In the near future, Hong Kong and Singapore will overtake Switzerland as the world's largest wealth and asset management center.
The world of big money is about to change. Rich, super-rich and ultra-high-net-worth individuals (UHNWI) continue to lose confidence in the Swiss banking system and are looking for a way out. According to the Boston Consulting Group, by 2029, Hong Kong and Singapore will overtake Geneva as the leading international wealth management center.
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