South East Asia is witnessing remarkable wealth creation, driven by strong GDP growth in countries like Singapore, Vietnam, Malaysia and Thailand, according to McKinsey’s 2024 report. The Asia-Pacific high-net-worth individual (HNWI) segment ranks as the second fastest-growing globally, with a 4.2% increase in wealth and a 4.8% rise in population in 2023, as highlighted by Capgemini. This rapid expansion has fueled significant demand for sophisticated and customized wealth planning solutions in the region.

The Monetary Authority of Singapore’s (MAS) recent proposal to broaden retail access to private market funds is a milestone in democratizing alternative investments. As access expands, ultra-high-net-worth individuals (UHNWIs) remain focused on long-term goals: wealth preservation, risk mitigation, and legacy planning.

Lioner International Group Ltd. (Lioner) announced the appointment of Andy Leung as Managing Director in Consultancy of Lioner, effective today. This strategic hire underscores Lioner’s commitment to its unique 3-in-ONE approach, which integrates insurance, trust, and family office advisory services to provide ultra-high-net-worth (UHNW) clients with sophisticated, customized wealth solutions.