07/03/2024
Futu Announces Its Wealth Management Business Surpassing $10 billion in AUM
Futu’s fully-owned subsidiary, Moomoo Securities Malaysia Sdn. Bhd., has recently received approval for Institutional UTS Adviser registration
Wealth and Asset Management
07/01/2024
HNW spending heralds a return to the Roaring 20s
Buoyed by financial optimism, HNWs are spending more on luxury, Julius Baer reports
07/01/2024
Indonesia eyes regional wealth management hub status but ‘trust’ needed to attract investors
Issues with Indonesia’s institutional capacity and governance could deter future investors, while legal changes may also be needed, analysts say
07/01/2024
Nomura seeks global acquisitions to expand wealth management business
Chief of Japan’s biggest brokerage and investment bank says he expects a generational shift with savers becoming more adventurous
07/01/2024
HSBC Fights UBS for Asia Wealth Under Former Wall Street Banker
Company lost title to UBS when Credit Suisse was taken over
07/01/2024
OCBC Enters Partnership With Goldhorse; Furthering Its Commitment to Digitally Strengthen Its Structured Note Offering
This diversifies investment opportunities for PWM clients by giving them access to products from an issuer with a rich history of integrity, innovation and customer focus.
06/28/2024
Nikko Asset Management and Tikehau Capital Finalise Strategic Partnership in Asia
Includes distribution agreement, establishment of joint venture, and Nikko Asset Management acquiring an equity stake in Tikehau Capital
06/28/2024
Should private banks keep or close their Hong Kong NRI desks?
With Hong Kong's NRI population dwarfed by those in Singapore and Dubai, private banks are rethinking their desks dedicated to the diaspora.
06/28/2024
Leading law firm for philanthropy and DEI in Asia Pacific
For the sixth consecutive year, Withers also achieved multiple wins at the WealthBriefingAsia Asia Pacific and Greater China Awards
06/28/2024
Labuan IBFC Inc. and STEP Malaysia jointly host wealth management and estate planning event
This inaugural event shone a spotlight on wealth management ecosystems both in Malaysia and Labuan IBFC
06/27/2024
CTBC Bank achieves major milestone with Avaloq to offer an enhanced private banking experience in Hong Kong and Singapore
The new platform enables CTBC Bank to offer specialized private banking products and services in Hong Kong and Singapore.
06/26/2024
Dubai ranks 12th in Julius Baer’s Global Wealth and Lifestyle Report as relative ‘cost of living’ remains competitive compared to major global cities
Dubai is the 6th most expensive city in Europe, Middle East, and Africa (EMEA) and 12th in the global ranking of the Lifestyle index
06/26/2024
Ping An Asset Management Up to No. 33 in Top 500 Asset Managers 2024
This is the fifth consecutive year PAAMC has been on the list, and fourth consecutive year in the top 50.
06/26/2024
HSBC GPB’s Lina Lim: diversification is vital
This has given her a firm perspective on the needs of her clients across the wealth spectrum.
06/26/2024
Singapore retains spot as costliest city for high-net-worth individuals to live well: report
But the Asia-Pacific region is no longer the most expensive due to falling prices in some cities
06/25/2024
Taking a Look at Singapore’s Merits as a Global HNW and UHNW Wealth & Advisory Hub
The discussion opened with a close-up and personal on the upcoming FATF evaluation scheduled for August, as this looms large over Singapore's financial sector.
06/25/2024
Macquarie Asset Management announces final close of global opportunistic real estate fund
Macquarie Asset Management’s Real Estate division is a global real estate investment business with a track record of identifying and investing in sectors backed by global megatrends.
06/24/2024
Jessica Cutrera: Speed Favors Hong Kong as Family Office Hub
Competition between Hong Kong and Singapore as the wealth hub of choice for family offices continues.
06/21/2024
BNP Paribas WM remains overweight global equities
A soft landing for the US economy will support asset prices despite a pause on interest rate cuts, according to the firm’s Asia CIO.
06/21/2024
Standard Chartered HK simplifies investment complexities with new campaign
This comes after the bank realised affluent clients know investment opportunities exist, but the rapid influx of information makes investment decisions more complex than ever.