Series of thought leadership papers by Deloitte and UBS

Creating a shared future for generations: cultivating responsible stewards with family governance

Published Date: 14 April 2023

Long-term implications of global disruptions continue to evolve and impact policymakers, businesses and families around the world. In times of ambivalence, many families and their businesses are prioritizing family governance to effectively manage these uncertainties for a shared future, and capture opportunities amidst a rapidly changing macro-economic environment.  Every enterprising family is unique with a different trajectory of history and future aspirations. Therefore, it is paramount to establish a customized governance system that not only fits families’ needs and purposes, but also embraces changes and allows resilience for unpredictable futures.

Deloitte collaborates with UBS to launch this paper Creating a shared future for generation- cultivating responsible stewards with family governance. In this paper, we explore how business families in the Asian Pacific region consider their particular circumstances when developing family governance systems, the unprecedented challenges they encounter in recent global disruptions and the strategies they take for longevity. This paper is a part of the family office report series launched by Deloitte and UBS, which explores the trends and outlook of family offices, with topics ranging from family succession, family governance, succession planning to sustainable investing. 

We have summarized a few key takeaways from the white paper for your reference and considerations. For more information, please refer to the white paper.

Carrying the Torch: Passing on a lasting family legacy to future generations through family philanthropy

Published Date: 20 May 2022

Family philanthropy has long been perceived as a cornerstone of preserving family legacy, creating a continuation of family spirit and enhancing family engagement and identity. Deloitte collaborates with UBS to launch this paper Carrying the Torch - Passing on a lasting family legacy to future generations through family philanthropy, which focuses on the family philanthropy practices in the Asia Pacific region, and explores how these wealthy families, especially the younger generations, are leading their family foundations to create a lasting social impact while helping to preserve family legacy. This paper is a part of the family office report series launched by Deloitte and UBS, which explores the trends and outlook of family offices, with topics ranging from family succession, family governance, and the roles of next generation to sustainable investing.

Over the past few decades, Asia has amassed one-third of the world's wealth while witnessing incredible progress in areas such as education, life expectancy and infrastructure. Yet, the region remains home to two-thirds of the world's poor. Pressing global challenges such as the pandemic, natural disaster, and economic and social inequalities remain, together with the accumulation of private wealth, persistent economic inequalities, and a heightened awareness of social impact have all contributed to the rapid growth of charitable giving in the region.

Given the shifting landscape of global wealth, the role of the next generation continues to expand as they help this space evolve beyond traditional practices to create more lasting impact on their philanthropic efforts, while carrying on their family values, vision and sense of responsibility in giving back to society.

We have summarized a few key takeaways from the white paper for your reference and considerations. For more information, please refer to the white paper.

Legacy and Innovation: Family offices help transform and rejuvenate family businesses via private equity investments

Published Date: 10 September 2021

This white paper is a part of report series launched by Deloitte Private in collaboration with UBS to explore the trends and outlook of family offices, with topics ranging from family succession, family governance, and the roles of next generation to sustainable investing etc.

For centuries, succession and next generation development has always been at the top of the agenda for family enterprises. Both family businesses and the next generation of successors are constantly looking for ways to transform in order to find their place in a rapidly evolving world. In a world of relatively low fixed income yields, many family offices are looking at growth assets with attractive returns, including private market investments. Some family offices across the Asia Pacific have already initiated their journeys in private equity investments to embrace vigorous growth opportunities at home, while building up credentials and discovering their roles in their family business along the way.

We have summarized a few key takeaways from the white paper for your reference and considerations. For more information, please refer to the white paper.

Unlocking Family Wealth: Family Office as a Building Block of Intergenerational Succession

Published Date: 9 April 2021

In 2021, Deloitte will release a series of thought leadership papers to deeply explore the family office's challenges and appropriate approach in recent years, and how to effectively make the family business succession plan, with topics ranging from the role of the family office in intergenerational succession, the importance of family governance, family investment and next generation, and family business sustainability etc.