Media OutReach
Family Offices in Asia Pacific Prioritize Next-Gen Education Amidst Wealth Transfer, Demonstrate Proactive Response to Market Volatility: Citi Wealth 2025 Survey Reveals
– Demonstrating proactive response to market volatility and strong optimism for portfolio returns, with a significant portion expecting returns over 5% for the year.
HONG KONG SAR /SINGAPORE – Media OutReach Newswire – 16 September 2025 – Citi Wealth today released its 2025 Global Family Office Report, offering a rare glimpse into the thinking and behaviors of some of the world’s most sophisticated investors, including the dynamic trends in the Asia Pacific (APAC) region. The report was compiled by Citi Wealth’s Global Family Office Group, which works with over 1,800 family offices worldwide.
Amid trade policy uncertainty, geopolitical tensions and technological transformation, this flagship publication explores issues such as investment sentiment, portfolio actions and operational best practices. Its findings are drawn from an annual survey, in which a record 346 family office respondents from 45 countries participated – with 29% from APAC. Conducted in June and July 2025, the survey sheds light on how expectations and strategies have changed since the U.S. tariff announcements earlier this year, and highlights APAC family offices as proactive leaders in internationalization and next-generation wealth education.
“These are exciting times for family offices worldwide,” comments Hannes Hofmann, Head of Citi Wealth’s Global Family Office Group.” These sophisticated clients are finding new ways to address their families’ ever-increasing expectations. Our 2025 report highlights how they are refining priorities, reimagining their operations and seeking to build resilient portfolios. We are proud to partner with them, drawing upon Citi’s global reach and deep resources to help them seize potential opportunities and achieve their ambitious goals.”
Within APAC, key themes that emerged from this year’s survey include:
- Top Concerns: Survey respondents highlighted trade disputes (61%) and U.S.-China relations (53%) as their primary concerns related to investment strategies.
- Bullish Outlook: A strong majority (83%) of APAC family offices anticipate portfolio returns above 5% this year.
- Strategic Investment Shifts: Asia Pacific family offices responded more vigorously to the tariff turmoil than global counterparts, leading the way in allocating to perceived defensive asset classes (39%), geographies (22%) and sectors (17%).
- Strong Internationalization: Families from APAC were among the most international, with 76% having a global footprint.
- Preparation for the Next-Generation: The region leads with 43% of wealth under second-generation control, indicating a maturing market. Opportunities for education about family wealth (73%) were most common, which may relate to the upcoming wave of wealth transfers between first and second generations.
- Gaps in Technology Adoption: 44% of respondents lack cybersecurity offerings, highlighting a potentially urgent area for development.
“The 2025 report clearly signals a new era for family offices in Asia Pacific,” says Bernard Wai, Asia Pacific Head of Citi Wealth’s Global Family Office Group. “We are seeing a proactive and highly confident approach to investment, particularly in public equities, coupled with a commendable dedication to nurturing the next generation of wealth stewards and embracing a global outlook. This region is truly setting the pace for wealth management evolution, and Citi Wealth remains deeply committed to supporting their continued growth and strategic development.”
Globally, key themes that emerged from this year’s survey include:
- Staying Resolute: Asset allocations were largely held steady, with family offices making fewer shifts than last year, pending greater clarity on trade policy. Among those implementing changes, bullish moves predominated. Private equity saw the most positive activity.
- Optimistic Outlook: Family offices expressed optimism about 12-month portfolio returns, despite limited consensus about which asset classes might drive performance. Potential U.S. deregulation, interest rate cuts and advances in artificial intelligence may explain positive sentiment.
- Active Response to Market Volatility: U.S. tariff announcements triggered swift, calculated adjustments to bolster portfolio resilience, with 39% of family offices favoring active management. They also pivoted toward perceived defensive asset classes and geographies as well as hedging strategies.
- Strong Commitment to Direct Investments: Seventy percent of respondents said they were engaged with direct investments. Of those, four out of ten said they had increased or significantly increased their activity in the last year, suggesting confidence in their ability to select deals that drive returns.
- Geopolitical Concerns: Global trade disputes emerged as a top concern (60%) for family offices, followed by U.S.-China relations (43%) and a resurgence of inflation (37%). Geopolitical tensions and government initiatives to attract capital are fueling interest in asset location and a re-evaluation of jurisdictions.
- Professionalization Gaps: While family offices have made progress in professionalizing their investment function, more improvement is needed in operational risk management, cybersecurity and leadership succession planning.
- Outsourcing Services: To manage their growing responsibilities in a cost-efficient manner, many family offices are considering external suppliers, but with decision-making authority largely remaining in-house.
- Advancing AI Deployment: The proportion of respondents mentioning they had deployed AI has doubled since last year, particularly in the automation of operational tasks and investment analytics. However, full integration will take time.
“Family offices globally remain highly focused on direct investing, as they seek exposure to the key transformative technologies of tomorrow and attractively valued companies across sectors,” says Dawn Nordberg, Head of Integrated Client Engagement for Citi Wealth. “We have a specialist team that works alongside colleagues from Citi’s world-class investment bank. Our mission is to enable our sophisticated family office clients to access proprietary private capital raises, asset divestitures, and thought leadership across industries and geographies to support their direct investing.”
About the Survey
This year’s survey was initiated during Citi Wealth’s tenth annual Family Office Leadership Summit in June 2025. The event was attended by over 150 family office leaders from more than 25 countries, with an average family net worth of $3.8 billion. The 56-question survey was subsequently opened to the wider population of family office clients globally.
About the Global Family Office Group
Citi Wealth’s Global Family Office Group serves single family offices, private investment companies and private holding companies, including family-owned enterprises and foundations, around the world. The team offers clients comprehensive private banking and advisory services, institutional access to global opportunities and connections to a community of like-minded peers.
Hashtag: #Citi
The issuer is solely responsible for the content of this announcement.
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
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Media OutReach
Cyber and Supply Chain Risks Reshaping Japan’s Business Landscape, Aon Survey
- “Geopolitical Volatility” is a top five current and future risk, highlighting the growing instability across the region
- 83 Percent of Firms Report Rising Insurable Risk Costs
TOKYO, JAPAN – Media OutReach Newswire – 12 February 2026 – Aon plc (NYSE: AON), a leading global professional services firm, has released the Japan findings of its 2025 Global Risk Management Survey. The survey reveals that Japanese businesses are navigating a complex landscape marked by persistent cyber threats, supply chain disruptions and weather/natural disasters. The survey, which gathered insights from nearly 3,000 risk managers, C-suite leaders and executives across 63 countries, highlights the unique risks Japan businesses are facing amid global disruption.
Japan’s Top Risks:
“Cyber Attacks/Data Breach” remains the top risk for Japanese businesses, consistent with global trends. “Supply chain or distribution failure” ranks second, as extreme weather events and mounting geopolitical volatility including shifting trade policies force companies to reassess their supply chains. In addition, “Product Liability/Recall” and “Exchange Rate Fluctuation” pose significant risks, reflecting the country’s manufacturing strength and exposure to global market volatility. Notably, 63.6 percent of Japanese respondents reported losses due to product liability or recall issues and 47.6 percent cited losses from exchange rate fluctuations.
Tatsuya Yamamoto, CEO of Japan at Aon, said, “Japanese organisations are operating in an environment of unprecedented complexity. Cyber, weather and geopolitical risks continue to be acute challenges for Japan businesses, underscoring the need for robust risk management frameworks and agile strategies. As market trends shift and competition intensifies, vigilance and adaptability will be key. The interconnectedness of risks – where a cyber attack can disrupt supply chains or geopolitical volatility can trigger regulatory changes – demands a holistic, proactive approach to resilience.”
2025 Top 10 Business Risks in Japan
- Cyber Attacks/Data Breach
- Supply Chain or Distribution Failure
- Weather/Natural Disasters
- Geopolitical Volatility
- Business Interruption
- Economic Slowdown/Slow Recovery
- Exchange Rate Fluctuation
- Commodity Price Risk/Scarcity of Materials
- Product Liability/Recall
- Failure to Attract or Retain Top Talent
Risk Management: Formalisation and Focus on Insurable Risks
Japanese organisations demonstrate a strong commitment to risk management, with 74.7 percent having a formal risk management and insurance department, compared to 68.4 percent globally. Additionally, 75.3 percent measure the total cost of insurable risk and 83.3 percent report that these costs are increasing. While risk awareness is rising, most organisations have yet to quantify their exposures or leverage advanced analytics.
Japanese Businesses Risk Management Assessments for Top Three Risks
For “Cyber Attacks/Data Breaches”:
- 27.2 percent have assessed the risk
- 12.6 percent have developed continuity plans
- 22.3 Percent have risk management plans
For “Supply Chain or Distribution Failure”:
- 25 percent have assessed the risk
- 20 percent have developed continuity plans
- 26.7 Percent have risk management plans
For “Weather/Natural Disasters”:
- 24.1 percent have assessed the risk
- 22.4 percent have developed continuity plans
- 13.8 percent have risk management plans
Future Risks: Rapidly Changing Market Trends and Geopolitical Volatility
Looking ahead, Japanese organisations expect “Weather/Natural Disasters” and “Geopolitical Volatility” to remain critical risks, alongside “Rapidly Changing Market Trends,” which is more prominent in Japan than globally. This highlights the country’s exposure to climate events and evolving consumer preferences.
Japan’s Top Five Future Business Risks by 2028:
- Cyber Attacks/Data Breach
- Weather/Natural Disasters
- Geopolitical Volatility
- Rapidly Changing Market Trends
- Increasing Competition
Shinichi Kandatsu, head of Commercial Risk Solutions for Japan at Aon, said, “Cyber and weather-related risks continue to lead the rankings as top concerns for Japanese businesses today and in the future, with geopolitical volatility also ranking among the top five risks across both periods. This trend reflects the growing instability across the region, with implications for supply chains, regulatory environments and financial performance. In today’s fast-moving market, leveraging advanced data analytics is essential for businesses to anticipate emerging risks, optimise risk capital and build resilience. The findings from Aon’s Global Risk Management Survey provide Japanese businesses with actionable information to benchmark their risk strategies and identify areas for improvement.”
To access the full report and explore how Aon is helping clients navigate today’s disruption dynamic, visit Global Risk Management Survey Japan
Hashtag: #Aon
The issuer is solely responsible for the content of this announcement.
About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that help protect and grow their businesses.
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Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.
Media OutReach
Sustainable seafood matters to eight in ten consumers, leading to calls for retailers to support sustainable choices
MSC calls on retailers to increase their offer of sustainable seafood products ahead of the Chinese New Year, in response to insights from consumers
SINGAPORE – Media OutReach Newswire – 12 February 2026 – As families across Singapore and Malaysia prepare to toss yusheng and serve whole steamed fish for Chinese New Year, new research reveals a striking disconnect: more than eight in ten Malaysians (85%) and nearly three-quarters of Singaporeans (74%) say sustainable seafood matters to them.
Despite actively seeking out sustainable sources, a YouGov survey commissioned by the Marine Stewardship Council (MSC) found that more than half of Singapore consumers (58%) have never noticed an eco-label when shopping. Recognition of the MSC blue ecolabel label sits at 21%.
With seafood consumption expected to rise during Chinese New Year as celebrations take centre stage, it’s a critical moment for sustainable shopping choices.
Malaysia consumes more than double the global average per capita (49 kg versus 21 kg globally), while Singapore imports most of its seafood supply. Without clear labelling and retailer commitment, consumers who want to make sustainable choices often cannot.
In Malaysia, where fishing remains central to coastal livelihoods, 75% of Malaysians believe support and resources are essential for local fishermen to fish responsibly and sustainably.
In Singapore, where nearly all seafood is imported, consumers look to retailers and regulators for assurance, with 55% citing government standards and 54% citing origin information as key drivers of confidence.
“When asked what sustainable seafood means to them, consumers demonstrated a sophisticated understanding: 62% of Singaporeans and 56% of Malaysians associate it with well-managed fisheries operating under clear rules.
“It’s clear that consumers are ready and willing to seek out credible certification, so we’re urging retailers and businesses to make MSC eco-label products visible and accessible,” saidAnne Gabriel, Program Director for Oceania and Singapore at the Marine Stewardship Council.
The research also highlights expectations of retailers. More than half of Singaporeans (52%) believe supermarkets should commit to sourcing sustainable seafood. Even amid cost-of-living pressures, 38% say they are willing to pay more for sustainably sourced seafood, while many others say clear labelling would help them make better choices within their budget.
The findings suggest that as festive demand peaks, clearer eco-labelling could help consumers align their values with their shopping – without changing what’s on the dinner table.
Shoppers can find MSC certified sustainable seafood at Cold Storage Singapore, FairPrice Group and Prime Supermarket in Singapore, and at AEON Retail, Jaya Grocer and Village Grocer in Malaysia.
Key findings at a glance
- 85% of Malaysians and 74% of Singaporeans say sustainable seafood is important
- 63% (MY) and 58% (SG) have never noticed any eco-label on seafood
- 75% of Malaysians believe fishermen need support to fish sustainably
- 52% Singaporeans say retailer commitment to sustainable sourcing would encourage them to choose sustainable seafood
- Malaysia consumes 49kg of seafood per capita annually vs 21kg global average, sources from Malaysia – Fishery and Aquaculture Country Profiles
About the research
The survey was conducted by YouGov on behalf of the Marine Stewardship Council between 15-19 January 2026. The sample comprised 1,007 adults aged 18+ in Singapore and 1,003 adults aged 18+ in Malaysia. Data was weighted to be representative of the adult population in each country.
Hashtag: #TheMarineStewardshipCouncil #MSC
The issuer is solely responsible for the content of this announcement.
About the Marine Stewardship Council (MSC)
The Marine Stewardship Council (MSC) is an international non-profit organisation. Our vision is of the world’s oceans teeming with life, and seafood supplies safeguarded for this and future generations. Our blue fish ecolabel and fishery certification program recognises and rewards sustainable fishing practices. When you see the blue fish label, you can trust the seafood was caught sustainably. For more information visit msc.org
Media OutReach
ATPI Strengthens Taiwan Presence with Award-Winning Travel Management Solution
2025 Global Travel Management Company of the Year recognition affirms ATPI’s leadership in localised, enterprise-ready travel management
TAIPEI, TAIWAN – Media OutReach Newswire – 12 February 2026 – ATPI Taiwan continues to strengthen its position as a trusted global travel management partner for organisations operating in Taiwan, following the recognition of ATPI’s Hong Kong and Singapore operations as Global Travel Management Company of the Year at the Travel Daily Media Travel Trade Excellence Awards 2025.
The Travel Daily Media Travel Trade Excellence Awards – Asia recognises organisations demonstrating excellence in operational delivery, technology integration and service innovation. ATPI was recognised for its ability to deliver globally integrated travel programmes supported by personalised service, secure platforms and disciplined governance across complex, multi-market environments.
Building on these globally recognised capabilities, ATPI Taiwan operates as a professional travel management organisation purpose-built for multinational and technology-driven enterprises. Its local operating model addresses key structural gaps in Taiwan’s corporate travel landscape, where many providers remain leisure-focused and reliant on manual processes that limit transparency, control and scalability.
A defining differentiator is financial transparency. Unlike traditional agencies that issue a single “all-in” receipt, ATPI Taiwan provides two separate documents:
- a Travel Agency Receipt detailing the net ticket fare; and
- a Government Uniform Invoice (GUI / 發票) clearly itemising the agreed service fee.
ATPI is currently the only travel management company in Taiwan offering this structure. The model enables procurement and finance teams to perform audit-level cost analysis, eliminates hidden mark-ups and supports compliance requirements for publicly listed, multinational and technology-led organisations.
ATPI Taiwan’s cloud-based global travel management platform integrates directly with ATPI’s worldwide traveller profile and governance framework. This enables organisations to enforce consistent travel policies, approval workflows and duty-of-care standards across Taiwan and international markets. Centralised dashboards provide real-time visibility of both Taiwan and global travel spend, supporting procurement oversight, financial control and data-driven decision-making for high-volume international travel programmes.
Data security is another critical differentiator. While traveller information in Taiwan is often collected via unsecured consumer messaging platforms, ATPI Taiwan operates in line with ATPI Global Standards and international data protection protocols. Traveller data is managed through the ATPI e-Profile platform, supported by PCI-compliant secure links for document submission and mandatory quarterly data-security training. To date, ATPI Taiwan has maintained a zero data-misconduct and zero data-leakage record.
ATPI also provides professional 24/7 global emergency support through its World Support Centres (WSC), ensuring continuity across time zones with full system access and defined escalation protocols — capabilities essential for mission-critical and time-sensitive travel.
“Our focus is on delivering enterprise-grade travel management that combines global consistency with local precision,” said Kelly Jones, Managing Director – Southeast Asia, China, Hong Kong & Taiwan, ATPI. “Clients choose ATPI not only for our global reach, but for the governance, transparency and personalised service that allow their travel programmes to operate with confidence and control.”
“These capabilities translate directly into measurable outcomes for our clients,” added Asa Yang, General Manager, ATPI Taiwan. “In one recent case, our team conducted a strategic fare analysis for a complex five-destination itinerary and identified a more cost-effective routing. Instead of retaining the price differential, we returned 100% of the savings to the client, delivering a direct saving of TWD 160,000. This reflects our commitment to financial transparency, integrity and proactive programme management.”
The dual awards further reinforce ATPI’s long-standing leadership in corporate and specialist travel management. Following ATPI’s acquisition by Direct Travel in September 2025, the combined organisation operates as a global travel management group, bringing together international scale and personalised service across corporate and complex travel sectors, including marine, energy, mining, sports and group travel. Together, Direct Travel and ATPI manage more than USD 6 billion in annual travel volume, with operations spanning over 100 countries across the Americas, Europe, Asia Pacific, Africa and the Middle East.
Hashtag: #atpi #corporatetravelmanagement
https://www.atpi.com/
https://www.linkedin.com/company/atpi
The issuer is solely responsible for the content of this announcement.
About ATPI
ATPI is a global leader in travel and event management, renowned for delivering innovative and highly tailored solutions across various industries including corporate, marine, mining, energy, sports, and group travel as well as event management services. Founded in 2002 and headquartered in Manchester, UK, ATPI employs approximately 2,500 people and has an operations network that spans across 100+ locations on six continents. Their robust global footprint, combined with deep local expertise, allows them to meet the unique and complex needs of a diverse clientele.
In September 2025, ATPI was acquired by longstanding partner Direct Travel to create a global Travel Management powerhouse.
About Direct Travel, Inc.
Direct Travel is one of the world’s largest travel management companies, focused on delivering exceptional, groundbreaking solutions to every client and traveller. With a long history of proven market expertise, we blend advanced technology, superior service, and expert insights to drive tangible value and meaningful savings—offering solutions across Corporate Travel, Leisure Travel, and Meetings & Events.
Through Avenir, our next-generation platform developed with leading technology partners, we provide the industry’s broadest inventory and a modern, real-time shopping experience that empowers travellers and simplifies programme management. What truly sets us apart is the human care behind the technology: an experienced, passionate team dedicated to anticipating needs and delivering exceptional service at every step.
For more information, visit
www.dt.com.
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