Managers of Wealth Asia Pacific

Quick action needed to catch family office boom

Members of wealthy families who migrate to Australia pose challenges for advisers reluctant to expose them to Australia’s aggressive tax laws.

Hedge fund Point72 boosts Singapore staff to 100: Source

The Singapore office’s hiring picked up around the end of 2022 and accelerated in the past six months, the person said, requesting not to be named because the matter is private.

Hong Kong | The Great Wealth Transfer - Parents Beware!

In a modern society where divorce is sadly increasing, it is high time for both the old and young generation to be wary of the risks that a marriage turned sour may pose to their family wealth.

DBS second-quarter net profit up 48% to record SGD 2.69 billion as total income crosses SGD 5 billion

First-half earnings up 45% to SGD 5.26 billion, return on equity increases to 18.9%, both at new highs

Private Capital Awards 2023: Generating alpha in uncertain times

Announcing the winners of The Asset Triple A Private Banking and Wealth Management Awards 2023

Asia Needs More Accountants Because There Are Too Many Rich Kids

Amidst wealth transfer, there’s a growing need for skilled professionals overseeing family offices, entrusted with vast generational wealth.

Losing control: BoJ adjusts yield curve control

Japan is the largest holder of US Treasuries, and while JGB yields are still a long way from US yields, any meaningful increase reduces Japan’s incentive to invest in foreign bonds at the margin.

Australia, UAE, Singapore Top Destinations for Millionaire Migrants, Reveals 2023 Henley & Partners Report

The report estimates a migration of approximately 16,800 high-net-worth individuals (HNWIs), defined as those with a net worth exceeding US$1 million, in 2023.

HNW wealth transfer still on the to-do list

When it comes to the sexes, 41% of men have a clear plan for the wealth transfer process, in comparison to 31% of women.

Can China’s pro-growth push reassure markets?

If that convinces markets that Beijing can deliver reflation, China’s equities may see a boost.

Chubb CEO Urges Hong Kong to Enhance Insurance Hub Standing through Reducing Bureaucracy

During a recent visit to the city-state, Greenberg emphasized that businesses are attracted to an environment of certainty.

When can the Bank of Japan be confident that inflation is sustainable?

The Bank of Japan will likely stay dovish for an extended period despite a solid recovery in economic growth and inflation being above target.

HSBC Tripled Invested Assets in India

The bank also saw a 9 percent increase in non-resident Indian customers during the same period.

Japan’s inflation re-accelerates in June, stays above BOJ target

A hike in utility bills added to a steady increase in food and daily necessity prices, adding to the burden of households.

Consolidation in wealth management industry to accelerate, Citi survey finds

Smaller providers will have to move beyond passive products and further differentiate themselves with technologies, said the report.

China can evade a balance sheet recession

Although both gauges remain expansionary, the devil is in the details.

Taking the Edge Off the Risks

Last week’s better-than-expected US inflation report led to a rally in both bond and equity markets.

New Study Reveals Higher Life Insurance Sales Conversion Rates with Omni-Channel Approach

The BCG research revealed that only one in eight insurance customers preferred a fully digital insurance purchase journey.

Review finds super trustees need to improve retirement outcomes planning

The covenant, which came into effect on 1 July 2022, requires trustees to develop a retirement income strategy to improve long-term outcomes for their members in or approaching retirement.

Will the clouds clear for Chinese equities?

Investors have so far been underwhelmed by the level of stimulus provided by Chinese authorities, despite the extension last week of 2022 measures to support the struggling property sector.

Comment, Analysis & Research