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Wealth and Asset Management

10/31/2019

Puhui Wealth Investment Management Co. Ltd. Announces Financial Results for the Fiscal Year Ended June 30, 2019

We remain focused on utilizing our existing partnerships, such as with Yingke, to provide access to a broader base of investors where we can prove that our long-term investment philosophy can gain traction over time.

10/31/2019

Financial Network Championing Diversity Launches in Asia

We want to inspire and empower women, as well as demonstrate the benefits of gender equality

10/30/2019

Allfunds becomes DBS fund platform provider

Wealthtech provider will provide access to third-party mutual funds

10/29/2019

Julius Baer ups Hong Kong headcount despite ongoing civil disorder

He also added that the majority of its recent appointees were drawn from competitor banks within the Asia-Pacific region

10/29/2019

Noah Holdings Limited to Hold 2019 Annual General Meeting on November 27, 2019

Holders of record of our ordinary shares at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person.

10/29/2019

Building Portfolios: Diversification, Wealth Protection, Risk Management and Gold

Gold is an emotional commodity,” he commented, “but remember that gold over a 50-year period has performed well in comparison to mainstream financial assets and almost all major fiat currencies.

10/29/2019

New Roy Morgan Report Fills the Information Gap on Australians’ Net Wealth

By calculating total personal assets and subtracting total personal debt

10/28/2019

Wealth management more popular among Chinese: report

Investment and wealth management products studied in the report included investment products developed by banks, treasury bonds, funds, stocks and various tools provided by online platforms.

10/25/2019

Julius Baer Hires Amidst Unrest in Hong Kong

Shick hired forty bankers in the last six months for a Hong Kong-based team catering to wealthy Chinese, Taiwanese, and Hong Kong clients, he said.

10/25/2019

Raffles Family Office Forms China Onshore Joint Venture

Raffles Family Office has a professional and international team and iFAST Corporation has a tremendous client base and influence in Asia

10/24/2019

State Media Cautions Against Bragging About Chinese Wealth

China's GDP per capita is still below $10,000.

10/24/2019

AMP sees record outflows from wealth management products

The outflows were driven by A$600m in pension payments to clients and a further A$200m in in payments as a result of the introduction of the ‘Protecting Your Super Legislation’

10/22/2019

Zurich WM to open first office outside of Switzerland

It will primarily serve as an outlet for connecting with clients in the region.

10/22/2019

Hong Kong has second-highest average wealth per adult globally

Global wealth grew during the past year by 2.6% to US$360 trillion, according to latest edition of Global Wealth Report

10/18/2019

Indonesia’s private wealth forecast to rise

Indonesia’s affluent population is forecast to grow annually around 8%, and foreign firms have been moving in.

10/17/2019

A Call to Arms: Wealth Managers in Asia Must Adapt Now to a Brave New World

However, unless the industry heeds the inevitability of commission compression – private banks in Asia still extract a very large portion of their revenues from product sales and execution – there is a significant risk of a profits implosion.

10/17/2019

Australia has never had a 'true wealth industry': AMP

AMP's immediate priorities are to “get money back to clients”

10/17/2019

Singapore Wealth Managers Merge

The firm's investment team will be led by co-chief investment officers Sylvain Baude and Oliver Destandau

10/17/2019

BNP Paribas and Bank of Baroda merge India units into asset management joint venture

State-owned Bank of Baroda, based in the state of Gujarat, is the third largest lender in India, with 9,500 branches across the country.

10/15/2019

Indonesia's rising HNW population is 'opportunity for wealth managers'

This represents an average annual growth rate (AAGR) of 7.3 per cent. The number is expected to grow further to 1.5 million in 2022.

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