By Valérie Mantot–Groene, regional managing director for APAC at Apex Group
Asia now has the most billionaires in the world and accounts for one third of global wealth. A 2020 report on global billionaires confirmed Asia to be the fastest growing market of wealth in the world.
The wealth management industry in Asia is undergoing a phase of growing sophistication and institutionalisation.
But with this rapid growth, there is a significant resource shortfall in one significant respect: the talent pool available to manage and service family offices, trusts, foundations and other structures.