

Singapore’s sees 1,400 single family offices set up by end of 2023
Singapore’s appeal to the ultra-rich has continued to grow, with the city-state drawing hundreds of new single family offices (SFOs) in...
Mar 8, 2024


Global ultra-wealthy population to surge by 28.1% in 2028
The global population of ultra-wealthy individuals is expected to grow by 28.1% by 2028, with significant contributions from India and...
Mar 1, 2024


Hong Kong to increase taxes for high earners
Hong Kong has committed to reducing its fiscal deficit, expecting the fourth budget shortfall in five years, with the current financial...
Feb 29, 2024


Private credit in Asia-Pacific forecast to surge in 2024
Private credit firms, including Apollo Global Management and Blackstone, foresee a growth exceeding 10% in Asia-Pacific lending for 2024,...
Feb 29, 2024


Asia dominates HSBC wealth growth with over half of new assets
HSBC's Wealth and Personal Banking (WPB) unit attracted USD84bn in net new assets in 2023, with USD47bn coming from Asia, emphasising the...
Feb 22, 2024


BRICS millionaire population set to surge by 85% in next decade
Henley & Partners, in collaboration with New World Wealth, forecasts an 85% increase in the millionaire population within the BRICS...
Feb 19, 2024


Billionaires’ wealth soars by USD3.3tr, outpacing inflation
Since 2020, billionaires globally have increased their net worth by USD3.3 tr, eclipsing inflation rates threefold, an Oxfam report...
Jan 16, 2024






