Ares and EFG CEOs Point to Growing Demand for Private Credit and Wealth in Asia

Summary

At the HKMA Global Financial Leaders' Investment Summit, two financial executives told Bloomberg that demand for Asian assets is rising. Ares Management CEO and Co-Founder Michael Arougheti said Asia's private-credit market is not yet large enough to meet demand as global investors increasingly look to the region. EFG International CEO Giorgio Pradelli said the company is seeing strong wealth creation across markets, with incredible growth in China, and expects IPOs there to grow. Both interviews were conducted by Yvonne Man and David Ingles on the sidelines of the summit.

Timeline

1. Bloomberg

   3 Nov 2026, 07:10 UTCSource ↗

   Bloomberg reports that Ares Management CEO and Co-Founder Michael Arougheti says Asia's private-credit market is not yet large enough to meet growing global investor demand for the region, speaking on the sidelines of the HKMA Global Financial Leaders' Investment Summit.

2. Bloomberg

   3 Nov 2026, 07:14 UTCSource ↗

   Bloomberg reports that EFG International CEO Giorgio Pradelli says the company is seeing strong wealth creation across markets, with incredible growth in China and expected IPO growth there, speaking on the sidelines of the HKMA Global Financial Leaders' Investment Summit.