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
Wealth and Asset Management
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.
10/15/2019
BCA eyes retail investment customers with wealth management app
Wealth management services contributes 5 percent to the bank’s revenue.