The Evolution of Private Wealth Management in Asia – Views from EAM Leader Kenny Ho

On a panel discussion at the Hubbis Investment Forum, Kenny Ho, Managing Partner and Founder of Carret Private Capital, shared about the evolution of private wealth management in Asia. Singapore has made more headway in the evolution of independent wealth management in recent years than Hong Kong, where clients tend to stick to the brand name banks. Asian clients are also increasingly inclined to diversify their custody across both Asian and European institutions. Endowus has become one of the largest independent wealth managers in the region, with assets under management of over USD 5 billion after the acquisition of Carret Private.