Managers of Wealth Asia Pacific

Wealth managers struggle to meet clients’ technology expectations – Avaloq research

Despite this, Avaloq found that wealth managers have little confidence in their technology systems

Banks expand wealth management beyond finance

Against this backdrop, managing the assets of high-net-worth individuals has emerged as a key strategy for banks to generate revenues.

Select 50: Asia’s leading sustainable companies

These have the potential to generate attractive long-term returns, albeit with a higher degree of volatility along the way.

Sergio Ermotti: «Growth Will Be Less Linear in Asia»

The growth will be less linear in Asia, which is probably important in absolute terms but wealth creation and the demographic trends are really supporting [the business]

Private Banks Unmoved by China’s Stimulus Package

While the package was more aggressive than expected, private banks did not much shift their stance regarding China’s economy and markets.

Pictet AM launches sustainable bond fund into China

The Swiss asset manager has brought out its second qualified domestic limited partnership (QDLP) fund for mainland investors.

Kasikorn AM partners with JP Morgan to launch two feeder funds for Thai clients

The partnership will offer Thai investors access to JP Morgan AM’s active ETFs

Asian Anchors: Leading the Way in Captive Innovation

Guiding risk management in a continually changing captive insurance environment

World’s biggest millionaire boom draws wealth managers to Taiwan

A bank predicts the number of millionaires in the territory will grow by half in the five years to 2028, reaching almost 1.2 million

Hong Kong's DL Holdings looks to acquire $2.6bn Singaporean wealth firm

The unnamed target firm is founded in 2008 and has over 400 clients to date, with significant presence in Singapore and Dubai.

Citi’s Global Head of Wealth Visits Hong Kong

Citi’s New York-based head of wealth, Andy Sieg, recently visited Hong Kong

Wealth platform Wrise expands in Hong Kong as more family offices set up shop

The company is an independent platform that is linked with 150 financial partners, including Goldman Sachs, JPMorgan, UBS and others

DBS aims to double fees from wealth management by 2027 as rich shift assets to Singapore, Asia

Wealthy clients of South-east Asia’s largest bank usually invest their cash to improve returns

Single family offices reach 1,650 as wealth management sector booms

Wealth management AUM grew by over 8% in 2023, continuing its upward trend, with a five-year compounded annual growth rate of around 10%.

Singapore Adds Hundreds of Family Offices in 2024

In total, 1,650 single family offices have been awarded tax incentives, up from 1,400 at end-2023 and 400 in 2020.

Citigroup to Hire Talent in Hong Kong in Wealth Push

The talent will be based in Hong Kong and serving the region more broadly, Sieg said, declining to provide numbers.

Personalised investment behind growth of Thai private wealth

This group of investors, categorised as High Net Worth Individuals (HNWIs), experienced a growth rate of 10.3% in 2023

Singapore’s wealth management sector growing, as single family offices balloon to 1,650

An SFO manages assets belonging to only one family.

"Building a Stronger Tomorrow: Family Offices in our Flourishing Wealth Management Landscape" - Speech by Mr Chee Hong Tat

The family office community in Singapore is a vibrant and growing space.

iCapital to Deliver Integrated Alternative Investment Platform to HSBC Global Private Banking

The solution will be fully integrated into HSBC’s platform to digitalize the private market investment experience for its relationship managers, investment counsellors and operations teams.

Wealth and Asset Management