The Future of Wealth: Evolving Markets and Expanding Access

 

Delivered at the Singapore FinTech Festival, this session explored the transformation of wealth management, emphasising shifts towards private markets, the integration of technology, and the impact of changing demographics.

 

Key Highlights

1. Shifts in Value Creation

  • The number of public companies has decreased by 30% over the past 20 years, as companies remain private for longer, leading to more value creation in private markets.
  • Private market assets have grown significantly, with individual investor allocations still lagging behind institutions, highlighting the role of technology in improving access.

2. The Role of Technology in Wealth Access

  • Technology is democratising private market investments, making them accessible to younger investors with lower minimums.
  • Platforms like Arda Finance enable new investors to engage with private equity by reducing barriers and providing a tailored experience.

3. Demographic Dynamics and Wealth Transfer

  • The ageing global population and the largest intergenerational wealth transfer in history (an estimated $85 trillion over the next 20 years) are reshaping wealth priorities.
  • Women, as significant beneficiaries of this transfer, often prefer investments aligned with social values, increasing the focus on sustainable and responsible investing.

4. Technology as an Enabler

  • Technology is critical not only for enhancing customer-facing experiences but also for empowering relationship managers with efficient tools.
  • Companies like FNZ emphasise building infrastructure that ensures seamless operations from front-end user interfaces to complex back-end systems.

5. Personalisation and AI

  • The future lies in personalised wealth management powered by AI, moving beyond traditional segmentation to cater to individual client needs.
  • Innovations in user experience and the use of AI for financial literacy and accessibility are transforming the industry.

Conclusion:

The discussion highlighted the need for a collaborative ecosystem where banks, fintechs, and investors leverage technology for a more inclusive, personalised, and efficient wealth management landscape. The journey continues from automation and digitalisation to a future driven by AI and personalisation.

 

Watch Full Session

 

Speakers:

  • Caesar Sengupta, Co-founder & Chief Executive Officer, Arta
  • Lavanya Chari, Global Head of Investments & Wealth Solutions (IWS), HSBC
  • Marco Bizzozero, Head of International & Member of the Executive Committee, iCapital
  • Roman Regelman, Group President, FNZ

Moderator:

  • Manisha Tank, Broadcaster & TV Presenter
 
 

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