Managers of Wealth Asia Pacific

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.

EFGAM prepares another FMP launch

The HK asset management arm of Zurich-based EFG International plans to launch its second fixed maturity product this year.

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.

Wealth and Asset Management