By 2025, assets under management in the Asia Pacific is set to outpace any other region globally, and almost double to US$29.6 trillion by 2025, according to PwC’s Asset & Wealth Management 2025: The Asian Awakening report. Asia Pacific AUM is expected to grow at a total compound annual growth rate (CAGR) of 8.7 percent to US$16.9 trillion in 2020 from US$15.1 trillion in 2017.

Alternative asset popularity among Asian investors is expected to boom from US$2 trillion in 2017 to US$6.9 trillion by 2025 (at a staggering CAGR of 11.7 percent), especially in real estate and infrastructure investments. Asia will be one of the largest infrastructure investment regions globally, driven by the massive growth expected from China’s Belt and Road Initiative and other initiatives across the region.

“[Asia Pacific] investors tend to be more active and focused on returns, and are prepared to take risks to reach their targeted returns,” notes Justin Ong, PwC Singa