global wealth

Hong Kong overtakes Switzerland as top offshore wealth hub

This comes as global private fortunes expand at their fastest clip since 2021

The panellists discussed collaborative projects, taking risks in philanthropy and crises.
TAKING HEART

Cross-sector collaboration needed to tackle social impact: panel

Crises present opportunities for philanthropy to step up and fill the gaps, panellists add

The UK’s reputation as a destination for globally-mobile rich investors has taken a hit in recent years.

UK explores ‘invite-only’ investor visa with £5 million cost

The government began drawing up plans last year for a special visa for foreigners who invest significant sums in Britain

Christoph Courth, global head of philanthropy services at Pictet Wealth Management, says there is a push for blended finance in the philanthropy space.

Singapore’s ‘safe-haven’ status, stability attractive for philanthropists setting up foundations: Pictet

Experts say tax incentives are not a big push for wealth-holders, but an added benefit

To be a trusted wealth adviser, private banks and advisory firms have to extend themselves into areas not traditionally the domain of banking and investments.
THINKING ALOUD

How advisers can play a trusted role in families’ ‘great wealth transfer’

They must take on a stewardship role, just as families must themselves serve as stewards of their assets and legacy

Dubai has assembled a powerful formula for attracting wealth, but the ongoing Gulf conflict has put geopolitical risk back at the centre of investors' minds.
THE BROAD VIEW

As war unsettles the Gulf, wealthy families reassess where to place capital and relocate

The UAE has long drawn mobile wealth and global talent, but investors may now be considering Singapore and Hong Kong

Singapore minted 35 new billionaires between 2021 and 2026, Knight Frank's Wealth Report showed on Thursday (Apr 23).

Singapore billionaire population more than doubles as Apac wealth surges: Knight Frank

The number of ultra-high-net-worth individuals has grown by 54.5% in 2021 to 7,171 this year

Group head of DBS Private Bank Joseph Poon (4th from right) at the Euromoney award ceremony.

Innovating and disrupting itself is what helped DBS win award for world’s best private bank

DBS is the first Asia-headquartered bank to land this recognition from Euromoney

Dubai alone is home to family offices that control more than US$1.2 trillion.

Asia’s ultra-rich having second thoughts on Dubai as war rages

The city’s stunning growth has lured the global rich, along with a clutch of banks and Wall Street money managers