10/04/2019
Growth of family offices in Singapore
Singapore has long been one of the favoured private banking and wealth management centres for Asian families
Wealth and Asset Management
10/04/2019
Paul Pak takes over as PwC’s head of asset and wealth management
Expressing every confidence in his successor and reflecting on his own time in the role, Ong noted that the pace of change within the asset and wealth management industry had continued to accelerate over the past five years, with Singapore at the forefron
10/03/2019
DBS Announces Integrated Wealth Management
To support this push, the bank aims to double its number of relationship managers in Thailand by 2023, and also hopes to double its assets under management to S$8 billion ($5.82 billion) during this period, DBS said in a statement published on Wednesday.
10/03/2019
UBS Economist to Return After Monthslong Leave for ‘Chinese Pig’ Comment
Paul Donovan, put on leave in June, is set to come back to work. The Swiss bank declined to say how its business has fared since the furor.
10/02/2019
Citibank's digital drive to aid wealth management business
Digital capability forms bedrock to growing segment by double digits annually, says CEO
10/01/2019
Thai Bank Is Open to Merger as It Grows Wealth Business
Government is pushing for more consolidation in banking sector
10/01/2019
Family succession takes centrestage
A family governance framework sets out to enable communication among family members, says Lim Ping Ping, LGT Asia head of wealth planning
10/01/2019
Ultra Wealthy Population Analysis: The World Ultra Wealth Report 2019
This subdued increase comes on the heels of a year of significant growth the prior year, when the population increased by nearly 13%.
10/01/2019
Startup disrupts private banks’ family-office biz
Global CIO Office launches in Singapore to provide tech-based help to family offices’ investment pros.
09/30/2019
World’s Wealthiest Families Are Stockpiling Cash As Recession Fears Grow
A majority of family offices around the world expect US to enter a recession by 2020, with the highest percentage of gloomy respondents in emerging markets.
09/27/2019
Hong Kong investors’ sustainable investment fail to reflect ambitions
53% of HK investors would consider sustainable factors but only 13% invest sustainably, according to Schroders investor study
09/26/2019
Big Asian Multi-Family Offices Join Up
Wealthy clients in northern Asia are increasingly looking to put their money into investments or custody in southeast Asia, according to Ho.
09/26/2019
DBS Targets More Than $200 Billion AUM by 2023
Banks are fighting for a slice of Asia’s growing wealth pie, and a wealth transfer estimated at $2.7 trillion over the next decade and a half.
09/26/2019
GSAM keeps onshore fund structure sidelined
But in Hong Kong, the firm is building its retail business and has signed Standard Chartered Bank as distribution partner.
09/25/2019
Edelweiss Fast-Forwards India’s Wealth Management Market Towards Infinity
The twin drivers of regulatory necessity and client expectations will, he believes, alter the landscape irrevocably, but the future is bright for those who look ahead and adapt.
09/24/2019
Flying high: the new era of Chinese jetsetters
China is producing more millionaires and billionaires than ever before
09/23/2019
Bank of Singapore: Evolving the Platform, Supported by Three Central Pillars
For the advisory platform, Van de Walle highlights two key changes the bank is aiming to achieve.
09/23/2019
DBS Bank launches new card for HNIs
The launch of the Treasures Sparkle Infinite Card is an attempt to tap into the already-vast-and-growing potential of the HNW segment in the market, with the card intended to fulfil the needs of customers in this bracket.
09/20/2019
Bond durations: what wealth managers recommend
Sanctum recommends a diversified portfolio of AAA-rated corporate bonds, banking and PSU bond funds, and short- and medium-term bonds.
09/20/2019
More Professionalism in Managing Family Wealth Needed
The need to increase professionalism in managing the family’s affairs and creating a family office, with employees dedicated to the various tasks, is a natural step for Asia’s high wealth family groups.