06/13/2017
China Detains Chairman of Anbang, Which Sought Ties With Jared Kushner
Two people briefed on the matter — a company executive and a business partner of Anbang — confirmed that Mr. Wu had been detained.
Wealth and Asset Management
06/12/2017
Private banking boom in China
Most of the clients of the banks were aged 40 and above, private entrepreneurs and female.
06/12/2017
Regulation Slows Wealth Management in China
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
Swiss Asset Manager Looks to Asia
The IAM also announced the addition to its board of a seasoned wealth manager with strong Asian links and experience.
06/11/2017
China slows wealth management product issuance amid tightened regulation: report
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
Asia catches the sustainable investment bug … at last
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
How to service Chinese wealth as it goes global
They face similar succession issues as individuals from many other countries.
06/09/2017
Mason Baxter Wealth Management Expansion Planned
Mason Baxter announces intention to expand wealth management operations in Asia-Pacific region
06/08/2017
Citigroup Expands Asia Digital in Bid to Reach Affluent Clients
The retail division currently has about 400,000 affluent clients in Asia, with assets ranging from $100,000 to $10 million.
06/08/2017
Treat Customers Fairly Charter for Private Wealth Management Industry
The Charter incorporates five high-level principles together with examples of measures to guide PWMA members in their implementation.
06/08/2017
Australian banks the least attractive in the region
Across the major and regional banks we are left with no buy ratings, three neutral ratings and three sells.
06/08/2017
China Wealth Market Report Challenges, Opportunities & HNW Investors 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.
06/07/2017
It’s a Given: the State of Chinese Philanthropy
“Teachers and schoolmasters will also have access to skill improvement and leadership promotion training.”
06/06/2017
The rise of the nouveau riche
China’s private wealth management industry has taken off over the past ten years
06/06/2017
Revolution or evolution?
Fintech and private wealth in Asia
06/06/2017
Banking: Go for a balanced portfolio, says CIMB Private Banking
In equities, we tend to favour growth stocks and shy away from yield and defensive stocks.
06/05/2017
Bank Mandiri targets Singapore private wealth
It plans to apply for another licence to run private banking operations.
06/05/2017
How clients choose professional advisers for succession
The obvious criterion of choice is trust.
06/05/2017
Investing in golden opportunity
What is unique, he explains, is that the client can view their precious metal at any time.
06/03/2017
Indonesia's Mandiri eyes S'pore private banking business
Many rich citizens said to have kept $347b of assets abroad, with a big chunk in Singapore