HKTCM and IAM Reinforce Hong Kong Presence with Office Reopening Amid Rising Demand Cross-Border Wealth Structuring

The reopening reflects renewed confidence in Hong Kong’s role as a leading international
financial centre at a time when global demand for trust structures continues to expand. As a
partner of HKFA, the reopening of HKTCM’s office also represents an important milestone in
strengthening the broader ecosystem for cross-border wealth planning and fiduciary solutions.
According to a report published by KPMG and the Hong Kong Trustees’ Association, Hong
Kong’s trust sector has reached approximately HK$5,188 billion in assets, highlighting the
jurisdiction’s scale, maturity, and continued relevance within the global wealth management
landscape.

This growth is supported by broader structural trends across Asia, including the rise in high-net- worth and ultra high-net-worth individuals, the expansion of family offices, and increasing demand for succession planning and long-term asset protection.
As wealth becomes increasingly international and intergenerational transfer accelerates, trust
structures are playing a more central role in supporting governance, continuity, and cross-
border coordination.

“On our 11th anniversary, I would like to welcome everyone once again. What is our core idea?
Making trusts more accessible. I hope to bring Hong Kong’s strong solutions to a wider
audience, so more people can see and understand them,” said Mr. Cyril Yeung, Founder of
Hong Kong Trust Capital Management Limited and Honorary President of Hong Kong Fiduciary Association Limited.
Hong Kong’s trust regime benefits from established common law principles, a transparent
regulatory environment, and ongoing enhancements to fiduciary oversight. Together, these
characteristics support a framework that prioritises investor protection, operational integrity, and cross-border compatibility. These factors are increasingly important in a globally connected wealth environment.

The city’s continued development as a family office hub has further strengthened its ecosystem for wealth structuring. A growing network of trustees, asset managers, and professional advisers has contributed to an integrated platform capable of supporting sophisticated client requirements across multiple jurisdictions.

With the reopening of its Hong Kong office, HKTCM is expected to further enhance its ability to support cross-border fiduciary structuring, particularly for clients seeking long-term wealth
preservation, succession planning, and international asset coordination.

Looking ahead, HKFA and its strategic partners, HKTCM and IAM, expect demand for trust-
based solutions to remain supported by long-term macro trends, including wealth accumulation across Asia, increasing complexity in global asset allocation, and the continued
institutionalisation of family wealth management.

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