Managers of Wealth Asia Pacific

Werner Schlossmacher: «Increased Agility Will Remain Post-Crisis»

But as a private banker from the pre-digital era, it may sound like the machines are swallowing daily tasks and threatening to take your job.

Intertrust to expand footprint in India with acquisition of leading corporate services provider

The acquisition of Sameer Mittal & Associates, which is located in New Delhi’s financial and technology hub, builds on Intertrust’s strategic commitment to being at the forefront of technology

IOOF buys MLC Wealth for $1.4bn

This is a once in a generation opportunity to create the leading wealth manager of the future.

Credit Suisse Plans to Double China Headcount in Five Years

Asia’s largest economy has the most millionaires after the U.S. and its financial opening this year has presented global banks and asset managers with an unmatched opportunity for expansion.

Hong Kong’s PB, WM assets up 19% in 2019

Assets sourced from family offices and trusts grew nearly 90% during the year.

HSBC ‘aiding China’s Hong Kong crackdown’

US attacks freezing of pro-democracy accounts

'She' to power wealth management

Nearly half of the female respondents on the mainland took the lead in such matters, while 37 percent made decisions jointly with their spouse, higher than the 23 percent and 19 percent globally.

DBS’s Joseph Poon: Stability from a sea of troubles

Joseph Poon is group head of DBS Private Bank, one of Asia’s leading wealth managers.

Malaysia’s AMMB, US insurer Metlife mull sale of AmMetLife Insurance, report says

As of end-June, AMMB had 163 billion ringgit (US$39.09 billion) of assets and MetLife had $767 billion of assets.

Taiwan can play pivotal role in wealth management: Vice President Lai

Turmoil in China, 5G revolution both key factors

Julius Baer’s Thai Joint Venture Eyes Top 20 Ranking in Asia

SCB-Julius Baer has lofty goals to be a serious player in Thai private wealth management with a market share target of 1 trillion baht ($32 billion).

Two Sydney advice firms merge

Two Sydney-based advice firms have merged, with the firms saying it was not a decision either party made lightly.

‘Survival of the fittest’: Three sectors that stand to benefit from Covid-19 trends

Global businesses aimed at taking advantage of this cohort stand to be the big winners out of coronavirus as people return to the shops.

Sanctum Wealth: Fuzzy Markets

The market senses that economic activity could be losing momentum.

Fintech vs Private Banks: Takeover Threat for Wealth Management?

Despite the receptiveness, private banks are seemingly little worried about actual threat to market share, even if many clients were to open accounts with fintechs.

Gold Brings Rewards for Institutional Portfolios

WGC noted the risk of currency depreciation, trade challenges and geopolitical uncertainty, and an ageing population that will put further pressure on public finances in a low-yield environment, as challenges that remain for Singapore.

Edelweiss witnesses 65% Y-o-Y growth of mobile investors in India

Edelweiss Wealth Management has also seen an increase of 677% in account openings through EMT, in Q1 FY21 as compared to Q1 FY20.

Global dividends plunge by $108bn during Covid-19 crisis

Study of world’s largest 1,200 companies reveals biggest quarterly drop since records began

Asia wealth management hits snag with bankers stuck at home

The challenge is the majority of private bankers’ business in Asia is coming from offshore

Chinese Private Bankers to Learn From Julius Baer

Julius Baer said it will provide its management expertise to the institute's academic research in order to help train and educate wealth managers in China.

Wealth and Asset Management