Managers of Wealth Asia Pacific

Japan woos foreign firms with new entry office

Foreign AM firms entering Japan will be allowed to complete the registration process in English. Separately, the country has also been courting global asset managers established in Hong Kong.

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.

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.

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

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.

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.

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.

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.

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.

BOS eyes Southeast Asia expansion

The private bank’s AUM has reached $116bn, which is only $1bn below its peak in December.

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.

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

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.

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.

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).

The Asset Awards: Going beyond the call of duty

The Asset honours the wealth managers who provided the best client experience amid the pandemic

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.

Maybank AM expands fund range in Singapore

The Malaysian firm currently manages six retail mutual funds in the Lion City.

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.

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.

Wealth and Asset Management