Managers of Wealth Asia Pacific

Private Banks, HNWIs focusing on private markets in wake of Covid-19

Investors seek out alternative assets as they find it more difficult to make money in public markets nowadays

Wealth industry headed for supermarket-style duopoly

The developments may trigger a major re-organisation of Australia's wealth management industry, which is still reeling from the damning findings of the Hayne royal commission and the retreat of the once-dominant big four banks from the sector.

Wealth Management in Vietnam – Understanding the Opportunities, Rising to the Challenges

The consensus amongst them was one of measured optimism, aligned with realism that Vietnam’s wealth market still has many years of catching up to nearby countries such as Thailand.

Financial turmoil gives investors good opportunity to challenge advisers’ fees

Top wealth managers have been quick to declare that the Covid-19 pandemic has highlighted their strengths

Big banks' costly 20-year foray into wealth management is almost over

And thus was born the new era of bancassurance – the term that was applied to what would become one of greatest (but legal) shareholder capital heists in corporate history.

SCB-Julius Baer eyes larger assets under management

SCB holds a 60% stake and the rest is owned by Julius Baer.

Hong Kong’s Asset and Wealth Management business reports strong growth in 2019, says SFC

Net fund inflows of HKD1,668 billion (USD214 billion) were recorded for the asset and wealth management business during 2019.

Werner Schlossmacher: «Increased Agility Will Remain Post-Crisis»

But as a private banker from the pre-digital era, it may sound like the machines are swallowing daily tasks and threatening to take your job.

Intertrust to expand footprint in India with acquisition of leading corporate services provider

The acquisition of Sameer Mittal & Associates, which is located in New Delhi’s financial and technology hub, builds on Intertrust’s strategic commitment to being at the forefront of technology

IOOF buys MLC Wealth for $1.4bn

This is a once in a generation opportunity to create the leading wealth manager of the future.

Credit Suisse Plans to Double China Headcount in Five Years

Asia’s largest economy has the most millionaires after the U.S. and its financial opening this year has presented global banks and asset managers with an unmatched opportunity for expansion.

Hong Kong’s PB, WM assets up 19% in 2019

Assets sourced from family offices and trusts grew nearly 90% during the year.

HSBC ‘aiding China’s Hong Kong crackdown’

US attacks freezing of pro-democracy accounts

'She' to power wealth management

Nearly half of the female respondents on the mainland took the lead in such matters, while 37 percent made decisions jointly with their spouse, higher than the 23 percent and 19 percent globally.

DBS’s Joseph Poon: Stability from a sea of troubles

Joseph Poon is group head of DBS Private Bank, one of Asia’s leading wealth managers.

Malaysia’s AMMB, US insurer Metlife mull sale of AmMetLife Insurance, report says

As of end-June, AMMB had 163 billion ringgit (US$39.09 billion) of assets and MetLife had $767 billion of assets.

Taiwan can play pivotal role in wealth management: Vice President Lai

Turmoil in China, 5G revolution both key factors

Julius Baer’s Thai Joint Venture Eyes Top 20 Ranking in Asia

SCB-Julius Baer has lofty goals to be a serious player in Thai private wealth management with a market share target of 1 trillion baht ($32 billion).

Two Sydney advice firms merge

Two Sydney-based advice firms have merged, with the firms saying it was not a decision either party made lightly.

‘Survival of the fittest’: Three sectors that stand to benefit from Covid-19 trends

Global businesses aimed at taking advantage of this cohort stand to be the big winners out of coronavirus as people return to the shops.

Wealth and Asset Management