OCBC takes HNWI banking to next level as clients grow ‘more cosmopolitan and sophisticated’: Helen Wong
She says that the conversation is no longer centred on what to invest in, but on how to safely pass their wealth and businesses to the next generation
AS ASIAN wealth increases, more high-net-worth individuals (HNWIs) in Asean are becoming interested in preserving their wealth across generations, said OCBC group chief executive Helen Wong.
“HNWIs have become more cosmopolitan and sophisticated in the way that they run their investments and manage their wealth,” said Wong on the sidelines of OCBC’s media briefing in Hong Kong.
She pointed to such HNWIs hiring professionals, establishing family offices and diversifying their assets as examples of how they manage wealth now, with a focus on preserving wealth for generational transition.
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