Managers of Wealth Asia Pacific

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.

Citi's conflict-free model for private banking

Coming out the GFC, Citi made a decision to change the focus and underlying strategy of its global private bank.

Credit Suisse claims strong Asia-Pacific M&A pipeline after reporting record quarterly wealth management and advisory revenues

Advent-backed ASK Group is working on a $250 million IPO

ASK Group has appointed JM Financial to work on the $200-250 million IPO, the final size of which will depend on the quantum of stake Advent International decides to sell

Spadework in China pays off as top five asset managers pull ahead

Z-Ben executive says anyone resting on laurels will be overtaken quickly

Lombard Odier and Bank Mandiri to offer onshore private bank services

Lombard Odier said it has inked a strategic agreement with state-controlled Bank Mandiri

ANZ's wealth sale driven by compliance breaches

A business risk and compliance committee identified in late 2013 that ANZ's financial planners were failing to provide advice that was in the best interests of clients.

Chinese migrants snub Australia's $5m 'golden ticket' visas

Productivity Commission report says the scheme is prone to rorting and should be scrapped

This Family Was Amongst the First to Bring Family Offices in India

Patni brothers restructured the company to become the holding company for investment as well as to manage the personal wealth of the family businesses in 2012.

Private Bank Expands in Singapore

The move also comes as VP enlists the help of former Julius Baer Asia banker Tom Meier to help bolster its business in Asia.

Credit Suisse Expands Asian Imprint

The move comes as Switzerland's second-largest bank obtained regulatory approval from Philippine financial regulators.

Cardena Private Wealth adds life insurance

MBS has secured the partnership at a time when growth in the life insurance risk market is slowing down.

Bank of Singapore to double wealth management staff in Hong Kong to cater to China’s rich

Bank also plans to set up family offices in major Chinese cities this year to help the wealthy with inheritance planning

Deutsche Bank said to shelve $4.6 billion India portfolio sale

Deutsche Bank has called off talks to sell its retail, private wealth businesses in India to IndusInd Bank after former CEO John Cryan stepped down this month

Global investment firm Nikko AM launches KiwiSaver Scheme

Nikko AM NZ – recently named Morningstar's NZ Fund Manager of the Year – has over NZ$5 billion under management and is part of a worldwide network of investment professionals.

Swiss Face Headwinds in Asia

The ten largest banks operating in the Asian growth market last year increased the number of customer advisors by almost 10 percent compared with the year-earlier period.

Lombard Odier Inks Indonesia Deal

The Indonesian partnership will also see Lombard Odier work with Bank Mandiri in developing private banking expertise and services.

Netwealth sells Pathway

A spokesperson for IRESS told Financial Standard the acquisition was a natural step for the software provider, having worked closely with Netwealth for more than a decade.

Morgan Stanley Wealth stalks JBWere; WAM sets global fund parameters

Among the options being considered for JBWere were a full or partial management buyout.

UBS Tops Ranking as Private Banks in Asia Expand Assets 29%

Assets under management in the region exceeded $2 trillion

Wealth and Asset Management