SCB Asset Management expects a 2026 risk-asset upcycle, setting a best-case year-end target of 1,600 for the Stock Exchange of Thailand index and aiming to lift assets under management above THB2tr(USD56bn), its chief executive said. CEO Narongsak Plodmechai cited stabilising global equities, a rebound in parts of Asia and easier liquidity as major central banks cut rates. SCBAM aims to reach 1 million investors this year after opening 100,000 new accounts in the first two mo

Singapore’s asset management industry grew to about S$6.7tr (USD4.96tr) in 2024, up roughly 12% from a year earlier, underscoring Singapore asset management AUM growth and the city-state’s role as a hub for international strategies, Russell Adam, senior managing partner at Resource Group Holdings wrote. About 77% of assets originated from outside Singapore and nearly 88% were invested overseas, he said. Alternatives including private equity, venture capital, private credit an

JAR Capital has acquired Singapore-based multi-family office Lyra Capital, expanding its assets under management (AUM) in the city to...

Singapore’s asset management industry reached an all-time high of SGD6.1tr (USD4.7tr) in assets under management in 2024, representing a...