Private Wealth
25 Sep 2026
Asia private bankers still expect double-digit net new money. Hong Kong and Singapore remain the growth hubs.
A Bloomberg Intelligence survey of 100 senior private bankers in Hong Kong and Singapore finds more respondents expecting double-digit annual net new money growth over the next five years than in the prior survey. Mainland diversification demand and emerging wealth from Southeast Asia and the Middle East are the named drivers. Regulatory noise from the mainland is widely expected to have only a mild effect on flows.