Asian business founders and wealth owners are ageing, and more of them than ever are transferring their assets to younger family members in what has been dubbed the Great Asian Wealth Transfer. This trend is setting the stage for private wealth management advisers and banks to shine through comprehensive estate and legacy planning.
Prenuptial agreements have long been considered a taboo subject, often associated with a lack of trust in a relationship. However, the perception of prenups is shifting, particularly in Asia, where more couples are recognizing the benefits of openly discussing financial matters and planning for the future. In this article, we will explore the changing landscape of prenuptial agreements in China, examine the reasons behind their increasing popularity.
The ASEAN Economic Community (AEC) thrives in the busy centre of Southeast Asia, embarking on a road towards regional economic union. The AEC envisions a thriving, wealthy, and highly competitive economic zone, with its roots firmly planted in the free flow of products, services, investment, and skilled labour among its member nations. It's a world where the essence of a well-integrated and coherent economy collides with the desires of ultra-high net-worth individuals (UHNWIs) and high-net-worth individuals (HNWIs), marking the arrival of increasing riches and investment opportunities.
Hong Kong, known as Asia's financial hub, is solidifying its claim as a destination for high net worth family offices. In 2023, the city launched the Hong Kong Academy for Wealth Legacy, an academy dedicated to nurturing financial talent and fostering collaboration between family offices and wealth management professionals. With the support of industry leaders and the government's commitment to attracting new family offices, Hong Kong is poised to manage the lion's share of Asia's wealth.
China's transformation into a high-tech manufacturing powerhouse has potentially opened up attractive investment opportunities for high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). The narrative emphasises China's significant export potential while highlighting its expanding manufacturing and technology sectors.
For a long time, he was the richest Chinese; a few years ago, he fell to fourth place. Jack Ma, the founder of Alibaba, one of the largest e-commerce platforms in the world, and the founder of Fintech Ant Group, today presents himself above all as a philanthropist.
In recent years, Chinese investment in Africa has been a topic of much debate and analysis. While some argue that China is exploiting the continent's natural resources for its own economic gain, others believe that Chinese initiatives are aiding Africa's development and contributing to its economic growth.
The economic relationship between the United States and China is a cornerstone of the global financial landscape. Their trade interactions, often termed Sino-American trade relations, have ripple effects across international markets, influencing asset values, investment opportunities, and global supply chains.

Insights On Wealth Management And More.

Delivered To Your Inbox, Weekly.
Left Menu Icon