Asian household cash holdings remain unusually high, with households often keeping 50% to 55% of net worth in cash and deposits, far above the roughly 15% typical in the United States and Western Europe, business magazine CEO World reported. The conservative approach reflects memories of past crises, uneven social safety nets and limited access to trusted investment products. However, this stance is beginning to ease as incomes rise, capital markets deepen and digital investm

The Lumen, Aument merger 2025 combines Singapore-based independent wealth managers Lumen Capital Investors and Aument Capital Partners under the Lumen Capital Investors brand. Integration is 95% complete, with all staff based at Sing Land Tower. The merger blends Lumen’s family-office heritage with Aument’s digital and discretionary capabilities, delivering early gains in digital delivery, private-market access, and discretionary management. The enlarged platform targets high