Malaysia's family office scheme reaches RM20.8 billion as Budget 2027 adds a multi-family office model
Asia Asset Management · 2026-10-14
Malaysia's Securities Commission said its single family office incentive scheme now has about RM20.8 billion (US$5.09 billion) in indicative AUM. Budget 2027 adds a multi-family office model and extends Islamic fund management tax breaks, sharpening Malaysia's bid to rival Singapore and Hong Kong as a wealth hub.
Vocabulary
Read source ↗- indicative assets under managementestimated AUM based on commitments, not yet fully confirmed
- full-service wealth management huba centre offering the complete range of wealth services
- single-submission arrangementone filing accepted by two regulators