Managers of Wealth Asia Pacific

Why Deutsche Bank’s little jewel in India was spared the axe

Deutsche Bank’s unit has the lowest bad-loan ratio of the five largest foreign banks operating in India, the latest filings to the central bank show

Old Mutual International wins at the Hong Kong Insurance Awards

Old Mutual International, the cross-border business of Old Mutual Wealth, won the Most Innovative Product/Service award for the Wealth Management Plan at the recent Hong Kong Insurance Awards.

Standard Chartered thought likely to be a takeover target

With the level of capital that the bank has, footprint to boot and the opportunities in scale, the bank is definitely a target now

Mirae Asset Securities to offer wealth management services

For such a restructuring, it has recruited experts in wealth management and investment consulting from the local talent pool and plans to additionally take on new hires.

CBA integrates ESGs into wealth management

The new framework covers the bank's wealth management division

S'pore operations still play key role in StanChart's future

The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore.

Labuan IBFC: Asia's wealth management sector needs to embrace techology

The demand from and the sophistication of Asia-Pacific's rich and ultra-rich are compelling the wealth management industry to change or realign business models, increase the use of technology, and offer innovative solutions

UBS sets up US$100m outbound investment shop in Shanghai

UBS is following other fund managers including BlackRock Inc , Och-Ziff Capital Management Group LLC and Man Group PLC, all of which are using their access through the QDLP programme to tap high net-worth Chinese individuals and institutional investors fo

CBA embeds ESG into investment, wealth management

The new framework covers CBA-owned businesses Colonial First State Global Asset Management, Colonial First State, Wealth Management Advice and CommInsure.

Manulife Private Wealth opens Hong Kong Office

As part of the Manulife Private Wealth offering in Hong Kong, a representative office of Manulife Bank of Canada is being launched at the same time.

Asian managers add money into own hedge funds

Investors pulled almost US$2bill from Asia- focused hedge funds in the quarter ended September

This chart shows Macquarie's shift from investment bank to asset manager

There is plenty of talk about Macquarie transition from investment banking powerhouse towards annuity-style asset manager.

Mirae Asset and Daiwa Asset Management Launches Mirae Asset Next Asia Pacific Equity Fund

Daiwa Asset Management and Mirae Asset Global Investments aim to launch the Fund in a wide range of markets

ANZ cutting back on trade finance in Asia as profit growth slows

Net loans at its international and institutional banking businesses fell by 1 percent in the six months ended Sept. 30

China Banks Enter Eye of Storm Adding Risky Debt to Wealth Funds

Banks are piling into riskier debt despite warnings of a leverage-fueled bubble from local brokerages

Family offices well ahead on gender equality

The average family office chief executive is 54 years old, while staff members range from 22 to 84 years old.

Credit Suisse to boost staff for Asian assault

Credit Suisse’s Asia-Pacific operations will go against the trend of job cuts at rival banks in the region and at its own head office

Deutsche Bank to cut 9,000 jobs and exit 10 countries in overhaul

In Europe, Deutsche will withdraw from Denmark, Finland, Norway, and Malta. It will also exit from New Zealand.

NAB injects $300m into wealth arm

Speaking to ifa, NAB executive general manager for wealth advice, Greg Miller, said the $300 million investment will allow the bank to improve efficiencies, especially across its advice network.

India’s New Angles

A growing population of the uber rich is infusing money into the overall economy

Wealth and Asset Management