Managers of Wealth Asia Pacific

Everbright Sun Hung Kai unveils new wealth management service

In order to be eligible for the service, investors have to maintain a portfolio of HK$3m or more with the firm.

OCBC ups pay by 11% even as headcount falls

It was a different story at OCBC, where staff numbers fell by 261.

AMP apologises to shareholders at AGM: 'We let you down'

The company’s chairman says the failings in its advice business are ‘unacceptable’ and change is already taking place

Awards - a time for change?

As one of the respondents to our survey said: “Any publication has its absolute right to offer any award to anyone as we're in a free market.”

Credit Suisse: Thiam’s Asia dreams come true

It has taken a while, but a corner has been turned.

Schroders launches first fund investing purely in onshore China

Through our investment lens, we are able to identify exciting opportunities in the dynamic mid to small cap space

Seizing the Global HNW Expat Opportunity takes centre stage

According to the company’s latest report, ‘Seizing the Global HNW Expat Opportunity’, 65% of wealth managers target HNW expats.

Everbright Sun Hung Kai launches new account to compete head-on with private banks

Asset Power Account will allow existing or new customers with assets worth a minimum of HK$8 million (just more than US$1 million) to invest across a range of services

BNP Paribas targets mainland investors with socially responsible investment fund

QDLP qualification allows foreign asset managers to raise funds from Chinese investors to buy overseas assets such as shares and real estate investment trusts.

BTFG reports first half earnings growth

Westpac chief executive Brian Hartzer noted that all divisions of the group experienced core earnings growth, which is an improvement on the same period last year.

Goldman's $1 Billion Bankers Are Benchmark in Asia's Wealth Race

The rising pools of wealth partly reflect the sheer volume of rich individuals being created in Asia, a region that’s home to more millionaires than North America.

ANZ Scraps Sales Bonuses for Financial Planners as Inquiry Shakes up Sector

Senior ANZ representatives have testified that 5 percent of financial planning product sales were inappropriate

Urgent need for more holistic approach to wealth management

To help Malaysians understand comprehensive wealth management, its issues and developing opportunities, Harveston Financial Group will be holding the country’s first integrated holistic wealth management conference on June 9

Family offices take on higher risk profile

UBS yesterday hosted the Asian edition of the UBS Family Office Summit in Singapore

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.

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

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

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.

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.

IOOF flags ANZ Wealth results ahead of acquisition

Four of the bank's superannuation solutions experienced net outflows

Wealth and Asset Management