The new generation of entrepreneurs are as motivated to change the world as they are to make money. Private banks must adapt in order to meet these needs

Both entrepreneurs and their offspring lose sleep over how family assets should be passed between generations, while wealth managers are terrified of losing clients. A clear and open discussion is vital in ensuring a smooth succession

Charitable activities can bring families together, but with younger generations frequently having different goals and ideas, they can also prove divisive

The fund management business may be dominated by the branding power of global players but there are still plenty of boutique firms delivering healthy returns

There are more female billionaires than ever before, with Asian entrepreneurs the big driver. But these women require a different approach from private banks than their male counterparts

The wealth management sector in Asia-Pacific is fiercely competitive with both international and local players fighting for a piece of the action and looking for ways to differentiate themselves from opponents

Private banks must improve their digital offerings but human advisers have a role to play too

The ceremony for PWM's seventh annual awards took place in Singapore on 4 November