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Artificial intelligence is becoming an increasingly popular topic among family offices in Singapore and a wide Asian region, LH Koh, head of the director and head of the global family and institutional wealth in UBS, CNBC’s CNBC said Get off live Event in Singapore last month.
“Our family office customers focus on this as perhaps the most interesting and important sector,” he said with Robert Frank with CNBC.
Koh, whose customers are in the Asia-Pacific region, believes that “the tendency of focus on the II will still continue”.
He brought a 2024 UBS survey It turned out that more than three quarters of the family are trying to invest in generative II in the next two to three years.
Tuck Meng Yee, founder and partner of JRT Partners, office with family, repeated Koch’s comments.
Robert Frank, who is talking to guests with CNBC guests, live in Singapore.
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Yee, whose firm accepts the “Settings style, multi-seat” approach, says it closely monitors the aspect of the AI theme classification.
Companies in this space in which it invest includes Cognaize, Armenian software development firm.
Another Yee company is invested in a construction technical company, which has offices in Qatar and Poland.
Family offices are also looking for opportunities in the Chinese space II.
The appearance of Deepseek has pushed China to the forefront to do much more, especially in the II, which is much less available to them. So, I think it’s pretty interesting, “said Schrihara Kumar, the founder of One-Family Office LionRock Capital.
UBS ‘Koh also pointed to “new enthusiasm for what will happen (sector II) in China, and it remains a very interesting space for investors.”
Investor interest in China has fallen in the light of its slow economy in recent years, but it may change quickly.
Kumar noted that China has made a “smaller part” of investor portfolios. But, he added, there were changes when investors are looking for opportunities in the country Beijing’s stimulation measures to enhance the Chinese economy and technology sector.
“For us, and I think we talk to other family offices, they say, ‘Good, how can we reinvest in China? “And I think (interest in China) is definitely increasing,” Kumar said.
Earlier, 40% of his portfolio was invested in the US, 40% in India, and the remaining 20% in the rest of the world.
Now, Kumar said, he “looks more at China”, investment in the public market and the technology sector for investment capabilities.