05/15/2019
Credit Suisse Asset Management: Champion of Asian Fixed Income, Ready the Chinese Revolution
Bouchardy begins by zooming in on one of his favourite topics, the global fixed income markets, and Asian markets in particular.
Wealth and Asset Management
05/15/2019
Nervous clients flock to Singapore’s private banks amid trade tensions
Singapore’s local banks appear to act as a safe haven for wealthy investors increasingly twitchy over trade tensions and the uncertain outlook for the global economy
05/14/2019
Ex-Credit Suisse Top Shot Shoots Square in CEO Job
This newspaper ad move comes after AMP’s admission last week that its wealth management arm had suffered $1.8 billion of outflows in the first quarter of 2019 – its worst ever since the global financial crisis.
05/14/2019
Asia’s Rapid Growth in Wealth Turbo-Charges Demand for Investment Migration
Demand for alternative residence and citizenship is now driving thousands of individuals to investment migration programmes each year.
05/14/2019
Newly re-branded Principal Financial Group courts next generation HNWIs
To this end, Principal’s asset management arm will develop products and services that it believes will be attractive over the long term to these younger clients.
05/13/2019
The great Indian wealth churn: The rise of new billionaires and the fall of the old
The changes are set to help India's ultra-rich population grow at the world's fastest pace.
05/10/2019
Pictet Details Asian Wealth Plans
The wealth veteran noted Indonesia offers significant opportunities for wealth managers, especially since authorities launched a tax amnesty programme in 2016.
05/10/2019
10 wealth managers' top emerging markets picks
The Fed's volte face on US dollar appreciation has put a following wind behind EM: readers name their top allocation call of the year
05/10/2019
World’s rich put a third of funds into cash as trade war simmers
​According to a UBS survey released on May 7, 32% of high-net-worth portfolios are in cash.
05/10/2019
OCBC posts 11% rise in Q1 profit to S$1.23b
The last of the three local banks to report Q1 results, OCBC said total income for the first quarter rose 15 per cent to S$2.68 million, from S$2.33 billion a year ago.
05/09/2019
Penny stock crash: First private bank rep takes stand, reveals losses
The account was opened for trading investments supported by lending provided by Coutts with shares in Blumont Group Ltd and Asiasons Capital Ltd provided as margin security.
05/09/2019
Private Banking: Seven Recommendations to Stop the Rot
The fall in equity prices brought back memories of last fall, when investors sold off their assets.
05/09/2019
CreditEase Wealth Management Wins Two Best Wealth Manager Awards
The participants are required to be Chinese wealth management agencies, private banks or foreign-funded institutions operating in China.
05/08/2019
Adding Value and Enhancing the Offering as Private Wealth in Thailand Surges
Addressing the state of the wealth management industry first, Supornpaibul observes that the market is far more active than ever before, with participants focusing most of their energies on chasing down the onshore money rather than the offshore funds.
05/08/2019
Islamic wealth management holds plenty of opportunities
To put that in perspective, assets under management of the wealth management division of Malaysia’s Maybank, one of the largest banks in Southeast Asia, was $8.14bn in 2018 for both conventional and Islamic wealth management.
05/08/2019
Aligning the Stars: How Indosuez Wealth Management Aims to Offer the Best of Both Worlds
In Indosuez Wealth Management’s view, de Boer notes that the first quarter of 2019 has been a reaction to what was an over-reaction to the downside of the final quarter of 2018.
05/08/2019
Hong Kong’s Wealth Managers Lack Chutzpah to Charge for Advice
Private banking clients in Hong Kong have been accustomed to free advice, despite significant and growing investments made into market research, product selection and a myriad of platforms.
05/07/2019
Four Chinese tycoons just transferred US$17 billion of their wealth to trusts as government toughens up tax regime
The moves come as China’s super rich brace for the possibility of the government going after the wealthy to push through tax cuts for the masses this year.
05/07/2019
The Bank of East Asia, Limited Awarded as Best Private Bank in China by Global Brands Magazine
BEA has won "The Best Private Bank, Greater China", by significantly contributing to the way Banking is done by individuals.
05/06/2019
Asia’s Self-Directed Investing Legacy Weighs on DPM’s Prospects
Self-directed trading is pervasive among Asia’s private investors and its long-lasting legacy is dimming the near-term prospects of discretionary portfolio management in the region.