By 2025, assets under management (AUM) in the Asia-Pacific (APAC) is set to outpace any other region globally, and almost double that from 2017.

According to a report released by PwC, Asia-Pacific AUM is set to grow at a compound annual growth rate of 8.7%, from $15.1tn in 2017 to $16.9tn in 2020, and $29.6tn by 2025.

"The APAC asset and wealth management ind