The Asia-Pacific region stands out as the world’s most dynamic market for asset and wealth management, according to insights from PwC Australia, with assets under management (AUM) expected to hit the US$34.5 trillion mark by the end of the decade; in 2024 the figure stood at US$23.3 trillion. The profile of affluent individuals and families across Asia is also changing, with the Boston Consulting Group’s “The Asia Generational Wealth Report 2025: Succession in a New Era” highlighting that...

Talent recruitment and development are playing a prominent role in Hong Kong’s long-term development strategy as it looks to lure skilled professionals from around the world to drive growth in its key industries. In his first five-year plan announced last month, Chief Executive John Lee Ka-chiu highlighted Hong Kong’s commitment to leveraging its advantages as an international city, strengthening its position as a global hub for high-calibre talent, and attracting skilled professionals to serve...

The widespread adoption of artificial intelligence (AI) is helping to transform the way businesses operate around the world, including the analysis of huge quantities of data to provide valuable insights. Yeo Wenxian, head of wealth for Asia South at the global bank Citi, says the increased use of AI and expansion of globalisation are changing the way businesses and clients approach wealth management and adding a personal touch to the process. “While these are two separate trends, they are also...