Abstract

By 2015, the wealth of High Net Worth Individuals (HNWIs) in Asia is projected to exceed their counterparts in Europe. The recurrent issue posed is whether Switzerland will be replaced as the premier center for global wealth management? This chapter argues that Singapore and Hong Kong will be significant wealth management centers for both Asian and non-Asian clients. While Singapore ranks highly as an international financial center, it is not likely to overtake but will complement Switzerland in serving HNWIs from around the world.

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