10/17/2017
ANZ exits a vexed advisory business
There is global consolidation occurring within the life insurance industry.
Wealth and Asset Management
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.
10/10/2017
Natixis GAM plans to double Asia-Pacific AUM in three years
Natixis Global Asset Management lays out Asia-Pacific expansion plans to leverage on Asia, China growth
10/09/2017
Netwealth sets price for float
The group will be worth between $736.6 million and $879.2m once floated.
10/09/2017
Thailand’s SCB Asset Management Enhances Portfolio Decision Support with Charles River IMS
Charles River IMS has been instrumental in supporting SCBAM’s rapid business growth
10/08/2017
China's sovereign wealth fund hits 900 bln USD
CIC has generated an annual return of 14.35 percent, with that from overseas investment at 5.51 percent.
10/06/2017
How BNI Asset Management is finding its niche
Although most asset managers look to adopt a multi-channel distribution strategy, banks remain the dominant force in reaching affluent Indonesians.
10/06/2017
Starting Anew
Deutsche Bank Wealth Management has staged a remarkably quick turnaround, with a slate of new talent eager to build the German name in wealth management to new heights in Asia.