| Singapore: Fastest Growing Market | |
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In today's turbulent times, Singapore is wealth managers' most promising market. Asia Pacific contains 27% of the global HNW population and 23% of global wealth and HNWIs financial wealth in the region is forecasted to reach US$10.6 trillion by year 2010. Singapore, a premier financial hub, is relatively untouched by the sub-prime crisis and growing at nearly 20% annually. There are currently unprecedented opportunities and significant market shares to be taken in Asia for dynamic financial service providers active in Singapore. With the region poised as the largest growing market for the wealth management industry and Singapore as Asia's capital of private banking where financial products are developed for Asia's HNWIs, the potential for expansion is phenomenal. Financial Sector Growth & Evolution in Singapore 1974 - 2007  |
