #13D Research & Strategy #HongKong #FSDC Financial Services and the Treasury Bureau (FSTB)

#HKAWL is proud to support Global Philanthropic in co-convening Talking Philanthropy: The Next Generation, alongside the Bill & Melinda Gates Foundation. Some 30 active stakeholders from family principals, next-gen asset owners, family foundations, NGO representatives and the academia came together around the table on November 21 to converse with each other, and exchange experiences, learnings, and challenges with esteemed guests including: Lady Edwina Grosvenor Ms Vasser Seydel of Turner Foundation who are joined in a panel discussion by Mr Ronald Chan. HKAWL Executive Director Ms Angel Chia presented the structure, partners, and the goals of #ImpactLink to all participants and invited the families to be a part of the initiative to further develop capacities as donors through peer exchange of best practices and learn from global leading philanthropies. We also had the great pleasure of having Dr. Falko Paetzold, Managing Director of the Center for Sustainable Finance and Private Wealth of the University of Zurich, to share with the room an interactive workshop on “Systemic Investing: The key new strategy on how families are building strong, impactful portfolios across all of their assets”. At HKAWL, we are committed to curating capacity-building resources from global thought leaders to empower family principals and next-gen philanthropists in building their legacies through strategic and collaborative philanthropy. Hong Kong, as the philanthropy hub for families, shall continue to empower wealth owners towards their journeys of strategic and collaborative philanthropy and #ImpactLink shall actively work towards assisting to amplify their impact. #HKAWL #ImpactLink #iLink #Philanthropy #Collaboration #Impact #WealthLegacy #FamilyOffice #SFO #TalkingPhilanthropy #HongKong #FSDC Financial Services and the Treasury Bureau (FSTB)

The Hong Kong Academy for Wealth Legacy (#HKAWL) was honoured to host an engaging salon on November 2, featuring Peter Singer, one of today’s leading voices in moral philosophy and applied ethics. Moderated by Brian Wong, Assistant Professor at the University of Hong Kong and Chief Strategy Officer of the Hong Kong-ASEAN Foundation, the session gathered representatives from local and international families and family offices to explore the intersections of #philanthropy and ethics. Prof. Singer introduced utilitarianism as the foundation of his ethical philosophy—the idea that morally correct actions maximise the greatest good for the greatest number. He explained how this principle naturally aligns with effective philanthropy, which directs limited resources toward causes that deliver the most significant and measurable impact. The discussion highlighted actionable insights for effective charitable practices, including the importance of balancing personal initiatives with contributions to highly effective charities. As the founder of The Life You Can Save, an organisation that evaluates the cost-effectiveness of charities worldwide, Prof. Singer gave tailored recommendations of high-impact charities across diverse sectors to attendees, and pinpointed the challenges of quantifying philanthropic impact. The panel also discussed strategies for engaging next-generation wealth owners in philanthropy and how charities can help nurture financial literacy among youth in underdeveloped regions, ensuring future leaders are empowered to drive transformative change. As part of HKAWL’s Impact Link (#iLink) thought leadership initiative, the event facilitated valuable connections between families and global experts, reinforcing Hong Kong’s position as a hub for family offices and impactful giving. We extend our deepest gratitude to Prof. Singer and our distinguished participants for inspiring thoughtful, effective philanthropy. #HKAWL #FamilyOffice #SFO #Philanthropy #Workshop #Collaboration #ImpactInvesting #Legacy #WealthLegacy #ImpactLink #iLink #LegacyDevelopmentGoals #LDGs #HongKong #FSDC Financial Services and the Treasury Bureau (FSTB)