05/04/2018
Family offices take on higher risk profile
UBS yesterday hosted the Asian edition of the UBS Family Office Summit in Singapore
Wealth and Asset Management
05/04/2018
UBS Becomes First Global Bank to Take Advantage of China Opening
UBS said in a separate statement it aims to raise the stake in its China venture to 51 percent, up from the current 24.99 percent.
05/04/2018
Big Winners From India's Cash Clampdown Are Private Bankers
The recruitment drive at the private banking unit, which started in the early 2000s, moved into high gear last year as India’s rich started shifting investments away from property and gold
05/04/2018
Family offices see potential in asian fashion
A large part of the investment is for ZAM (Zilingo AsiaMall) which is a B2B platform that helps local retailers to purchase from Asian suppliers directly for minimum quantities
05/03/2018
National Australia Bank to sell MLC as another bank flees wealth management
The scandals bubbling up from wealth management and financial advice divisions at the banking royal commission has only hastened the bank's decision to retreat.
05/03/2018
Bank of Singapore is upbeat on its Middle East prospects after a sound start to 2018
The bank moved to its premises in Dubai International Financial Centre in 2016 and currently has more than one hundred employees based in the city.
05/02/2018
IOOF flags ANZ Wealth results ahead of acquisition
Four of the bank's superannuation solutions experienced net outflows
05/01/2018
Thailand - recent developments in wealth management
There have been a number of recent legal and regulatory changes in Thailand that have impact from a wealth management perspective.
05/01/2018
Changing Perceptions: How Private Banks Are Nurturing Young Leaders
As a result, over the past decade or so private banks have developed suites of so-called next-generation programmes with the aim of deepening their involvement with such customers.
04/30/2018
DBS Shares Gain to Record After Quarterly Profit Beats Estimates
Rising local interest rates are helping the lenders charge more for loans, and DBS is earning higher wealth management fees after acquisitions helped it expand services for millionaires in Asia.
04/30/2018
Invesco's Asia quarterly AUM up 1.7%, net inflow from region highest in over a year
Invesco recorded net outflows of $1.7 billion and $1.4 billion, respectively, from its US and UK divisions.
04/30/2018
Small players win in Benchmark Private Wealth Awards
Inaugural awards organised by WealthAsia Media honours best practices in the wealth management industry
04/29/2018
Philanthropic assets can grow by half if Hong Kong relaxes taxation cap
Hong Kong’s relatively relaxed legal requirements for charitable organisations is one major draw to being the best city in the region to establish such structures
04/27/2018
A game of catch-up: the drive to evolve wealth management in the Philippines
The consensus is that the growth potential is as vast as are the challenges facing the industry.
04/27/2018
Westpac chief Brian Hartzer not giving up on wealth management
If you really want to do the right thing by customers we have to find a way to crack sustainable financial advice
04/26/2018
Bank Mandiri looks to wealth management for revenue growth
The partnership with Lombard Odier, a Swiss bank, will enable publicly listed Mandiri to improve its wealth management unit
04/26/2018
Vistra doubles international expansion services business with acquisition of US-market leader Radius
Following the acquisition, Vistra will have a global IES team of 1,300 employees and a support network of over 3,300 staff, operating in over 70 offices and 40 jurisdictions.
04/26/2018
Pictet launches Asian Corporate Bonds fund
Launched on 18 April
04/25/2018
International Financial Centres – are they still relevant and viable today?
The dozen wealth professionals attending the roundtable discussion in Hong Kong’s China Club represented a variety of global private and investment banks, law firms and independent advisory firms.
04/25/2018
WA’s richest add more wealth to their pile
Despite Andrew Forrest paying the price for concerns about lower grade iron from his Fortescue Metals Group, eight of the 10 biggest winners to 2018 have connections to mining.