The external asset management (EAM) space in Asia may still be in its early stages, but its rapid growth is creating “tremendous opportunity” for private banks that know how to serve this emerging client segment, according to senior executives from leading private banks. While EAMs in Asia are less mature than their European counterparts, panellists at the Family Office Association…
Bank of Singapore, StanChart, and UBP tap North Asia EAM growth

HONG KONG—23/06/2025. (Left to right) Peter Tung, Standard Chartered; Kenny Ho, Carret Private; Chi Man Kwan, Raffles Family Office; Teresa Lee, UBP; Rickie Chan, Bank of Singapore.
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