Singapore ultra-rich families can learn from Swiss and Germans: UBS Wealth

Singapore

THE ultra rich in Protestant Switzerland and Germany may provide clues to how their Asian counterparts, especially those in Singapore, can preserve wealth across generations and ultimately how it trickles down to the rest of the economy.

UBS Wealth Management head of family advisory Eric Landolt said that the most crucial factor in avoiding the dilution of wealth is to be results oriented, and the Swiss and Germans are very good at this. "Typically these families are very, very strict when t…