05/24/2023
Number of ultra-rich in Singapore expected to grow by nearly 18 per cent in 2027: Knight Frank
The report defines UHNWIs as those with a net worth of at least US$30 million (S$40.4 million), including their primary residence.
Comment, Analysis & Research
05/22/2023
Farewell Michael Harrison
Most recently, Harrison served as chair of Synchron, a role he took up in 2011 and held until the group's acquisition by WT Financial Group in 2022.
05/18/2023
Knight Frank: Fewer Ultra-Rich in Hong Kong, China
Globally, the population of UHNWIs decreased by 3.8 percent in 2022 following a record increase of 9.3 percent in 2021.
05/18/2023
Is India the new China?
With over 1.4 billion people, India officially became the world’s most populous nation in April this year.
05/17/2023
How are Asian currencies placed to withstand stress?
With a string of bank failures in the US recently, questions are returning about the spill overs to Asian currencies this time, and how corporates should prepare for them.
05/11/2023
Endowus Wealth Insights Report 2023: Over 60% of Singaporeans have investing experience, yet more than half still invest emotionally
Inflation and the increase in the cost of goods and services (86%) remain the biggest financial concern in 2023
05/10/2023
WRISE: «No One Knows What the Full Impact of this Wealth Influx Would Be»
New regulations, digital innovations, market forces, and global economic conditions are shifting the wealth landscape in all directions.
05/09/2023
Researcher claims to be 'misquoted' in media report on high net worth foreigners becoming citizens
“After our statement was issued, the researcher wrote to MHA to say that he had been misquoted by the media," Home Affairs and Law Minister K Shanmugam said in Parliament on Monday (May 8).
05/09/2023
Where are managers making their equity and fixed income allocations?
“It is one of the few areas in the equity universe that is already pricing in a recession; they think it will be a shallow recession.”
05/08/2023
Family office outsourcing set to grow in Asia
The demand for sophisticated services and regulatory requirements are set to drive this segment, says a global study by Ocorian.
05/08/2023
Major banks walk challenging tightrope, but still deliver solid results
“Asset quality deterioration is also a real risk, as interest rate increases and inflationary pressures squeeze both households and businesses.
05/08/2023
Why higher prices and rates are the new normal
Wine enthusiast and head of Australia fixed income at UBS asset management,Tim Van Klaveren, is pessimistic about inflation and says the next leg of the cycle “is probably back up”.
05/05/2023
Value transfer is prioritised by Chinese entrepreneurs
Chinese entrepreneurs make money quicker than those in other countries and are in the process of handing down their businesses to the next generation.
05/05/2023
Family trusts key to succession planning: HSBC study
With China witnessing massive wealth creation, developing succession plans with support from professional institutions will help entrepreneurs better realise their goals, says Jackie Mau.
05/04/2023
Guy de Picciotto: «China will be a gigantic wealth management market»
Hong Kong and Singapore have already begun to position themselves as offshore centers for wealth from China.
05/04/2023
KPMG analysis: China VC investment picks up in the second half of Q1 2023
VC investment in China during Q1’23 totaled USD 7.4 billion as VC activity picked up in the second half of the quarter once the COVID-19 wave diminished.
05/04/2023
Why Chinese banks aren’t worried about depositors fleeing
This is because consumers have learned through unfortunate experience that other types of seemingly safe investments can backfire.
05/03/2023
China’s reopening: reality check and what to expect
January and February are usually “data vacuum” periods in China.
05/03/2023
Japan networking proves positive
Deputy Nick Moakes, representing Guernsey's Committee for Economic Development, recently attended two events in London.
05/02/2023
HKMA Annual Report 2022 and Sustainability Report 2022
This year, the HKMA is also issuing its first standalone Sustainability Report 2022, through which members of the public can gain a more in-depth understanding of our strategy and priorities