08/12/2019
Malaysian wealth firm seeks more offshore assets
Following its partnership with BOCHK AM, KL-based Areca Capital has made a similar arrangement with Value Partners.
Wealth and Asset Management
08/12/2019
Talent Wars: Why Wealth Managers Are In Demand At Family Offices
More than three new billionaires were minted weekly in Asia-Pacific, accounting for more than half of new billionaires worldwide.
08/12/2019
As Hong Kong lenders trim staff, prospects tighten for some expat bankers unless they change roles, take a pay cut
Deutsche Bank said in July that it plans to slash 18,000 jobs worldwide and close its equity sales and trading business globally, while HSBC said Monday, August 5, that it would lay off less than 2 per cent of its workforce.
08/11/2019
Ex-Credit Suisse Banker Suffers Pay Cut
AMP hired him as a so-called «clean skin», a non-Australian to clean up a major scandal over misleading customers and lying to its regulator.
08/11/2019
Maybank Debuts Wealth Offering in Philippines
The Philippines has been in the spotlight in recent times due to growing interest from others to tap into its market for its financial sector potential across various segments.
08/09/2019
Vistra India Update 380
Nonresident, not being a company or a foreign company who have any income chargeable under Income Tax Act 1961 (Act) during a previous-year from any investment in an investment fund set up in an International Financial Services Centre located in In
08/09/2019
Transferring Wealth to the Next Generations – Making the Most of the Opportunity
Why should wealth management advisory firms develop strategies to appeal to future generations who are either making or inheriting, Asia’s vast and rapidly expanding private wealth?
08/08/2019
CBA ends aligned advice amid profit plunge in private banking
Average funds under administration of A$149bn were 5% higher than last year.
08/08/2019
New strategy to reset AMP
“This strategy will put AMP on the path to sustainable, long-term value creation.”
08/08/2019
Waterfield, Dalmia Group form family office consortium
Founded in 2011, Waterfield works with family-owned businesses, trusts and endowments and single-family offices in several investment and non-investment-related areas.
08/07/2019
As Vietnam’s Economy Booms, More Luxury Buyers Emerge
“Across Vietnam, and particularly in Ho Chi Minh City, high-end real estate has spurred a wave of local and overseas interest and investment,” said Dung Duong, senior director, national head of professional services at CBRE Vietnam.
08/06/2019
Ultra-rich foreigners scramble for luxury homes in Singapore
The 21,108-sqft, triplex super penthouse occupying the 62nd to 64th floor of the Guoco Tower is reportedly the largest penthouse and the highest residence in Singapore.
08/06/2019
Asia Wealth Group Holdings Ltd - Audited Results to 28 February 2019
The Board remains focused on further acquisitions and partnerships in Europe and the Americas as well as the south-east Asian region.
08/05/2019
HSBC first-half profit rises 16%, announces $1 billion buyback
Europe’s biggest bank by assets reported a pretax profit for the first six months of $12.41 billion, up from $10.71 billion in the same period a year earlier.
08/01/2019
StanChart first-half profit rises 3%, beats forecasts
The latest profit compared with the $2.23 billion average of 11 analyst estimates compiled by Standard Chartered.
07/31/2019
Wealth Management Market to achieve considerable growth in 2025
The growth is attributed to the rise of high net worth Individuals.
07/31/2019
The new and promising landscape of wealth management in Asia
Singapore and Hong Kong are leading global centres for financial regulators, which gives the investing public peace of mind.
07/31/2019
5 Reasons Singapore is Winning Asia’s Wealth Management Hub Race
What seemed like a foregone conclusion then is now looking increasingly uncertain.
07/31/2019
Private equity fund raising $300m
It is targeting an internal rate of return of 15% and dividend yield of 3-4% over the life of the trust.
07/30/2019
Hong Kong’s asset and wealth management business reaches HK$23,955 billion in 2018
Net fund inflows reached US$100 billion despite 5% fall in adjusted AUM of asset and wealth business, according to SFC survey