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Singapore’s rise as a global wealth centre

Newsflash Asia

- November 10, 2025

Singapore has emerged as a leading global wealth centre, attracting high-net-worth individuals (HNW) with its robust financial infrastructure and strategic advantages. According to the World’s Wealthiest Cities Report 2025, released by Henley & Partners and New World Wealth, Singapore is home to 242,400 affluent individuals with investable assets exceeding US$1m. This places the city-state fourth globally, showcasing a growth of over 60% since 2015, outpacing traditional financial hubs like New York and London.

The city’s appeal lies in its stability and comprehensive regulatory framework, making it a preferred destination for sophisticated wealth management and multinational asset allocation. Noah ARK, a prominent financial services firm, recognised this potential early on, establishing a presence in Singapore in 2018. By 2025, the firm had upgraded Singapore to its global headquarters, underscoring the city’s strategic importance.

Noah ARK plans to leverage Singapore’s mature financial ecosystem to offer customised, full life-cycle wealth management solutions. These services are tailored to meet the diverse needs of global Chinese investors, focusing on asset allocation, risk hedging, and family succession.

The transformation of Singapore into a premier wealth management hub is not only a testament to its strategic foresight but also highlights its growing influence in the global financial landscape. As the city continues to attract international attention, its role as a key player in global wealth management is set to expand further.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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