09/20/2018
ESG investment demand set to escalate in Asia
Asian wealth managers need to factor in a younger generation who are not only concerned with the financial outcomes of their funds but also the social impact of their investments
Wealth and Asset Management
09/20/2018
Vontobel's Alex Fung: «Deals Are Difficult, But Not Impossible»
We have the funds and we have the will to acquire but we need to find the right fit,» Vontobel Asia CEO Alex Fung tells finews.asia in an exclusive interview.
09/20/2018
Thai Wealth Management Industry Looks Overseas to Boost Investment Offerings
Fixed income funds remain more popular than equity funds in Thailand, according to data from the Securities and Exchange Commission.
09/20/2018
China Allows Wealth Management Products to Buy Stocks Directly
Regulatory change comes as stock indexes hit multi-year lows
09/20/2018
Nikko Asset Management establishes Corporate Sustainability Department
Specific internal ESG commitments include nurturing diversity and inclusion for LGBT, women, and those living with disability; monitoring adherence to local Corporate Governance Codes; and minimising impact on the environment.
09/18/2018
Credit Suisse eager for Thai wealth pool
Credit Suisse's Asian Family Business Report also finds that 66% of all listed companies in Thailand with market capitalisation above $50 million are family owned businesses
09/18/2018
Rich Asian family-owned firms create more wealth
Financials, consumer staples and consumers discretionary makes up the top three sectors in terms of the sector contributions towards the total market capitalisation.
09/18/2018
HSBC steps up Singapore and Hong Kong hiring to cash in on Asian goldmine
The world’s ultra rich are continuing to settle in Asia with the number of HNWIs growing 12.1% to 6.2 million with total wealth holdings of US$21.59t, according to a study by Capgemini.
09/17/2018
Standard Chartered Private Bank integrates tech and tradition for new UK Resident non-Domiciled service
Standard Chartered’s UK RND service uses technology based safeguards to automatically segregate cashflows.
09/14/2018
Private bank of the year: Citi
Asia Risk Awards 2018
09/14/2018
Mindsets and strategies: Helping HNW clients adapt to volatility and doubt
The discussion, which took place in Singapore on an off-the-record basis, provided a forum for wealth management peers to debate their approaches to the current state of the global economies and financial markets.
09/14/2018
DBS Avoiding ‘Crazy Rush’ to Hire Private Bankers, Tan Says
Competition in Asia’s wealth industry is intensifying as the region sprouts millionaires more quickly than anywhere else in the world.
09/13/2018
HSBC Singapore to roll out new banking solutions to HNWIs
Singaporeans place a premium on their children receiving a university education, and they’re prepared to pay for it.
09/12/2018
UBS's Blessing Sees Impact of Trade Tensions in China
Falling markets tend to lead to less trading as clients become more risk averse, and also reduce the net interest income and fees the bank is able to generate as investment volumes and deposits go down.
09/12/2018
HSBC to bolster Asia private banking headcount, double client assets
HSBC’s global private banking business manages $330 billion worth of clients assets, and Asia accounts for 39 percent of the total, making it the single largest market for the bank.
09/12/2018
China Top 10 private banks' AUM exceeds RMB 8 trillion in 2017
AUM growth slowed slightly in 2017, dropping from 21.8% in 2016 to 16.8%.
09/12/2018
Rich investors see the Nikkei exodus as an omen. Here's why.
The forced Japanese retreat from regional property investments led to the worst fixed-asset recessions on record in Queensland and New South Wales.
09/12/2018
Nikko expands green bond capability
"We believe this best positions us to deliver sustainable alpha for our clients in a fixed income portfolio while also contributing to the preservation of the environment."
09/12/2018
Malaysian wealth management - preparing for the future
The growing sophistication of the high net worth segment and the ultra-HNW market is encouraging the banks and other wealth providers to offer a far more diversified range of assets and services than ever before.
09/11/2018
The daughter of an Indian billionaire is hiring 12 staff members to help her get through university — including a maid, butler, and a private chef
An advert was placed earlier this summer looking for "an outgoing, cheerful" maid with an energetic personality to work within the household.