Private wealth

It also plans to treble its client adviser ranks to about 60, as the Singapore lender seeks to capture rising wealth flows between China and Asean

Demand is rising for technology, investment and compliance talent, alongside relationship managers that support client-facing teams

US firm is eyeing growing pool of HNWIs in region and investor demand for more institutional products

Not a ‘Singapore-only story’; moves will strengthen Apac’s proposition as a family office hub and region to deploy capital

CEO Jason Moo says the lender is starting to see large amount of flows into the region

Chee Jiun Wen will be based in Singapore and will focus on expanding the company’s private markets franchise across the region

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

No lack of choice deals for secondary funds as global demand outstrip supply

Hubs such as Dubai and Abu Dhabi are expected to remain resilient due to economic opportunities and infrastructure, say industry players