09/27/2018
Philanthropy is more than an end-of-life donation: the nature of donors is changing
This wealth creation has happened as governments cut back on spending on social causes, especially since the global financial crisis a decade ago.
Wealth and Asset Management
09/26/2018
HSBC Singapore on hiring blitz to tap burgeoning Asia wealth
Bank plans to add over 400 staff as it aims to double total wealth from retail and private banking segments over next five years
09/26/2018
World Finance announces winners of Wealth Management Awards 2018
The organisations recognised by the World Finance Wealth Management Awards 2018 have not only been able to do so, they’ve also helped the industry overcome a number of emerging challenges.
09/26/2018
Japan’s Misaki Capital Appoints Northern Trust For Global Custody and Foreign Exchange Services
Tokyo based boutique investment manager Misaki Capital has appointed Northern Trust to provide custody and foreign exchange services to its US$600 million, Cayman-domiciled, Misaki Engagement Master Fund. “We appointed Northern Trust based on their
09/25/2018
How Societe Generale Private Banking has kept up with changing times
SGPB also realized then that changes in regulation as well as the need to reinforce investments in technological innovation were behind the increasing cross pressures around the globe for the finance industry.
09/24/2018
Building trust and relationships in Asia
This is why Hayoz believes that companies like Asiaciti Trust Singapore still occupy a valuable niche in the industry for their ability to represent continuity and stability in an often unpredictable world.
09/24/2018
How to retain HNW heirs as clients
The most popular answer was to involve HNW heirs during estate planning. About one quarter of wealth managers surveyed voted this as the most important factor in retaining the next generation of HNWs.
09/21/2018
33 executives of ICICI Securities quit to join WGC Wealth
About 26 executives who joined from ICICI Securities Private Wealth are front-end relationship managers.
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
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.