Singapore's wealthy clients see growing assets over past year, Citi report says

Singapore's domestic and overseas wealth pool has expanded steadily over the past year, with average assets among the country's high-net-worth clients rising six per cent to US$1.5 million (S$1.9 million), a white paper prepared by Citi Wealth and independent research firm RFI Global showed on Thursday (Oct 22).

Assets among Singapore's affluent clients increased five per cent to more than US$565,000, according to the study, aimed at exploring how Singapore compares with other global wealth markets

The study found that mutual fund ownership among Singapore's high-net-worth investors has nearly tripled from 11 per cent in 2022 to 31 per cent in 2026, the highest adoption level in Asia, outpacing countries like India and South Korea

However, a large portion of portfolios remain held in cash, with 72 per cent of onshore affluent assets and 74 per cent of offshore booked assets concentrated in cash and liquid deposits

The findings were similar across other Asia hubs, reflecting investors' continued preference for liquidity

The study found Singapore leading in intergenerational wealth preparedness, with 76 per cent of individuals aged 55 and above having established wills or wealth succession plans.

新加坡的国内和海外财富池在过去一年中稳步增长，该国高净值客户的平均资产增长了 6%，达到 150 万美元（190 万新元）。花旗财富和独立研究公司 RFI Global 于周四（10 月 22 日）发布的一份白皮书显示了这一点。

根据一项旨在探讨新加坡与其他全球财富市场对比情况的研究，新加坡富裕客户的资产增长了5%，超过56.5万美元。

该研究发现，新加坡高净值投资者持有共同基金的比例从2022年的11%增长到2026年的31%，几乎翻了三倍，这一比例在亚洲最高，超过了印度和韩国等国家。

然而，很大一部分投资组合仍然以现金形式持有，72%的境内富裕资产和74%的境外已登记资产集中在现金和流动存款中。

其他亚洲金融中心也得出了类似的结论，反映出投资者对流动性的持续偏好。

该研究发现，新加坡在代际财富准备方面处于领先地位，55 岁及以上人群中有 76% 的人已经立下遗嘱或制定了财富继承计划。