News and Information

Singapore's wealthy are increasingly turning to family offices to manage their assets, leading to a surge in demand for professionals with specialized skills. According to a recent article by WealthBriefingAsia, family offices in Asia are expected to double their assets under management to $5.3tn by 2025. This growth presents a significant opportunity for those looking to work in the family office industry.

However, the demand for specialized skills in this field has also increased. Singapore recently raised the minimum investment sum for ultra-rich individuals seeking permanent resident status, highlighting the country's focus on attracting high net worth individuals. As reported by Business Times Singapore, the minimum investment sum for a family office was raised to S$200 million, further emphasizing the need for professionals with specialized skills.

To succeed in this industry, professionals need to have a deep understanding of Mandarin and Chinese culture. The Financial Times reports that China's wealthy are increasingly investing their wealth abroad, creating a need for professionals who can navigate cross-border investments. In response to this trend, SCCIOB offers Business Mandarin courses tailored for family office and investment consultants.

At SCCIOB, we understand the importance of staying ahead of the game in today's competitive job market. With the increasing demand for skilled professionals in the family office industry, it's more important than ever to equip yourself with the necessary skills to succeed in this field.

That's why we're proud to offer our "Business Mandarin for Family Office and Offshore Trustees" and "Business Mandarin for Investment Consultants" courses. Designed specifically for professionals in the family office and investment industries, these courses provide a comprehensive understanding of the Chinese language and culture, essential for those who wish to excel in this field.

If you're looking to take your career to the next level, now is the perfect time to sign up for one of our courses. Check out the links below for more information and to sign up today:

• "Business Mandarin for Family Office and Offshore Trustees": https://www.scciob.edu.sg/programmes/be-china-ready/business-mandarin-for-family-office-and-offshore-trustees/
• "Business Mandarin for Investment Consultants": https://www.scciob.edu.sg/programmes/be-china-ready/business-mandarin-for-investment-consultants/

Investing in your skills is the key to success in today's job market, and SCCIOB is here to help you achieve your goals. Don't miss out on this opportunity to take your career to the next level - sign up for our courses today!

^{References:
Wealth Briefing Asia. (2022, March 1). Singapore's family offices face talent shortfall. https://www.wealthbriefingasia.com/article.php?id=197073}

^{Chong, C. (2022, February 25). Singapore raises minimum investment sums for ultra-rich seeking permanent resident status. Business Times. https://www.businesstimes.com.sg/singapore/singapore-raises-minimum-investment-sums-ultra-rich-seeking-permanent-resident-status}

^{Leahy, J. (2022, February 24). Singapore increases bar for wealthy foreign investors. Financial Times. https://www.ft.com/content/d74f0b64-7396-4fc4-a417-104775dc99c1}