10/23/2017
Aussie firms enter £550m OMGI bidding war
It would be splitting off its £16bn multi-asset unit from OMGI ahead of its managed separation.
Wealth and Asset Management
10/20/2017
Elston launches SMA offering via HUB24
Elston currently offers a range of SMA models across HUB4, Macquarie, and Netwealth
10/19/2017
Liechtenstein Private Bank changes hands For $59.7 Million
Raiffeisen Privatbank, with clients from Germany, Austria, Spain, Liechtenstein, Russia and Switzerland, offers services for external asset managers, with assets under management of over 1 billion Swiss Franc as of Sept 30, 2017.
10/18/2017
SocGen Eyes Wealth Growth Outside Asia
To fulfil the sophisticated needs of the world's richest.
10/17/2017
China’s ‘One Belt, One Road’: Synergistic Opportunities for Labuan IBFC, Malaysia and China-based enterprises
The island of Labuan, and Malaysia has historically been an essential port of call in the ancient silk road given its strategic location within the Asian region.
10/17/2017
Investment Management Consultants Association Rebrands
Members can expect to see the same high-quality educational offerings along with new courses and more options for live and online learning.
10/17/2017
ANZ exits a vexed advisory business
There is global consolidation occurring within the life insurance industry.
10/17/2017
India's Axis Bank Q2 profit rises about 36 pct
Provisions and contingencies fell about 13 percent to 31.40 billion rupees.
10/16/2017
A new generation of HNWIs spur shift in investment
The recent resurgence in mergers and acquisitions and initial public offerings is also driving wealth growth.
10/16/2017
This private bank holds the largest AUM in Singapore
This was not enough to stop it from falling from fifth to sixth place in this year’s rankings.
10/16/2017
MUFG to Focus on Wealthy Clients
The bank hopes this will make resources available to better serve the bank's wealthier clients.
10/13/2017
UBS Updates Asia Private Bank
Information technology, or IT, is generally the most expensive profit-and-loss position save for personnel, and cutting costs, as finews.asia has written, is a big part of UBS' strategy.
10/13/2017
Maybank sets eyes across markets, segments to tap opportunities
Almost five years since its wealth management practice was launched, Maybank sees itself as having built about 70 percent of the capabilities that international private banks have.
10/13/2017
BNP Paribas Plans Asia Wealth-Management Hires as Rivals Retreat
Hiring relationship managers from other firms is one way to capture assets in a region producing evermore billionaires, because they bring their clients with them when they change employers.
10/12/2017
Law Firm Adds to Growing Asian Wealth Practice
As Singapore matures establishing itself as the private wealth management hub for the region a growing number of high net worth individuals and families, have been moving their funds to Singapore.
10/12/2017
Uncovering the value proposition of the BVI
The BVI is especially attractive because of its strong ties with the region.
10/11/2017
Getting positioned to tap the growth in wealth in Taiwan
Wealth managers must respond to this need quickly.
10/10/2017
China's Largest Private Bank Has Ambitious Growth Plans
Finding 300 fresh faces in the space of three years sounds an unreachable target especially with the fight for wealth management talent that has been raging across Asia not just in Hong Kong, for the past decade.
10/10/2017
AMP will be a 'simpler' business, says head of wealth solutions
AMP plans to give financial advisers greater access to separately manage accounts in the face of increasing competition
10/10/2017
ANZ may break up its wealth management division
Investment bank Goldman Sachs has been working on the plans for ANZ for several months, leaving some questioning when the process will reach a conclusion.