Survey Scope: Covered more than 390 high‑net‑worth individuals (minimum $1 million investable assets) in the Asia‑Pacific region between December 2025 and February 2026.
Recession Concern: Over 50% of respondents cited an economic recession as their primary concern for the next three years.
Equity Market Anxiety: Approximately 45% expressed worry about a potential equity market correction or crash.
Succession Planning Gap: Nearly four in ten respondents lack any form of succession planning. Japan, the Philippines, Malaysia and Hong Kong were identified as the least prepared markets for wealth transfer.
Geopolitical & Trade Context: Investors are navigating a global environment shaped by U.S. President Donald Trump’s tariffs and a three‑month‑old war in the Middle East that has increased energy prices.
Quote: “For most of the Asian families, the patriarchs are still on the helm, and they have not engaged the next generation enough,” said Louisa Loo, Lombard Odier’s head of wealth planning for Asia, at a media roundtable in Singapore on Thursday.