Asia's wealthy maintain high concentration risk tolerance

Families in focus

Chris Jeffery

Private bankers are redoubling their efforts to secure market share in the top-end of the fast-growing private wealth management markets in Asia.Swiss boutiques Union Bancaire Privée, Pictet et Cie and Lombard Odier have all appointed business heads in the region during the past six weeks. Their target: ultra-wealthy clients.

Meanwhile, the ‘big four’ private banks in the region – Credit Suisse, Citi, HSBC and UBS – are making a significant push to cater more to the needs of family offices in As