Singapore breaks into top 5 financial hubs, researchers say

Singapore is now among the top five finance hubs in the world after steadily attracting foreign bank assets and direct investment, according to London-based think tank New Financial.

The city state has jumped from ninth place in 2015, overtaking the likes of China and investment fund centre Luxembourg, the think tank’s researchers found. The US, UK and Hong Kong cemented their positions in the top three, based on signs of international activity such as assets under management, foreign bank holdings, and private and public fundraising. 

Singapore’s assets under management rose to S$6.7 trillion at the end of 2025. The city state has attracted billions of dollars in capital flows at a time when policy shifts elsewhere have prompted some wealthy individuals to reconsider where they hold assets.

Read more at: https://www.businesstimes.com.sg/international/singapore-breaks-top-5-financial-hubs-researchers-say