07/10/2020
Netwealth booms amid pandemic
Member accounts also increased for the quarter, lifting 4.2% or by 3261 accounts to 81,804.
Wealth and Asset Management
07/08/2020
Millennials in Malaysia: An Opening Emerges for Asset Managers
Right now, asset managers and distributors are vulnerable to being displaced by some of the big technology firms
07/08/2020
Creating Wealth: Taking successful business experience overseas through a joint venture
In order to ensure the venture was a success, they required help with legal, regulations and finances and in effective implementation of various governance, banking and accounting processes.
07/02/2020
Schroders to acquire majority stake in Pamfleet, a US$1.1 billion Asian real estate investment manager
The acquisition reinforces Schroders’ private assets and real estate capabilities, building on the recent purchases of Blue Asset Management, the value-add real estate specialist in Munich, and Algonquin, the Pan-European value-add Real Estate Hotel
06/30/2020
KKR, Apollo Among Suitors for National Australia Bank's Wealth Unit: Sources
KKR's interest comes on the heels of an agreement in May to pay A$1.7 billion for 55% of the Commonwealth Bank of Australia's wealth unit, Colonial First State.
06/30/2020
China unveils cross-border wealth management scheme with Hong Kong, Macau
The announcement comes as China seeks to impose a new national security law on Hong Kong, and only two days before the 23rd anniversary of the territory’s return to Chinese rule.
06/30/2020
Asiamoney China Best Wealth Managers 2020
The firm has continued to break new ground.
06/30/2020
Labuan IBFC: Interview with Chairman, Labuan International Insurance Association
In 2019, the insurance market’s profitability in Labuan IBFC grew by 43.7% and total gross premiums transacted at USD1.5 billion with 89% of the total premiums originating from the Asian market.
06/29/2020
Hong Kong still reigns as Asia’s leading wealth hub
Strong digital uptake, demonstrable investment savvy
06/29/2020
Julius Baer awarded Outstanding Wealth Management Technology Implementation
Hosted jointly by The Digital Banker and Global Private Banker, the Global Private Banking Innovation Awards- now in its second year
06/26/2020
Ping An Wealth Management Subsidiary Expands to Hong Kong
Hong Kong ranks top among international financial markets for its sophisticated regulatory framework, open markets and diverse financial products.
06/25/2020
Gold nears eight-year high as second coronavirus wave fears grow
"The combination of negative real yields and the prospect of an inflation surge due to massively increased money supply is sending prices higher,” adds Wilson.
06/25/2020
Wealth preservation rated top concern among Asia’s HNWI
Alternatives, multi-asset and fixed income are the three most sought-after strategies
06/25/2020
Quilter International Research reveals that Hong Kong investors prefer Traditional Asset Classes
Hong Kong HNWs show a degree of regional-bias in their investments and around half of all asset classes are invested in Asia.
06/25/2020
Bank of Singapore, PEs bid for stake in Edelweiss Wealth
A stake sale will help Edelweiss, which is battling rising bad loans and liquidity issues, raise funds for its credit businesses.
06/25/2020
HNWIs Tap Insurance for Wealth Planning
HNW individuals are a diverse segment and face specific challenges based on the source of their wealth.
06/25/2020
The Asset Servicing Awards 2020: Cross-border flows drive growth in North Asia
Winners stand out with consistent, quality service amid increasing competition
06/24/2020
Hong Kong wealth managers can't wait for new Connect programme, with Singapore ready to pounce on city's troubles
The new Connect programme will be the fourth China-Hong Kong cross-border financial plan, after the introduction of several stock and bond connections between 2014 and 2017.
06/24/2020
AXA Asset Management rebrands itself as Architas Indonesia
Edhi expressed optimism that mutual funds were still a promising long-term investment option, on the assumption that market conditions and investment instruments gradually improve after the pandemic subsides.
06/23/2020
Hong Kong wealth managers can’t wait for new Connect programme, with Singapore ready to pounce on city’s troubles
Cross-border Wealth Management Connect seen boosting Hong Kong fund managers like stock and bond programmes