Hong Kong private‑wealth body grows membership count

Hong Kong’s Private Wealth Management Association has expanded its ranks in 2025, admitting Robeco, Apollo Global Management, Blue Owl Capital, Brookfield  Oaktree Wealth Solutions and Futu Trustee to lift total membership to 43 full firms and 15 associate firms. The industry group, founded in 2013 to promote the territory’s private‑wealth sector, said the newcomers deepen an ecosystem linking banks, asset managers and service providers, supporting diversification, technology adoption and client‑centric solutions. The latest intake underscores heightened interest from global and mainland institutions seeking access to Hong Kong’s high‑net‑worth clients amid demand for alternative assets and inter‑generational planning. PWMA expects the broader network to spur product innovation and cement the city’s position as a regional hub for private‑wealth management as capital shifts continue worldwide.