06/20/2017
This cooling is not only due to the slowdown of China’s economy, but is also a result of China’s increasingly strict capital controls on overseas investments, such as property and insurance policies, according to Reuters.
06/19/2017
Analysts say that while larger platforms have scope to grow, smaller players will struggle in the face of tighter regulation
06/18/2017
By the end of 2015, a total of 1.2 billion swiss franc (about Rs 8,392 crore) was stored by Indians in Swiss banks. The amount is lowest-ever since 1997.
06/18/2017
It is simply more practical for them to open an account in an Asian financial center than in Switzerland.
06/16/2017
The acquisition would further enhance Indosuez Wealth Management's footprint and position in Asia
06/16/2017
It has also been adding bankers to both its Singapore and Hong Kong business units.
06/13/2017
This is according to Juan Manuel Aronna, managing director and head of investment solutions and products for RBC Wealth Management in Asia.
06/13/2017
The merger has enhanced the global reach by combining Janus’s strengths and Henderson’s strengths in the United States and the United Kingdom, respectively.
06/13/2017
Two people briefed on the matter — a company executive and a business partner of Anbang — confirmed that Mr. Wu had been detained.
06/12/2017
Most of the clients of the banks were aged 40 and above, private entrepreneurs and female.
06/12/2017
A new report from Moody's Investors Service Investors Service claims that China's banking sector has seen moderated growth in the production of new WMPs as the country has stepped up efforts to contain risks in the financial industry.
06/12/2017
The IAM also announced the addition to its board of a seasoned wealth manager with strong Asian links and experience.
06/11/2017
China's fast-expanding wealth management industry has been considered a source of financial risk, as off-balance-sheet WMPs channel deposits into risky investments without enough regulation.
06/11/2017
The region is late to the party, but with much ground to catch up on and demand from both governments and investors, there's ample room for growth
06/09/2017
They face similar succession issues as individuals from many other countries.
06/09/2017
Mason Baxter announces intention to expand wealth management operations in Asia-Pacific region
06/08/2017
The retail division currently has about 400,000 affluent clients in Asia, with assets ranging from $100,000 to $10 million.
06/08/2017
The Charter incorporates five high-level principles together with examples of measures to guide PWMA members in their implementation.
06/08/2017
Across the major and regional banks we are left with no buy ratings, three neutral ratings and three sells.
06/08/2017
The average portfolio is heavily invested into cash and near-cash products and property, and this is not expected to change in the near future.