Singapore Cements Wealth-Hub Lead as Asia-Pacific AUM Heads for $34.5 Trillion by 2030
Updated
Updated · The Business Times · Jun 19
Singapore Cements Wealth-Hub Lead as Asia-Pacific AUM Heads for $34.5 Trillion by 2030
1 articles · Updated · The Business Times · Jun 19
Summary
PwC projects Asia-Pacific assets under management will reach US$34.5 trillion by 2030, reinforcing Singapore’s position as one of the region’s two biggest international investment hubs.
US$4.6 trillion in AUM and 8% of global sovereign wealth fund assets already sit in Singapore, while regional high-net-worth assets are forecast to climb to US$52.4 trillion.
6.8% annual AUM growth in Asia-Pacific would outpace North America’s 6.2% and Europe’s 5.6%, with total client assets rising from US$107.2 trillion in 2024 to US$154.3 trillion.
Private markets are taking a bigger share of the business—55.4% of regional asset and wealth management revenues in 2024—and are projected to reach 59.5%, or US$99.8 billion, by 2030.
Project Guardian now spans more than 40 institutions across seven jurisdictions, underscoring Singapore’s push to turn tokenised finance from pilot projects into commercial deployment.
As finance digitizes, will Singapore's neutrality outweigh Hong Kong's deep ties to China's massive capital pool in the race for wealth supremacy?
Is the rush to tokenize trillions in assets building a more efficient market or setting the stage for a digital-age financial crisis?
Singapore’s Digital Asset Surge: Tokenisation, WealthTech, and ESG Shape the 2026 Financial Landscape
Overview
Singapore is leading the digital asset revolution by combining strong innovation with trusted regulation. The Monetary Authority of Singapore (MAS) is at the center, driving tokenisation and building a secure digital financial ecosystem. Their strategy focuses on trust, shared standards, and robust governance, ensuring technology like AI and tokenisation can truly transform finance. Key leaders at MAS highlight the importance of balancing innovation with supervision and partnerships. International projects such as Project Guardian show Singapore’s commitment to collaboration and practical progress, making the nation a global model for integrating new technology into finance safely and effectively.