Managers of Wealth Asia Pacific

Asia Wealth Management Hits Snag With Bankers Stuck at Home

They’ve focused instead on a trading boom among existing clients.

Asia Wealth Management Hits Snag With Bankers Stuck at Home

But the shrinking pipeline is an increasing worry as Covid-19 flareups in the region keep them largely grounded, say executives and relationship managers.

Making money, doing good: How family offices marry asset management and philanthropy

Regardless of individual circumstances, cultural transformation is the ultimate goal. Rather than acting as a means to an end, ESG should inform the FO’s approach holistically.

With bankers grounded by Covid-19 flare-ups, the likes of JPMorgan and UBS see slowdown in Asian wealth management business

More than half of the assets managed by private banks in Hong Kong and Singapore are drawn from outside the two hubs

Virus grounding of Asia's private bankers erodes wealth management trade

And while regulators are easing rules that typically require in-person meetings and on-site visits, banks are still catching up with digitization and some bankers are reluctant to step away from the traditional checks.

‘Prove where you got your wealth,’ India tells alleged tax dodger

A landmark ruling against the beneficiary of an undeclared Swiss bank account could be a breakthrough moment for authorities hunting hidden wealth.

Pandemic, low interest rates push private bank investors to alternative assets

Alternatives can be used as a substitute for core bond portfolios, which currently generate very little, if any income.

Wealth management in Hong Kong, Singapore hits snag with bankers stuck at home

Already, the likes of UBS Group and JPMorgan Chase & Co have seen the growth of new money in Asia take a hit.

Morgan Stanley duo establishes advice boutique

The duo is joined by Ryan Loehr, who worked as an associate adviser initially at Morgan Stanley with the two.

Asset managers in Singapore support work from home option

The coronavirus pandemic has accelerated tech adoption at firms globally, allowing a growing number of firms to overhaul their rules and maintain remote-working arrangements even after lockdowns have been lifted.

Ping An of China Asset Management (Hong Kong) Launches First Co-branded Fund with Hang Seng Investment Management

The Fund is a mixed-asset fund that mainly invests in Asia-Pacific region (ex-Japan) equities and fixed income markets.

Chinese banks woo overseas asset managers

Moves follow last year’s decision to allow foreign managers majority stakes in joint ventures

Amundi and OCBC Bank launch Singapore’s first-ever fund that Harnesses the Momentum of Dollar Cost Averaging

The Momentum Fund lets the portfolio manager initiate dollar cost averaging for the investor.

AIA Thailand sets up 847 billion baht asset management unit, report says

The largest are Kasikorn Asset Management and SCB Asset Management, which both had 1 over trillion baht of assets under management as of end-July.

Growth opportunity beckons for Japan equities as pandemic forces changes

Japan is a mature economy, with many of its corporations grappling with inefficiencies.

Multi-family office sees growing opportunities in Sri Lanka

A multi-family office will provide advisory for multiple families on managing their wealth. There are several elements to services offered by Heritage Partners.

Gold could head as high as $3,400, VanEck CEO says as metal pulls back from records

“We became really bullish last summer when gold broke out of its six-year sort of sideways market, and then the other technical confirmation happened when it went to all-time highs a month or so ago,” van Eck said Monday on CNBC’s &l

AMP announces 1H 20 results and return of capital

The AMP Life sale was a major milestone and opens the pathway to accelerate the next stage of our strategy.

The Asset Awards: Citi, Deutsche Bank, HSBC set the pace in asset servicing

Depositary receipts, corporate trust, escrow services play key roles

Bank of Singapore expands Middle East footprint

It has had a presence in the region since 1996

Wealth and Asset Management