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Asian millennials are expected to inherit more than a third of the world's wealth by 2030, and a new service in Asia aims to help them do just that.
The philanthropic arm of Singapore's sovereign wealth fund, Temasek Trust, has launched TT Foundation Advisors (A), a one-stop independent provider of philanthropy advisory and management services to philanthropic foundations, family offices, business corporations, philanthropists, and charities across Asia, reports the Wall Street Journal.
TTFA, led by philanthropy advisory services industry veteran Dickson Lim, has been set up to meet this increased demand, it says, and aims to build regional philanthropy capabilities by improving access to philanthropy advisory and management services.
The provider, it shares, will harness Temasek Trust's networks, capabilities, and resources, as well as the expertise and evidence-based interventions across the wider philanthropic ecosystem, and partner with clients to deliver strategic and impactful solutions."
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