How Hong Kong family offices navigate generational divides

Family offices based in Hong Kong underscore sound governance and effective education to navigate conflicts between principals' personal preferences, generational divides and prevailing market conditions. “We need to make sure the guidelines of the investment committee are in line with what the principal may want. Sometimes it’s not in line, and it is our job to actually tell them at that time, where and why we should invest, and how we are looking at the risk management and risk-…