Managers of Wealth Asia Pacific

Opportunity for debt structuring through Mauritius

Following the above amendment, debt structuring through Mauritius is likely to become an attractive proposition for foreign investors seeking to invest in India.

Vistra News Bulletin - June 2016

We also look at the new tax treaties which three of our jurisdictions, Mauritius, Cyprus, and India, have been involved in.

Hong Kong to see more small players grabbing the wealth management cake

London-listed boutique fund manager Jupiter Asset Management expects HK to provide sustainable growth opportunities

The emergence of Asian multi-family offices

Philippe Legrand of London and Capital Asia explains

Swiss private banks sharpen Southeast Asia focus

Wealth managers capitalise on global banks’ retreat to tap rich clients in developing markets

Wealthy Chinese buying fast-tracked visas for Aussie residency

Almost 60 per cent, or 779 of those high-wealth foreigners are now living in Victoria after being required to make individual investments in Australia of at least $5 million each, according to Department of Immigration data.

ANZ selldown tipped for wealth, life insurance arms

The bank already held a 49 per cent slice, and established the partnership in May 2002.

Asia's heightened illicit-money scrutiny to hit small wealth managers

Swiss private bank BSI's unit was ordered shut last month by Singapore's central bank for money laundering breaches

Crestone open for business after UBS deal completes

UBS will continue to provide Crestone with domestic and international securities execution, clearing and settlement

Family office patriarchs need to know when to let go

The second was: "How can your family best use your decades of experience and wisdom to continue adding value to the family enterprise without undermining the autonomy of its new leaders?"

Bordier & Cie clinches award for Best Boutique Private Bank in Asia

The win marks the second victory for the bank, having taken home the award for the same category in 2014. Last year, Bordier was shortlisted for the ‘Pure Play Private Bank’ category.

SFC reprimands and fines State Street Global Advisors Asia Limited $4 million over management of Tracker Fund

The SFC also found that SSGA’s internal procedures on the management of the Fund’s cash balances were inadequate.

Former UBS Business Goes Live

Crestone has secured a global network of strategic partners which includes UBS, Commonwealth Bank of Australia, Credit Suisse and Northern Trust

Singapore OCBC's private bank unit exploring China onshore presence

Regional and global banks have been cautious about setting up a local private banking and wealth management presence in China due to regulatory restrictions and the nation's relatively less developed capital market.

Deutsche says to expand into high net worth private banking in Asia

Asia has seen consolidation in the private banking industry as some Western players withdraw to focus on home markets, while smaller players struggle to compete amid higher technology and regulatory costs.

Kasikornbank to offer wealth planning service to Thai families

The bank’s aim is to create a comprehensive wealth management offering for its clients.

Family offices of Alibaba's Jack Ma and Joseph Tsai exploring investments in India

Ma's net worth is estimated at $22.8 billion and Tsai's at $5.5 billion$ 7 billion.

SBI begins work on merger

The team has been formed under the supervision of associate and subsidiaries departm-ent, which is being headed by managing director V.G. Kannan.

India: IFC top contender for IDBI Bank stake; Jack Ma family office eyes startups

The government is open to reducing its stake below 50 per cent, a first in the Indian banking space.

Vontobel Goes After Australia's Wealthy With Ex UBS Banker

Vontobel expands business with private clients in Asia Pacific focus market – wealth management solutions from Vontobel are now also available to wealthy private clients in Australia

Wealth and Asset Management