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Handbook of Asian Finance by Greg N. Gregoriou, David LEE Kuo Chuen

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Chapter 10

Wealth Management: A Comparison of Switzerland, Singapore, and Hong Kong

Francis Koha and Peggan Tanb,    aSingapore Management University, Lee Kong Chian School of Business, 50 Stamford Road, Singapore 178899, Singapore,    bDBS Bank, 12 Marina Boulevard, Level 6, DBS Asia Central, MBFC Tower 3, Singapore 18982, Singapore    E-mail: franciskoh@smu.edu.sgpeggan.tan.2012@mwm.smu.edu.sg

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 ...

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