Managers of Wealth Asia Pacific

Sotheby’s Grabs Retail Space for New Hong Kong Auction House

The 24,000 square feet two-storey space will mark Hong Kong’s first auction house to move from an office to a retail podium.

The Future of the Digitally Empowered Advisor & Relationship Manager

Wei Mei Tan, Global and Asia Head of Advisory for HSBC Global Private Banking and Wealth, was one of our expert panellists.

HSBC: Philanthropy is a key priority for NextGen

As trillions of dollars change hands in inter-generational wealth transfer, education and elder care are key focus areas for rich Asian families.

Booming Chinese family offices recruit top bankers in Singapore

Financial institutions expect to lose ‘whole teams’ to private funds that will increasingly resemble hedge funds

Thais willing to share data to enable better online banking

Some 62% of Thai respondents chose mobile apps as a way to improve their digital experience.

Singlife with Aviva: Wealth Clients Prefer Human Touch

This consists of advisor-led relationships at 35 percent and hybrid relationships – a combination of digital and physical engagement – at 37 percent.

World Bank chief urges China to take ‘active leadership’ on debt

Malpass participated in meetings with Chinese officials and state lenders in the eastern Chinese city of Huangshan

Schroders favours Chinese and Hong Kong equities amid 2023 recession

Equities are poised to rebound next year amid recession fears, said the British asset manager.

VCM's Federico Bazzoni: «Europeans Have Renewed Appetite for Asia»

In November, Hong Kong-based financial firm Vantage Capital Management launched its own investment banking division – led by ex-Citic managing director Federico Bazzoni – to tap mid-market opportunities from high-growth sectors worldwide.

Philippines eyes central bank profits as wealth fund source

If the proposal goes through, the Philippines will join Indonesia, India and other developing nations in turning to sovereign wealth funds to support their economies.

Softbank’s Son quietly lifts stake to 34%, edging toward buyout

The company can raise the funds it needs without being listed and without a public entity’s restrictions and costs

What you need to know as Singapore banks raise interest rates on their savings accounts

The three local lenders – DBS, OCBC and UOB – have raised interest rates on their flagship savings accounts twice since August.

DBS could be most susceptible to rate cuts amid slowing sector outlook: CGS-CIMB

The bank’s target price has been cut to S$36.50 from S$38.75 to account for a lower terminal growth assumption.

How wealthy is 'wealthy' in Korea?

'Newly rich' in 30s, 40s account for 18.4% of wealthy Koreans

Australia set to raise rates as tightening cycle approaches end

Some economists expect the RBA to pause in 2023, while others see a couple more hikes, reflecting its aim to cool inflation without slowing the economy too much.

HNWs recalibrate investment goals: Report

Looking even further ahead, it said that HNWs expect to pass down close to $2 trillion worth of assets to the next generation, equating to around 70% of their total assets.

What Asian investors want right now

Billionaires aside, Asian investors are – as a group – increasing their clout, as Accenture’s Asia Affluent Investor Survey revealed.

Nearly All APAC Family Offices Name Inflation as Top Concern

On sustainability, family offices are expected to increase investments in green tech, digital transformation, AI, biotech and healthcare.

Japan is poised for a timely wage boost in 2023

In common with many advanced economies, Japan is experiencing record inflation.

Hong Kong to see finance firms import more global talent after recent summit’s ‘powerful message’: Financial Secretary Paul Chan

‘Many’ institutions have vowed to hire more locals and send more global leaders to Hong Kong, Chan said on Friday

Comment, Analysis & Research