Managers of Wealth Asia Pacific

HSBC’s pre-tax profit falls 48% year-over-year in the first quarter to $3.2 billion

Analysts at Morgan Stanley had projected the bank’s first-quarter profit before tax could fall by 35.7% year-over-year to $3.998 billion.

Jonathon Clifton featured in CEO Magazine Asia with his management philosophy

Having led his team through massive changes in the past decade to become what it is today, Jonathon sees change as an opportunity and therefore encourages his team to face change with a positive perspective

BR Shetty: The staggering rise and incredible fall of a billionaire

BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.

Singapore Multi-Family office announces recruitment plans

Tiernan said that “We expect to add up to seven new people to our staff.

Why brand building is essential in times of precarity

The key to the popularity of these durable advertising campaigns was that they exercised a ‘feel good’ factor and prompted memories of better times.

AMP bleeds $18 billion

Even when taken without those impacts, AMP's Australian wealth management arm still suffered to the tune of $1.3 billion across the first quarter.

Credit Suisse gets approval to take majority stake in China JV

Credit Suisse Founder Securities provides investment banking services including sponsoring and underwriting of shares and bonds and financial advisory services.

UBS raises its gold price forecast to $1,800

The price of gold in rand rose as much as 1.6 percent to the highest since Bloomberg began tracking in 1971.

FOs’ expansion plans in Asia not hindered by pandemic

Separately, relationship managers are cautioned from joining another firm in the current market environment, according to a recruitment firm.

No. of fund managers hits record high as market rebounds

Each manager would operate an average of six funds, with the combined value standing at 331.8 billion won ($272.8 million).

Major Challenges Ahead - EM and eurozone in focus

Equities should be lower but calling a top in the current recovery is challenging.

Managers of Wealth Appreciates its Advertisers

We’d like to express gratitude to our fantastic sponsors here at Managers of Wealth.

How wealth management must respond to COVID-19

The speed at which the impact of COVID-19 and governments' reactions to the virus in the shape of lockdowns have been felt across the world is part of what makes the crisis so unique.

Keep moving and motivated with #cando

We’re creating a series of active and wellbeing videos, working with the fantastic TeamedUp and their Olympic and Paralympic athletes

AMP wealth earnings tipped to plunge

AMP’s Australian wealth business recorded $6.3 billion of cash outflows in 2019 full year, slugging the division’s profit which had fallen by 49.9 per cent year-on-year.

Deutsche WM to launch allocation funds in Asia

Volatile markets prompted the introduction of the funds, which invest in ETFs and aim to address “unstable market cycles”.

Don’t panic, now is the time to reflect: multi-family office

From an investment perspective, Tiernan believes this is the moment when families assess the degree to which they were well advised in the time leading up to the market shock.

Objectway offers Licence Free Period for WealthTech Suite

The rapid escalation of COVID-19 outbreak has forced us to test our business continuity plans

Manulife Investment Management Reorganizes ESG Research Team

Nietsch is based in Singapore and reports Mennie. Tim Chan, senior analyst, ESG research and integration, will continue in his role and support the region's activity from Hong Kong.

The Richest in 2020

Bill Gates keeps his spot as number two richest

Wealth and Asset Management