Managers of Wealth Asia Pacific

Irrevocable trusts offer max benefit for HNI

By doing so, it is possible to defer the income arising to them till the time the trust distributes funds.

As Growth Hits a Speed Bump, Wealth Managers Seek to Adapt

This sixteenth annual study by BCG outlines the evolution of private wealth from both a global and regional perspective, addresses key industry trends, and explores evolving client needs -- particularly those of underserved,

Private banking offers rich pickings for S'pore banks, but it's an expensive business

But it's not an easy business to capture, and gaining market share is very expensive.

Global wealth managers cannot grow without including India

Over half of HNWIs surveyed believe it is important for their financial advisor or wealth manager to have a strong digital offering – a proportion that rises to almost two-thirds among HNWIs under 45 and in Asia, the report said.

Global wealth managers cannot grow without including India

It also highlighted that only a quarter of wealth managers offer digital channels beyond email and what they offer is sharply at odds with what the HNWIs expect.

China initiatives prompt Hong Kong setup for BBH

Brown Brothers Harriman (BBH) has launched a trust company in Hong Kong following the rollout of cross-border initiatives in China.

Singapore Crackdown Signals Cost Jump for Asia Private Banking

Financial-industry costs to curb money laundering were already forecast by LexisNexis Risk Solutions to reach a record $1.5 billion in Asia this year.

Singapore crackdown on BSI Bank signals cost jump for private banking in Asia

Singapore's clampdown on BSI over its ties to a Malaysian state investment fund - its most stringent action in three decades

India's new jet set: The Donald's next Trump Tower in Mumbai will offer wealthy residents a private PLANE service

As rising wealth bolstered demands for branded homes in India, Trump seized on the trend and launched his Trump Tower luxury apartments in Mumbai and Pune.

Former EFG private banker joins Swiss pure play in Singapore

Less than two months after Asian Private Banker reported on the departure of an EFG private banker, the individual in question has resurfaced at Singapore-based Swiss pure play.

Wealth managers voice concerns on L&I ETFs

Investors must be properly educated on leveraged and inverse exchangetraded funds and what they should be used for or they risk big losses, warn wealth industry executives.

Wealth Management For The Asian Super-Rich

What is very telling is that many Asian self-made super-rich are digital natives requiring wealth managers to be adept communicating with them in the way.

Wealth management dividends to stay strong

With banks around the world beginning to cut their dividends, Columbia Threadneedle's global equity income fund has shifted its focus towards the wealth management sector.

Bank of Singapore launches new front-line training initiative

In 2015 alone, Bank of Singapore said its employees clocked in twice as many training hours as they did the year before; client-facing staff averaged 90 hours of training.

Morgan Stanley aims to return wealth arm to profits

Harker said the wealth unit - run by Ian Chambers - was aiming to break even by the end of 2016 and to return to profitability through 2017.

StanChart here 'has strong Singaporean core': Lim Swee Say

Foreign PMETs or employment pass holders account for only 7 per cent of the PMET employees," he added.

AP Executive Wins Global Award 2016

The winners were chosen after a rigorous nomination and selection process

Investec Wealth Finds Its Niche in Hong Kong

The wealth manager says customized advice will attract clients not served by other private banks in the region.

Leading third-party wealth management service provider Opens Office in Hong Kong

Since the Group''s listing on the New York Stock Exchange last July, it has focused on the opening of the Hong Kong office, a key move in advancing its strategic international presence.

StanChart's Massive Layoffs Mostly Complete

The massive job cuts announced by Standard Chartered Bank's headquarters last year have mostly been made and any further cuts to headcount here will be normal attrition

Wealth and Asset Management