Private wealth
Bigger is better: Bank of Singapore doubles down on the ultra-wealthy – and the bankers chasing them
CEO Jason Moo says the lender is starting to see large amounts of flow enter the region
Franklin Templeton appoints former BOS managing director to new Apac private markets wealth role
Chee Jiun Wen will be based in Singapore and will focus on expanding the company’s private markets franchise across the region
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
Secondary market in Asia sees pickup in activity as players search for liquidity
No lack of choice deals for secondary funds as global demand outstrip supply
Gulf wealth clients staying put for now, but Singapore may see inflows if conflict persists
Hubs such as Dubai and Abu Dhabi are expected to remain resilient due to economic opportunities and infrastructure, say industry players
HSBC opens wealth centre at Singapore Land Tower amid premium pivot
It is the bank’s fourth and largest such facility in the city-state
More investment opportunities in private markets from banks in Singapore as demand soars
Some have beefed up their offerings to include European private credit, hedge funds and private equity products
Rich Americans had a good 2025. Everyone else fell behind
The top 1% of households now hold almost one-third of the nation’s wealth
Expand eligible investments as part of SFO tax framework tweak, industry observers say
Market players say that it is timely to include digital assets, precious minerals, insurance and family businesses
Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub
MAS likely to go ahead with simplifying the single family office tax incentive framework in the face of rising competition
