Private wealth
Riding on the appetites of the wealthy by investing in luxury carries risks
Tastes change, operating environments are tricky, competition may intensify and rich folk may be political targets
Wealthy Asian families face succession woes as scions have different ambitions, mindsets: report
The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution
HSBC launches ‘entrepreneurial wealth proposition’ in Singapore
A recent report by the lender names the Republic as entrepreneurs’ top destination for wealth and relocation
Why are millionaires leaving Vietnam?
Even as the rich move money and citizenship abroad, Vietnam is trying to lure talent back home
Higher operating costs are a stone in the shoe – even for the rich eyeing family offices
These ultra-high-net-worth investors are turning to banks which offer alternative ways of managing their wealth
Ninth-generation Pictet leader banks on organic growth and partnerships
Carrying the family name is a privilege, but it brings its fair share of pressure too, says managing partner Francois Pictet
US$1.39 million: That’s the sum Singapore affluents say they need to retire comfortably
This is above the global average of US$1.05 million, according to an HSBC survey
Singapore’s millionaire inflow to halve in 2025: report
Meanwhile, Thailand emerges as South-east Asia’s new safe haven, while China’s outflow of affluent individuals slows
Dubai expects to shine in times of volatility due to stability, talent attraction
Interest in the city is seen from family offices, hedge funds and tech sector
KKR eyes bigger share of private wealth market as it targets US$1 trillion total AUM
The company’s evergreen products are open-ended, semi-liquid and not subject to capital calls – making them ideal for private wealth
