11/12/2020
GAM positive on EM FX
Economic growth is stronger than markets had expected, and the recovery has not yet been priced in many asset prices, according to a GAM Investments strategist.
Wealth and Asset Management
11/12/2020
Singapore’s ARA buys Korea office tower for 1 trillion won
The asset manager acquired the tower through a private real estate fund managed by its unit, ARA Korea. The fund is 22% owned by Korean securities firm NH Investments and Securities.
11/12/2020
The Asset Private Capital Awards: Navigating through market turbulence
The Asset honours the private banks and wealth managers who kept their cool to service their clients amid turbulent markets
11/11/2020
Why Japanese equities are outperforming their developed market peers by Naoki Kamiyama by Chief Strategist, Nikko AM
We also assess the recent surge by the Mothers Index and key points to watch going forward.
11/11/2020
Westpac NZ and Forsyth Barr confirm strategic wealth management partnership
As a result, 32 members of Westpac NZ’s wealth advisory and operations team will join Forsyth Barr.
11/11/2020
Manulife IM Strengthens Private Markets Capabilities in Asia
Following the deal, Albamen will have over 20 full-time employees across Guangzhou, Shenzhen, and its headquarters in Hong Kong, the announcement said.
11/10/2020
U.S. Manager VanEck Eyes License for China Retail Fund Management
The others are U.S. asset managers Blackrock, Fidelity and Neuberger Berman. BlackRock was the first to be approved in August.
11/10/2020
HK’s private banks upbeat on China potential
An industry report finds that wealth managers in Hong Kong are placing their faith in mainland China and the Greater Bay Area (GBA) for asset growth.
11/09/2020
BOS eyes Southeast Asia expansion
The private bank’s AUM has reached $116bn, which is only $1bn below its peak in December.
11/09/2020
Avendus CEO on Driving the Firm to the Peak of the Indian Wealth Management Market
Avendus was originally created by three Indian founders who set the firm up over 20 years ago, with global private equity giant KKR taking majority shareholding in 2015 in a deal sized at USD115 million.
11/09/2020
Sun Life Hong Kong’s high-net-worth offerings brightly shine
Sun Life Hong Kong emerged in a strong position in the first half of this year
11/06/2020
StanChart to Rollout Flexible Working Option
Standard Chartered is reportedly planning to permanently offer flexible work options to around 90 percent of its 85,000-strong staff by 2023.
11/05/2020
Jack Ma’s Wealth Drops $2.6 Billion As Ant Group Suspends IPO
The dramatic turn of events caused shares of the New York-listed Alibaba to plunge more than 8% overnight.
11/05/2020
Amundi China wealth JV aims $70bn AUM by 2025
For Asia as a whole, the firm has set an AUM objective of €500bn ($582.75bn).
11/05/2020
The Asset Awards: Going beyond the call of duty
The Asset honours the wealth managers who provided the best client experience amid the pandemic
11/05/2020
Singapore banks trounce third-quarter profit estimates, wealth management shines
The earnings give reason to believe 2021 will be better and odds of dividend caps being removed – some will revisit valuations soon.
11/05/2020
Maybank AM expands fund range in Singapore
The Malaysian firm currently manages six retail mutual funds in the Lion City.
11/03/2020
Crestone revenue up 12% to $120.5m
Crestone intends to continue to increase its investment in growth during FY21 to take advantage of the opportunities presented by ongoing market disruption in the broader wealth management industry.
11/03/2020
Chinese billionaires boost their fortunes at record pace despite coronavirus crisis — DHT Business News
The world has never seen this much wealth created in just one year,” Hoogewerf said in a statement on Tuesday.
11/03/2020
Aberdeen Partners CCB International
At least 80 percent of the fund will be invested in U.S. dollar-denominated emerging market debt, including frontier market bonds, with significant exposure to Asian and China credit, an announcement on Tuesday said.