Singapore's wealthy clients see growing assets over past year, Citi report says
C•Average assets among Singapore's high-net-worth clients rose 6% to $1.5 million over the past year, while affluent clients' assets increased 5% to more than $565,000. The study also found mutual fund ownership among high-net-worth investors nearly tripled to 31%.
1. Assets and investments
A white paper prepared by Citi Wealth and RFI Global found that average assets among Singapore's high-net-worth clients rose 6% to $1.5 million over the past year, while assets among affluent clients increased 5% to more than $565,000. Mutual fund ownership among high-net-worth investors climbed from 11% in 2022 to 31% in 2026, the highest adoption level in Asia, while 72% of onshore affluent assets and 74% of offshore booked assets remained in cash and liquid deposits.
2. Wealth succession
The study found that 76% of Singaporeans aged 55 and above had established wills or wealth succession plans.
