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The secondary PE market has grown significantly and is projected to exceed US $500 billion over the next five years.

Gabriel Tam was appointed as the regional head of Ultra High Net Worth (UHNW) Solutions, Asia in 2019.

For its onshore China wealth business, the bank also appointed Jackie Mau as head of global private banking, mainland China, in 2021.

Thomas Ang also co-led UBS’ global art and collecting division for over 18 months.

Potential collaborative opportunities for asset management products and investment banking services will also be explored.

The Emirates Family Office Association (EFOA) and Hong Kong Academy for Wealth Legacy (HKAWL) will co-develop a series of curated initiatives for family principals and next-generation leaders.

Wayne Bowers will serve the needs of family offices and non-profit organisations in the region.

The digital wealth platform increased its high-net-worth (HNW) clients by 64% year-on-year in 2024.

The steady revenue-generating model in sports has been gaining the interest of wealthy clients.

The Japanese bank plans to hire around 30 to 35 wealth managers over the next two years for its Asia offices.

The Swiss private bank also bought a majority stake in Saxo Bank last month.

The Swiss private bank is also giving its CIO Office a separate mandate to better serve clients' investment management needs - and Jimmy Lee continues to lead the Asia business.