ESG forum for family business 2023: The role of family businesses in navigating ESG for sustainable growth | Press Releases | Asia eco-business.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eco-business.com Daily Mail and Mail on Sunday newspapers.
Asian high-net-worth families show urgency to start legacy planning biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Wealthy patriarchs and matriarchs increasingly want expert help with holistic wealth management plans, including detailed wills and life insurance policies to avoid future disputes.
Singapore, 13 July 2022, (Wednesday) - In 2019, the global asset management industry reported stupendous growth, with global Assets Under Management (AUM) growing 15% to reach US$89 trillion. Singapore has seen burgeoning wealth over the past decade, with its AUM matching the global trend, rising 15.7% to reach US$2.9 trillion in 2019. In 2020, Singapore’s AUM grew 17% to reach S$4.7 trillion (US$3.5 trillion).
Despite the COVID-19 pandemic, billionaire wealth managed in the country jumped 30% between April and July 2020 to reach US$102.6 billion.