Strategy
Asian MFO Enters Partnership With Juventus

The collaboration is an example of how banks and other financial institutions support and partner with sports teams and specific events to convey a certain image.
Raffles
Family Office has entered a three-year partnership with
Italian football club Juventus, another example of
how banks and wealth managers promote brands via sports
connections.
The partnership kicks off from the 2020/2021 season, RFO, which
is based in Hong Kong, said in a statement yesterday.
Under the agreement, the multi-family office will be recognised
as the club’s official regional partner in Asia across five
markets, including mainland China and Singapore.
The organisations will collaborate on branding and marketing
actions such as exclusive incentives for RFO’s ultra-high net
worth clients, business partners and employees. The club aims to
bring its First Team members to Asia in the upcoming seasons.
“This partnership, which is one of the very first since the
establishment of our APAC Branch in late 2019, truly demonstrates
the significant success of our presence in the market –
particularly in Greater China,” Federico Palomba, managing
director of Juventus APAC, said.
A number of banks and wealth management organisations sponsor and
partner with sports institutions to build brands and associate
qualities in clients’ minds, such as competitiveness, health and
passion for excellence. Examples include UBS and Formula 1 motor
racing, HSBC and the rugby Sevens, BNP Paribas and the
international tennis circuit, and Standard Chartered and
Liverpool FC.