Our Scans · (FS.1.03) Private Banking & Wealth Management · Weekly Summary

• [New] With the ultra-high-net-worth individuals predicted to increase by more than 50% in 2028, family offices are adopting structured investment management and strong succession planning initiatives. / India IBEF
• [New] Private capital financing is gaining traction in Saudi Arabia as the large funding needs of Vision 2030 and the expanding SME sector create new opportunities beyond traditional bank lending. MUFG Research
• [New] Next-gen HNWIs seek wealth management firms that align with investment priorities Wealth management firms are actively preparing for a new era of wealth transfer in which USD 83.5 trillion will change hands over the next two decades, creating the next generation of HNWIs. Yahoo Finance
• [New] The demand for luxury properties will remain strong, solidifying Dubai's position as a premier destination for high-net-worth individuals. archyde
• [New] Up to €3bn in funding will be mobilised within the next 12 months, with €2bn a year made available by the European Investment Bank in the form of loans, venture debt and private debt plus financing such as loans already issued to a Finnish lithium mine project Keliber. The Guardian
• [New] 55% of businesses that have implemented AI-driven tax planning have seen a reduction in their audit risk. SuperAGI
• Convergence with wealth management and FinTech players will have the most significant impact on their revenue growth by 2030 - ahead of tokenization and digital asset adoption. PwC
• Morgan Stanley Wealth Management will leverage iCapital's blockchain-powered technology to standardize trade workflows and enhance data transparency for subscription onboarding of alternative investment funds. Yahoo Finance
• Bain estimates that alternative assets under management for private wealth investors will triple from $4 trillion today to $12 trillion by 2034, while Everest Group forecasts AUM for alternatives to hit $30 trillion globally by 2030. CapGemini
• China's high-net-worth population is anticipated to expand from 4.8 million to 5.9 million between 2025 and 2029, representing a 5.5% annual growth rate. Insurance Business
• North America is expected to grow 4.5% with an increasing number of high-net-worth individuals. WWD
• By 2030, most of India's next-generation high-net-worth individuals will hold over 10% of their assets offshore. IndiaTimes
• Firms sacrificing succession planning for short-term stability will hemorrhage talent. Vault
• High-net-worth investors are entering 2025 with a mix of optimism and caution, as technological advancements and geopolitical shifts present both opportunities and risks. Yahoo Finance
• High-net-worth investors expect to allocate 8.6% of their portfolios to tokenized assets by 2026. SQ Magazine
• High-net-worth investors are expected to allocate 8.6% of their portfolios to tokenized assets by 2026. SQ Magazine
• Brookfield Asset Management expects to more than double its fee-bearing capital base to $1.2 trillion by 2030, driven by growth in existing businesses and new verticals like insurance and wealth management. Nasdaq
• More than half of high net worth individuals in Hong Kong and Singapore forecast that the S&P 500, Hang Seng Index and Straits Times Index will rise by at least 5 to 10% in 2025. finews.asia

Last updated: 18 December 2025