Managers of Wealth Asia Pacific

Hong Kong ETF turnover hits record high in 2014

Despite the recent spotlight on A-shares, less than half of new ETFs last year were A-share centric

7 reasons why fund managers invest in Singapore

Despite a turbulent 2014, fund managers and sector analysts have expressed confidence in the resilience of Singapore's investment environment for the future.

Hong Kong, Jakarta lead gains in light post-holiday trade

On the first trading session of 2015, Asian equities were quiet on the back of a lack of foreign cues and economic data releases

Market ends flat amid choppy trades

The 30-share Sensex provisionally ended up 8 points at 27,507 and the 50-share Nifty closed 1 point higher at 8,284.

In the fast lane

With a new management at the helm, a resurgent RBL Bank is expanding operations at a brisk pace

Appraisal update: Top performers to be rewarded with 20 per cent increment

Those rated as top performers by their companies will get salary increments that are almost twice that of their 'average' peers in 2015

1MDB says PKR MP confirmed wisdom in keeping funds in Cayman Islands

PKR MP Wong Chen’s observation of currency gains made by 1 Malaysia Development Bhd through its offshore accounts in the Cayman Islands validates its concern over foreign exchange fluctuations

China gloom halts EM rally, rouble powers on

Weak sentiment in China halted a four-day rally in emerging market stocks on Tuesday, though there was no stopping the resurgent rouble as steadier oil and central bank muscle-flexing lifted it to a two-week high.

A.M. Best Affirms Ratings of Sovereign Assurance Company Limited

A.M. Best has affirmed the financial strength rating of A+ and the issuer credit rating of “aa-” of Sovereign Assurance Company Limited

Assets under Malaysia's PRS continue to rise

Assets invested via Malaysia’s nascent Private Retirement Scheme have continued to rise, reaching 595 million ringgit as of the end of November.

Cayman fund numbers slump in Hong Kong

The number of Cayman Islands funds authorised in the city has fallen 30% this year against a rise in HK-domiciled funds.

Bank of Singapore set to notch record growth in 2014 - Business Times

Bank of Singapore, the private banking arm of Oversea-Chinese Banking Corporation, is back on track to post double-digit growth for 2014, likely as much as 15 percent, said the Business Times, citing its outgoing chief executive.

UOB to grow wholesale bank revenue by 15 per cent

United Overseas Bank Bhd, a subsidiary of Singapore-based UOB Group, aims to grow its wholesale bank business revenue by 15 per cent in the next two years.

Nikko Asset Management Tops NZ$4bn in AUM

Nikko Asset Management Tops NZ$4bn in AUM as Global Investors Eye New Zealand

Maybank 9 Month Profit Up 1.7 Percent

Net profit, meanwhile, was RM4.79 billion, marginally lower by 0.7 percent from the RM4.82 billion a year earlier, owing primarily to a higher tax charge.

Maybank posts earnings of RM1.61b in Q3 (Update)

Maybank said its revenue was RM8.934bil compared with RM8.276bil a year ago. Earnings per share were 17.62 sen versus 20.05 sen.

Affin Holdings Q3 earnings at nearly RM142m

The banking group announced on Monday its revenue increased by 22.6% to RM937.17mil from RM764.09mil. Earnings per share were 7.36 sen compared with 11.57 sen. It declared an interim dividend of 15 sen.

NAB's US business lifts profit

NATIONAL Australia Bank's US subsidiary Great Western Bancorp lifted its full year net profit nine per cent due to cost cutting and fewer bad debts.

Natixis to Exceed Asia Growth Target in 2014, Mignon Says

Natixis, controlled by Groupe BPCE, France’s second-biggest lender by branches, expects revenue in the region to rise more than 20 percent this year,

NAB profits dip on UK write down

National Australia Bank has announced annual 2014 net profit of $5.3 billion, a 1.1% decrease from 2013.

Retail Banking