Global private banks saw an average increase in inflows of 23.7% last year, driving industry AUM to $18.5 trillion, finds Scorpio Partnership. But the top 20 are pulling away.
Tag : scorpio partnership
Structural change at Pictet and Lombard Odier to corporate partnerships underlines a new reality for Swiss banks. And about time too, says Scorpio Partnership.
Given regional fragmentation and toppy prices, wealth managers have grown cautious over Asia M&A. That will see valuations settle and lead to tailored consolidation, finds Scorpio Partnership.
If Asia becomes the world's private-wealth hub, it may also set the pace in terms of wealth management tech solutions, suggests Scorpio Partnership.
Indians, Indonesians, Malaysians and Thais seem more content about their life-wealth balance than Hong Kongers, Singaporeans and South Koreans.
