Wealth Management Firms in Asia Aim for $260 Trillion in Assets by 2026
Thursday, 25 July 2024, 00:00
Asia's Wealth Management Firms on the Rise
Asia wealth management firms have ambitions to double their assets under management to nearly US$260 trillion by 2026 from last year’s levels, according to a report by consulting firm Accenture.
Strategies for Growth
- Technological Investment: Firms are investing in technology to better serve their clients.
- Client Engagement: Enhanced client services are a priority to attract and retain high-net-worth individuals.
- Market Expansion: Many firms are looking to expand their reach across Asia.
This aggressive strategy underscores the growing significance of Asia in the global financial market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.