10/24/2018

Tossing Out The Rule Book

Private banks that plan to be around for the long-term are embracing digital transformation and sustainable practices.

10/22/2018

Thai investors flee fixed income

Pimco’s AUM in Thailand was down 50% this year as investors turned cold toward global bond funds, according to a Morningstar report.

10/21/2018

Malaysia’s ultra-rich vs Singapore’s: Who’s wealthier?

For the record, Credit Suisse data shows the top 10 countries with mean wealth per adult above US$100,000 (RM415,800) as Switzerland (US$530,240), Australia, US, Belgium, Norway, New Zealand, Canada, Denmark, Singapore (US$283,260) and France.

10/17/2018

Next gen must future-proof businesses: Macquarie

Mercer said in order for firms to remain competitive with the next generation, they would be required to create a service package tailored specifically for younger clients, but only 35 per cent of firms surveyed had implemented this type of service.

10/16/2018

Malaysia’s widening income gap between rich and poor

The report, entitled “Different Realities”, pointed out that while previous economic crises in 1987 and the 1997/98 Asian Financial Crisis saw a reduction in the income gap between the T20 and B40/M40, post 2008/09 Global Financial Crisis