11/24/2015
Private banks defend DPM internal bias
JeanLouis Nakamura, Asia Pacific chief investment officer at Swiss private bank Lombard Odier, admitted there was a natural bias towards using inhouse managers for DPM.
Wealth and Asset Management
11/20/2015
Zarin Daruwala faces multiple challenges in her new role as CEO of StanChart India
Daruwala's forte is corporate banking.
11/19/2015
Private bankers in Asia crumbling as revenue pressures rise
The region boasts more millionaires than any other and their wealth in growing rapidly every year. Global banks are fighting for a piece of the action and poaching talent from each other – life as a private banker in Asia should be a fairly easy rid
11/19/2015
Minister of Financial Services engages financial services professionals at STEP Asia conference
The first step, according to Minister Strachan, is the effective exchange of information and promotion of services that the jurisdiction offers.
11/18/2015
Wealth succession is all about communication
Wealth succession is not simply transferring money and company shares to the next generation.
11/18/2015
Ultra-high net worth individuals moving towards impact investing: Credit Suisse
In impact investing, the ultra-high net worth individuals would place capital in enterprises that generate a positive social or environmental impact.
11/18/2015
Findex restructures service model, rebrands
The rebrand signals the formal adoption of a comprehensive service model that will see all businesses in the group
11/17/2015
Maybank expands private wealth biz
He also noted that the new private wealth centre came about after the rapid growth of its affluent client segment that was served by its premier wealth centres; the new centre is to meet the discerning financial requirements of this market segment.
11/17/2015
Trust And Foundation Information In Asia - Appleby
Significant economic growth in Asia has contributed to a meteoric rise of high net worth individuals in the region and private wealth is also expected to almost double in value reaching USD61 trillion by 2018.
11/16/2015
Singapore’s family offices deliver higher returns than regional peers
Although Asia-Pacific family offices achieved higher returns compared with those in North America and emerging markets last year, their investment stra tegies were more cautious, focusing more on preservation and balance approaches than growth ones.
11/16/2015
Singapore’s family offices deliver higher returns than regional peers
The average investment return of family offices globally was 6.1% last year. European family offices achieved 6.4% on average in 2014, while those in North America and emerging markets delivered lower gains of 5.8% and 4.9% respectively.
11/13/2015
Nippon Capital Asset Management Confirms Hiring Drive Will Double Headcount
Nippon Capital Asset Management J-LLC says a review of its recently-announced hiring plans will effectively double headcount
11/12/2015
Lombard Odier in joint venture with Thai bank
Has spun off its private banking business from retail banking as a new business division to increase its flexibility to run wealth management and to cash in on the opportunities in this segment.
11/12/2015
Julius Baer Group Ltd. successfully places SGD-denominated perpetual tier 1 subordinated bonds
The securities carry a coupon of 5.90% and include an optional redemption call on 18 November 2020 or on 18 November of each year thereafter.
11/12/2015
Fosun Billionaires Lift Stakes After Founding Partner Leaves
Fosun International, the Hong Kong-listed investment arm of the conglomerate Fosun Group, owns holiday group Club Mediterranee SA, and has announced 10 takeovers worth a combined $6.4 billion in the past year
11/11/2015
The changing nature of the wealth management client
A new breed of wealth management client is forcing change in a traditional industry.
11/11/2015
Ultra Wealthy Buyers Seek Non-Traditional Homes Abroad, New Study Shows
Wealth-X has identified more than 211,000 ultra high net worth individuals globally – defined as those with US$30 million and above in net assets – and 79% of them own two or more residences.
11/10/2015
The new skills you now need to survive in private banking in Asia
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/10/2015
The new skills you now need to survive in private banking in Asia
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/09/2015
Bermuda Trust Industry Experts Head to Asia Conference
During the two-day conference itself, the BDA booth saw a lot of traffic.