UBS/Amy Lo

UBS's Amy Lo discusses ultra-rich

Amy Lo, head of ultra-high-net-worth wealth management at UBS, discusses investment behaviour in Asia.
Amy Lo, UBS

Do cultural differences affect the way ultra-rich individuals from different Asian countries view risk?
There is a difference, and it is particularly evident when comparing Hong Kong with emerging markets such as China and India. Hong Kong’s ultra-high-net-worth are relatively sophisticated and have reached a stage where their money is more professionally managed by family offices. China and India are picking up in terms of professionalising their wealth management. One of the main challenges for the ultra-high-net-worth in these two countries is that most of the family wealth is still linked to their own companies. Therefore, diversifying this concentration risk and adopting an asset allocation approach to managing their wealth is critical for the long term. We are starting to see family offices being set up in both countries, especially China, given the rapid wealth creation over the last two years.


¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media