Wealth management sectors in key markets across region are set to bloom over the medium to long term.

Robbie is a reporter for International Adviser, covering global news stories about the financial services industry. He joined Last Word Media in October 2018 after nearly two years working at a group of private banking publications, firstly as a reporter then as assistant editor. Robbie can be contacted via email at robbie.lawther@lastwordmedia.com and on Twitter @RLawther94
Wealth management sectors in key markets across region are set to bloom over the medium to long term.
DL Holdings Group has signed a memorandum of understanding (MoU) regarding to the potential acquisition of the remaining stake in its affiliated company DL Family Office (HK).
The operation is aimed at clients with investable assets of more than $2 million.
Deal offers clients ‘enhanced global offering, broader geographic reach and access to even greater expertise’.
Company will get around £198m from the share buyback process.
The tie-up will bolster LGT’s tech offering to ultra-high-net-worth investors.
In a bid to develop the industry across both regions.
It serves clients with investible assets of over $250,000.
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
In a bid to make sure investors are ‘adequately protected and key risks are effectively managed’.
Part of the Mark Allen Group.