09/13/2019
UBS Holds 25 Percent of APAC Private Client Wallet Share
He notes that the high cost of doing business in private banking constrains players and many falter while attempting to suddenly expand across too many facets.
Wealth and Asset Management
09/13/2019
Pictet AM makes a move on China
The firm aims to participate in the Hong Kong-China Mutual Recognition of Funds scheme.
09/13/2019
This was probably the last decent chance AMP had
Others might have run away in fright when offered the top job at AMP.
09/12/2019
EFG’s Ongoing Quest for Entrepreneurial Talent amid Asia Pacific Expansion
EFG is now one of the largest Swiss private banks with a fast-growing global presence.
09/12/2019
Economic uncertainties worry more rich Asians than their Western peers
The survey also found that the investment goals and attitudes of Asian HNWIs were also quite different from the other Western markets.
09/12/2019
Is Australia’s strong economy headed for a downturn?
One is massive debt. Total government, corporate and household debt amounts to nearly 300 percent of gross domestic product, an unsustainable rate.
09/12/2019
Schroders launches new China multi-asset private fund
Multi-asset domestic private fund is the fifth private fund to be launched by the firm in China
09/12/2019
Asset-based fees – what would advisers do without them?
The survey showed that an annual fee was the dominant choice with respect to high net worth clients, with around 60% of respondents choosing this method
09/12/2019
Legacy planning for NRI business owners
They need to mix creation of wealth with assessing their future needs
09/11/2019
UOB launches initiative to ease generational transfer of wealth
Initiative aims to build a community of inter-generational leaders and enable them to share their experiences and knowledge
09/10/2019
Goldman Sachs' Asia Discretionary Assets Surge 25 Percent
This concept attempts to build robust portfolios by splitting assets into two major pools: one with the majority in stable, long-term holdings to anchor broader returns, the «core»; and another in smaller tactical and short-term investments
09/09/2019
First tranche of data from Swiss banks can unearth hidden wealth
Regulatory and government officials said the special focus of the analysis of the Swiss bank data could be on identifying people with political links
09/06/2019
Wealth firm bolsters Indian offering with acquisition
It wants to strengthen its reach and services for the high net worth space in the country
09/04/2019
The difference between Priority banking and Private banking
This level of banking is reserved for only the most High Net Worth Individuals by invitation only and it comes with its own suitably exclusive range of benefits.
09/03/2019
BoS: Growing «Non-Traditional» Insti Demand
A notably growing trend amongst this pool of clients is the emergence of «non-traditional institutional clients», a segment that is rapidly gaining prominence in the region.
09/02/2019
Pictet targets Asia as wealth managers battle for ultra-rich
New senior partner Renaud de Planta says headcount and revenues set to double in region
08/30/2019
YBR to remediate wealth clients
According to ASIC, fee disclosure statement obligations require advice providers to give retail clients with ongoing fee arrangements an annual statement setting out fees to be paid and services they are entitled to receive.
08/30/2019
Standard Chartered in Hiring Push to Grow Private Banking
Hitting $100 billion can give us credibility internally, help us to attract talent, Standard Chartered’s global head for private banking and wealth management, Didier von Daeniken, said in an interview.
08/30/2019
HNIs in India spend most on art, prefer investing in the UK; like Old Monk
Watches top the most-popular gift for men list, followed by electronics.
08/29/2019
India hiring spree for Deutsche Bank’s wealth operation
Country head says ‘plans are on for aggressive growth’