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Wealthy Investors Turn to Private Markets as Demand Soars
In a striking trend observed in early 2025, wealthy clientele of Apollo Global Management are increasingly seeking to capitalize on the booming private markets. This growing interest signifies a broader shift in investment strategies among the affluent, who are eager to explore opportunities beyond traditional asset classes.
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Barclays Expands Global Footprint: Singapore to Become Private Banking Hub by 2026
Barclays, the British multinational bank, has announced significant plans to establish Singapore as a key booking center for its private banking division by the year 2026. This strategic move is part of Barclays' broader initiative to enhance its services and presence in the competitive Asian market, attracting high-net-worth individuals (HNWIs) in a region characterized by rising wealth and demand for sophisticated financial services.
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