Managers of Wealth Asia Pacific

How Covid-19 is reshaping priorities and behaviour among Asia's ultra-wealthy

They place high value on digitalisation, financial guidance, and sustainability.

Growth assets still favoured by Nikko AM

Recent volatility does seem like a one-off—call it a crowdsourced retail rebellion that managed to squeeze hedge funds in a small collection of heavily shorted stocks that sparked forced deleveraging.

CIMB Private Banking is Ranked No. 1 for the Best Private Banking Service Overall in Malaysia

CIMB’s private banking arm tops total of six categories in Euromoney’s Global Private Banking and Wealth Management Survey 2021

Region's private banks post strong performance in 2020 despite pandemic

Siow Li Sen of The Business Times (BT) asks the region's leading private bankers how they turned in strong performances in the face of adversity, and their outlook for 2021.

OCBC Posts Quarterly Decline But Sees Signs of Recovery

The bank's full year 2020 net profit, which at S$3.59 billion was 26 percent lower than 2019's record earnings

HSBC to move top brass out of Canary Wharf in 'pivot to Asia'

The rejig comes just a year after HSBC announced plans to slash around 35,000 jobs over the next three years

Upgrades Everywhere by Gary Dugan

The global economy has far more momentum than previously thought. In the past week, economists have been moving their GDP forecasts up by 1-2%.

Looking forward to the Year of the Ox

Having fallen victim to the SARS outbreak earlier in the decade, the Hong Kong people were quick to react.

Meditation for investment professionals by Holger Mertens, Nikko AM

Most investors agree that markets are not fully efficient and that behavioural finance can explain a part of the markets’ inefficiency.

Citi is considering divesting some foreign consumer units

The company is weighing divesting certain units across retail banking in the Asia-Pacific region, including those in South Korea, Thailand, the Philippines and Australia, according to people familiar with the matter.

CIMB Private Banking takes No. 1 spot in Euromoney survey

Chief executive officer of CIMB Investment Bank Bhd, Jefferi Hashim, said, “We are honoured by the recognition as the industry’s best by our peers.

Credit Suisse looks to expand China onshore presence - CFO

Credit Suisse faced setbacks in its core business outside Asia last year

OCBC Acquires Malaysian Asset Manager

The bank said the acquisition is not expected to have any material impact on the net tangible assets or earnings per share of OCBC Group for the financial year ending 31 December 2021.

China:Cross-border wealth management grows in Greater Bay Area

Among retail customers in the Chinese mainland who do not own Hong Kong wealth management products, 70% expressed interest in purchasing one in the next three years.

Credit Suisse Chief Adds Caution to Optimism

But despite the annual profit slip, the bank could build on the momentum based on its fourth-quarter results and positive data from the bank’s latest media conference.

Schroders applies for China public mutual fund licence

The firm plans to include sustainable investments in its offering when the public mutual fund management company is established.

BNY Mellon closes Hong Kong wealth management office

Long added that the retreat from the Asian wealth management business will not affect its other operations in the region

EFG private bank on track to double Apac AUM

To date, the bank has delivered on a number of targets articulated in 2019

Perpetual launches new family office

Perpetual Private is enhancing its family office services through the creation of a new team dedicated to family office clients, appointing Nick Lipscombe to head the team.

Vincent Magnenat: «Consolidation Has Been Postponed»

The values that we share bring a lot of confidence and trust to our clients.

Wealth and Asset Management