Lombard Odier Finds 50% of Asia-Pacific Wealthy Fear Recession as 40% Lack Succession Plans
Updated
Updated · Reuters · May 28
Lombard Odier Finds 50% of Asia-Pacific Wealthy Fear Recession as 40% Lack Succession Plans
9 articles · Updated · Reuters · May 28
More than half of Asia-Pacific high-net-worth individuals named recession their biggest worry for the next three years, while nearly half also feared an equity-market correction or crash.
390-plus respondents were surveyed between December 2025 and February 2026, against a backdrop of Trump tariffs and a three-month Middle East war that has lifted energy prices and inflation risks.
Nearly four in 10 said they have no succession planning despite prioritizing wealth preservation, with Japan, the Philippines, Malaysia and Hong Kong among the least prepared markets.
Lombard Odier said many Asian family patriarchs still control wealth decisions and have not involved the next generation enough, leaving potential heirs unready or unwilling to take over.
With a $5.8 trillion wealth transfer looming, why are Asia's family dynasties failing to plan for their own succession?
As an AI 'super cycle' promises a trillion-dollar market, why do Asia's wealthiest fear an imminent economic crash?
While North Asia's markets surge on AI, is South Asia's economy being left behind due to the energy crisis?