10/26/2019
Slump in number of HK ultra rich
The net reduction of 1,060 ultra-rich individuals caused Hong Kong to lose its status held in 2017 as home to the most UHNW individuals when compared to cities globally.
Comment, Analysis & Research
10/25/2019
For China’s Ultra Elite, Personal Growth is the New Luxury
Alongside a strong desire for personal growth, in mainland China, 74 percent of high-net-worth individuals stated that making a positive impact on the world was as important as making money.
10/25/2019
‘Do-It-Yourself Wealth Management’: Efficient and Low-Cost Access to Professionally Managed Global Diversified Portfolios
The widespread availability of ETFs has transformed the investing landscape as more investors have come to realise that passive indexes outperform most active managers over time.
10/25/2019
Asia-Pacific banks must make radical changes to survive the coming slump, as late-stage economic cycle looms
Nonbank players putting ‘significant pressure’ on business models for lenders in Asia, according to McKinsey
10/24/2019
Japan’s disabled worker farms harvesting returns
Japan’s reputation as the earliest and most enthusiastic adopter of new tech has faded in recent years, but the market continues innovate in unique areas
10/23/2019
Malaysia rises to 16th place in ranking of world’s best retirement schemes, and is third best in Asia: Mercer
Assessing retirement systems across the sub-indices of adequacy, sustainability and integrity, MMGPI compares retirement systems across the globe and covers almost two-thirds of the world’s population.
10/23/2019
McKinsey: «Banks Need To Make Bold Moves Now»
Banks in developed markets have strengthened productivity and managed risk costs, lifting ROTE from 6.8 percent to 8.9 percent.
10/23/2019
Singapore's The Global CIO Office eyes US$1 billion of assets in two years
The ambitious goals of his firm are underscored by the growing number of millionaires in Singapore.
10/22/2019
Swiss remain the richest in the world
Financial assets make up 55% of gross wealth in Switzerland – a little higher than their share in the UK, but less than in Japan or the United States.
10/22/2019
Global wealth expands to $360trn, led by US and China
Researchers also found that China had more members in the top global 10% than the United States for the first time.
10/22/2019
PH pension system fourth worst in the world – study
The study assessed a country's retirement benefits program on the grounds of adequacy, or if the pension payments are enough; sustainability, or the long-term fund life; and integrity, or its governance and regulation.
10/22/2019
'Society as a whole can be more proactive when it comes to championing female founders': interview with regional head of HSBC Private Banking
International Investment talks with Siew Meng Tan, regional head of HSBC Private Banking about the bank's survey that shows that more than a third of female entrepreneurs suffer gender bias when they try to raise capital.
10/22/2019
Index says Philippine retirement system 4th worst
The Philippines ranked the lowest in terms of integrity where it had a subindex score of 34.7 and third lowest in terms of adequacy with its 39 sub-index value.
10/22/2019
Eurasia Group/Vontobel study: US-China battle for digital supremacy can create a dilemma for Europe
Potential winners: Bangladesh, Indonesia, Malaysia, Thailand, Taiwan and Vietnam, as well as Argentina, Brazil, Chile and Mexico
10/21/2019
Over a third of women entrepreneurs face gender bias when raising capital: HSBC
"To tackle gender bias, I believe we need to showcase more successful female entrepreneurs"
10/20/2019
7 reasons why you need this offshore account
Manage all your accounts across countries on a single platform
10/20/2019
Hongkongers are the world’s most reluctant online shoppers, but try stopping the Chinese
China continues to lead the world in digital wallet adoption and online shopping
10/17/2019
Banks try to dominate the Asian market
A premier received a US$15,000 crystal horse, his Chinese zodiac animal, and his son got US$10,000 in golf outings and a trip to Las Vegas.
10/17/2019
New survey from RBC Global Asset Management uncovers diverging views on responsible investing among institutional investors
Regionally, the percentage of survey respondents who report using ESG principles “significantly” as opposed to “somewhat” rose slightly in the US
10/17/2019
Global sukuk issuance falls slightly to $30.6bnGlobal sukuk issuance falls slightly to $30.6bn
Sukuk issuance with a maturity of more than 18 months from the Gulf Cooperation Council region, Malaysia, Indonesia, Turkey and Pakistan totalled $30.6 billion in the first nine months of 2019 compared to $31 billion in the year-earlier period.