Managers of Wealth Asia Pacific

Hong Kong’s corporate culture lags behind US, Europe in cybersecurity

Hong Kong has a ‘cybersecurity skills gap’, or a lack of qualified personnel that can communicate the importance of guarding against cyber attack to upper management

Rising corporate Defaults and Market Interest Rates in China May Not Be All Bad News, Says AB

Jenny Zeng, Portfolio Manager—Asian Credit, said that, since 2014, 16 borrowers in China’s onshore public bond market had defaulted on 25 issues.

We all pay the price when banks behave badly

Impairment figures are useful but not the whole story. In most businesses errors come to light quickly.

Experts outline how Islamic finance can support achieving the SDGs

The opening speeches were followed by two panel discussions on the role of Islamic finance in the SDGs.

India May Soon Have A Global Top 50 Bank

SBI, associates begin talks for a merger which would create an entity with a balance sheet of Rs37 trillion

Chinese Pour $110bn Into US Real Estate, Says Study

Investment is set to double in the next five years as wealthy rush to get their money into overseas assets, especially houses

Foreign Money Managers Make Big Push For Business in Tokyo

Overseas managers expect new opportunities and see advantages to setting up shop locally

Four Chinese cities in world top 10 luxury retail destinations

Beijing, ranked ninth after Dubai, has great potential given the city's substantial number of high-net-worth individuals, the report added.

China securities houses on track for record bond fees

Chinese banks this year make up 9 of the top 20 banks by fee income from bond sales, and have so far earned $450m, compared with $797m in total last year.

IDB Group and World Bank Group Produce Global Report on Islamic Finance

The report further recommends creating institutions and governance systems to support orderly function of the Islamic social finance sector.

Fitch Discusses Impact Of FinTech Revolution On Asia-Pacific's Financial Services Industry

The report further said that FinTech revolution could raise risks to traditional banks

Bangladeshi Heist Linked To 2014 Sony Hack

The exclusive use of Visual C++ 6.0 to develop the malware and similar spelling error patterns were other findings that led researchers to the conclusion, as ZDNet pointed out.

Global wealth managers compete for up to US$200b in revenue

Firms that fail to make strategic investments to deliver a superior client experience may risk losing a substantial portion of their current business, the report finds.

Do Millennials Hold the Key to Islamic Banking?

He speaks to Haslinda Amin on "Bloomberg Markets Middle East" from the Global Islamic Finance Forum in Kuala Lumpur.

Banks Increasingly Outsourcing Investment of Wealth Management Money

The ratios for commercial banks vary significantly, ranging from less than 5 percent for China Everbright Bank and China Minsheng Bank to roughly one-fifth for China Guangfa Bank, the sources said.

Average wealth of an Indian surges by 400% in 10 years: Report

Average wealth of an European citizen declined by 5% during the period.

ASEAN as an asset class – a challenging feat

Ms Nor Rejina also pointed out the fact that ASEAN member countries are in varying stages of development, referring to the divergence between a developed economy such as Singapore and frontier markets, Vietnam and Myanmar.

New Breed of Advisors Serve Asia’s Family Offices

Fusang’s new wealth-planning service offers Asia’s wealthy independent advice free of big bank conflicts.

Malaysia rises in The Economist's crony capitalism index

Another interesting statistic to note is that if one were to look at the chart for the crony income and non-crony income in the countries listed, there is usually a substantial and noticeable gap between the two.

China's forex reserves rise to $3.22 trillion

Economists say China still faces a huge challenge of stabilising the yuan

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