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BCG: HK Overtakes Switzerland as World's Largest Cross-border Wealth Mgmt Center
Boston Consulting Group (BCG) released its "Global Wealth Report 2026", stating that Hong Kong has surpassed Switzerland to become the world's largest cross-border we...
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BCG: HK Overtakes Switzerland as World's Largest Cross-border Wealth Mgmt Center
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Boston Consulting Group (BCG) released its "Global Wealth Report 2026", stating that Hong Kong has surpassed Switzerland to become the world's largest cross-border wealth management center. As Hong Kong's growth rate has exceled that of Switzerland, it believes Switzerland is unlikely to reverse this trend.

The report noted that global cross-border wealth elevated 8.4% YoY to USD15.7 trillion last year, with the vast majority flowing to the world's top 10 wealth management centers.

On the ride of substantial wealth from China and a boom in IPOs, cross-border assets under management in Hong Kong increased 10.7% YoY to USD2.95 trillion, slightly above Switzerland's USD2.94 trillion (up 7.6% YoY).

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