Investment into real estate from rich Asians has trebled since 2007, far outpacing flows from other regions, according to Savills and Wealth-X.
The Canadian insurer has launched its first universal life policy in Asia, Heritage, designed specifically for Singapore's private-wealth market.
Most high-net-worth Asians have achieved their wealthy status in the past 20 years -- they now face the issue of how to pass on their fortunes, say private bankers.
Tan Su Shan, Morgan Stanley's head of private wealth for Southeast Asia, will join the Singaporean bank in July, where she will also oversee asset management.
In the second of a two-part Q&A, Karen Tan of Deutsche Bank Private Wealth Management gives her outlook on hedge-fund strategies, which includes avoiding highly leveraged fixed-income arbitrage.
In the first of a two-part Q&A, Karen Tan of Deutsche Bank Private Wealth Management looks at hedge-fund performance since the start of 2008. In the next piece, she will make some forecasts.