Managers of Wealth Asia Pacific

Private Wealth Management – A Time of Dramatic Change

While there have been improvements in the past decade, many of the challenges and shortfalls still persist.

Hayne commission leaves banks' wealth plans in disarray

Commonwealth Bank this month indefinitely suspended a plan to float its wealth and mortgage broking business

Creating Unique Strategies

“There are two key elements that we factor in to our approach,” Lee begins, “at EFGAM, we believe that asset allocation is the key to constructing any portfolio as asset allocation can explain 90% of a portfolio’s performance.

Abu Dhabi to revive sale of 1MDB-tarnished assets of Falcon Private Bank

The bank had held unsuccessful talks with potential buyers last year, people familiar with the matter said.

Billionaire Neilson sells down stake in fund manager he co-founded

Mr Neilson will have voting control over 42.97 per cent of the company.

Westpac's Hartzer concedes defeat with exodus from financial advice

Westpac is shedding its salaried and aligned advisers as part of a restructuring of the group that will see its residual wealth and insurance businesses transferred into its business and consumer divisions.

Guernsey’s commitment to China and Hong Kong market praised

The attractions of China for offshore financial service providers remain

On Asian Billionaires' Shopping List: A Swiss Private Bank

Sometimes, a family-owned private bank may see mergers-and-acquisitions as an opportunity to implement succession plans and simultaneously refresh entrepreneurial vigor.

Australia's Westpac exits financial advice, takes charge to shake up wealth unit

It did not provide a deal value for the sale, but said it would take a restructuring charge of up to A$300 million ($213.2 million) that would be partially offset by the proceeds and A$20 million in productivity savings by 2020.

Aligning Global Capabilities, Regional Expertise and the Personal Touch in Asia

Masclet met with Hubbis to recount his evolution to his current role as Asia CEO and Singapore branch manager, and to explain why the group is so intently focused on growing the Asian operations, and how that can be achieved.

Billionaire Premji gives RM31b shares to charity

Premji’s philanthropy may prompt the rich — in a nation where ultra-high net worth population is expected to surge 39% by 2023 — to donate more to charity and help pull millions out of poverty.

Mukesh Ambani becomes world's richest sports team owner! Check details

Forbes also recently released World's Billionaire list and Mukesh Ambani, Azim Premji, Shiv Nadar, and Lakshmi Mittal were the four Indians who made it on the top 100 list.

Nation springs a wealth of surprises

Two new billionaires created in China each week

China Renaissance and LGT Bank Establish Partnership

We at LGT are very excited to partner with China Renaissance

Don’t exit equity investments in a tough year: Sanctum Wealth Management CIO INTERVIEW

The macro-economic scenario has improved considerably since last year, he said.

Raiffeisen leverages vast network to protect and grow HNWI assets

Raiffeisen’s approach has worked for centuries among family enterprises in German-speaking countries

UBS Wealth launches high income strategy

Aimed at Asia wealth management clients, the multi-asset portfolio promises monthly distributions, according to the firm’s executives.

Raffles Family Office Latest to Jump on Canopy Bandwagon

The deal allows the family office to offer its relationship managers and clients automated account aggregation and analytics.

Nikko AM opens first office in Germany

The firm has been expanding its product offering in Germany over the past three years to meet growing client demand.

EFG to Acquire Majority Stake In Financial Service Provider

Strong potential to further capture growth opportunities in the Asia Pacific region Australia presents an attractive macro environment with a stable regulatory framework.

Wealth and Asset Management