Unrest in Europe sparks interest in Singapore as a family office hub, says DBS executive - The Business Times

[SINGAPORE] The ongoing unrest in France has prompted enquiries from established family offices in Europe, which are keen to begin deploying capital to Singapore to mitigate geopolitical risk.

Lee Woon Shiu, DBS’ group head of wealth planning, family office and insurance solutions, said Singapore is emerging as a credible “Plan B” for European families which have been traditionally inward looking.

Beyond France, protestors have also marched elsewhere in Europe in October; unrest has broken out in Lisbon and Madrid, for instance, over the rising cost of living, among other issues.