{
  "id": 18230471,
  "title": "Diversification and flexibility key to investment in challenging times",
  "url": "https://urgent.news/2026/11/05/diversification-and-flexibility-key-to-investment-in-challenging-times",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T02:00:06.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/native/business/topics/achieving-long-term-wealth-growth/article/3367387/diversification-and-flexibility-key-investment-challenging-times"
  },
  "original_language": "en",
  "account": "Hong Kong's stature as a global financial hub has been underscored by recent reports highlighting a surge in ultra-high-net-worth (UHNW) individuals and the overall growth of the wealth management market. According to the \"World Ultra Wealth Report 2026\" published by Altrata in June, there are estimated to be 18,290 UHNW individuals in Hong Kong, with personal assets exceeding US$30 million each, marking a 26.4% increase from the previous year. This upward trend aligns with the expansion of the city's overall wealth management market, which saw a 20% year-on-year increase in total assets under management to HK$42 trillion (US$5.4 trillion) in 2024, according to the \"Asset and Wealth Management Activities Survey 2025\" released by Hong Kong's Securities and Futures Commission in July.\n\nBetty Lee, Chief Product Officer at CTF Life and a seasoned actuary with over 30 years of experience in the insurance sector, emphasizes the importance of diversification and flexibility for high-net-worth investors navigating challenging market conditions. Lee's insights reflect a broader trend in Asia, where growing private wealth is fueling demand for advanced wealth management and legacy planning solutions. To meet these evolving needs, CTF Life has introduced the Shiny Treasure Indexed Universal Life Insurance Plan, a product designed to provide both wealth accumulation and protection features. This plan incorporates a dual-account structure enabling policyholders to allocate premiums between an index account for potential growth and a fixed account for steady accumulation, with a guaranteed minimum value to safeguard wealth during market downturns.\n\nThe Shiny Treasure plan offers multiple index sub-accounts tied to prestigious global indices, granting investors the flexibility to tailor their asset allocation according to their risk tolerance and market outlook. Notably, the plan is the sole indexed universal life (IUL) insurance solution in Hong Kong that allows for unlimited credited interest rates, with interest rates falling below 0% as the minimum floor. This feature enables policyholders to benefit from market growth without caps, while simultaneously providing a safety net through guaranteed interest rates during declines. Lee stresses that the Shiny Treasure plan is strategically positioned as a complementary addition to traditional investment portfolios, enhancing diversification and offering a holistic solution for professional investors seeking to preserve and grow their wealth amid uncertainty.",
  "summary": "[The content of this article has been produced by our advertising partner.] Many indicators have highlighted Hong Kong’s growing pre-eminence as an international financial centre, including the “World Ultra Wealth Report 2026”1 – published in June by the New York-based wealth intelligence firm Altrata. It showed that, up to the end of last year, Hong Kong had an estimated 18,290…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}