Wealth Management
Citi posts strong first half in Asia wealth management
Second-quarter AUM hits US$8 billion, up 21% year on year
The Asset
30 Jul 2021
Citi, in the first half of 2021, attracted close to US$15 billion in net new money ( NNM ) across its Asia-Pacific wealth management business, Citi Global Wealth, the majority from the bank’s wealth hubs, marking one of the strongest half-year results on record for the bank’s wealth business, which included adding US$8 billion in the second quarter with assets under management up 21% year on year.