An inflation-stoking shipping blockade in the Strait of Hormuz is rattling private markets, as rising bond yields push billions of fresh capital into liquid fixed-income markets.
As foreign capital flees and energy risks mount, a shift toward professional wealth management is testing the resilience of what is now the world's sixth-largest economy.
The surge in fee income from wealth management helps the regional lender offset a decline in net interest income amid lower rates and currency volatility.
With traditional strategies faltering, Addepar is expanding in Asia as high-net-worth families move away from manual spreadsheets for digital transparency.
The private bank is strengthening its senior bench to capture a record surge in client demand, as Asia’s ultra-high-net-worth families move to address increasingly complex succession and legacy planning.
Gold and alternative assets are emerging as top choices for wealthy individuals as they adjust portfolios for a more volatile market, the bank’s latest research shows.
The Singapore-based lender is doubling down on its presence in Hong Kong's wealth management market with a multi-billion dollar bet on premium office space in the city's financial heart.