Wealthy investors in Singapore and Malaysia maintain their crypto allocation, instead of switching to increasing their holdings of gold and alternative assets

Deep Tide TechFlow message: On July 28, according to e27, HSBC Bank released a survey titled “2026 Snapshot of Affluent Investors.” It shows that the average allocation of cryptocurrencies among global affluent and high-net-worth investors is 6%, down by 1 percentage point compared with 2025. For Singapore investors, crypto allocation remains unchanged at 5%; for Malaysia, it remains unchanged at 6%. Neither shows any sign of a clear pullback.

Meanwhile, investors in both regions are actively reducing cash holdings—13% of respondents in Singapore and 16% in Malaysia plan to cut their cash allocation over the next 12 months, shifting toward alternative assets such as time deposits, gold, and private equity. Malaysian investors are especially interested in gold, with plans to increase the proportion of gold by 20 percentage points; Singapore investors are more inclined toward fixed deposits (+18 percentage points) and alternative investments (+15 percentage points).

The survey covered 10 global markets from January to February 2026, with a total of 9,993 investors. The minimum investable asset threshold for respondents was $100k.