Managers of Wealth Asia Pacific

Asia’s ultra-wealthy surge: Hong Kong and Singapore vie for dominance

This dramatic increase will position Asia as the second-largest concentration of UHNWIs, trailing only North America.

Banking Heiress Billionaire Grace Wee Jingsi Acquires $29 Million Singapore Mansion

This sale follows a sluggish 2023 for Singapore’s luxury property market, which was impacted by a high-profile money laundering scandal and rising interest rates.

Singapore's Banking Giants See Surge in Wealth Management Fees Amid Robust Client Trading Activity

The latest results from DBS conclude the earnings season for Singaporean banks, all of which have seen an uptick in fund inflows from clients and heightened market activity, resulting in increased fees.

DBS second-quarter net profit up 4% to SGD 2.80 billion, return on equity at 18.2%

First-half net profit up 9% to record SGD 5.76 billion driven by broad-based growth in total income

Singapore’s uber-rich foreigners shun extravagance, spooked by wealth scrutiny

From Sentosa Cove properties to whiskies, rich foreigners are holding back on spending following a major money-laundering case and tax hikes

Private banking is not for dabblers, warns HSBC

“The flip side of our plan is that I am going to Hong Kong and back, followed by India, Singapore, Saudi, Kuwait and then the UAE.”

Singapore banks see wealth fees surge as rich step up trading

DBS’ results wrap up Singapore’s bank earnings season with the trio enjoying higher fund inflows from clients and active trading in financial markets, generating more fees.

Labuan IBFC: Asia's One-Stop Wealth Management Hub

Labuan IBFC has a complete ecosystem in place to support wealth management.

First, do nothing

Approximately 99% of the time, the single most important thing investors should do is absolutely nothing.”

KGI Unveils Strategic Vision for Elevating International Wealth Management in Hong Kong and Singapore

KGI’s International Wealth Management business is set to embark on a holistic initiative to elevate its wealth management and asset allocation services to cater to the unique needs of each client.

UnionBank Private Banking reaffirms commitment to helping clients

UnionBank Private Banking treated guests to a top-tier experience as an expression of gratitude for the trust and partnership accorded to them by their clients.

Knight Frank: Hong Kong Poised For Family Office Growth

In April this year, local authorities said that 136 family offices are planning to set up or expand operations in the city.

Philippine sovereign wealth fund eyes powering off-grid islands, for starters

Singapore’s GIC Reveals Lowest Asian Exposure Since 2010

This adjustment marks a significant shift for GIC, which manages approximately US$769 billion in assets, positioning it as one of the world's largest institutional investors.

KBank Private Banking partners with Goldman Sachs Alternatives, one of the largest private credit investors globally

Investors can invest monthly and redeem on a quarterly basis[1], with investments locked for only 12 months after the initial investment.

BNP Paribas WM’s regional head of investment funds advisory leaves

Agnes Sng has been with BNP Paribas Wealth Management for 17 years.

UOB’s core net profit1 for 1H24 maintained at above S$3 billion

Business momentum continues in 2Q24 backed by strong balance sheet position

Over half of Asia's wealth managers want a tech refresh, says Avaloq

Enhanced data visualisation and increased process automation are among the top functions desired by wealth managers

Standard Chartered: Second Quarter and Half-Year 2024 Results

Standard Chartered PLC – Results for the first half and second quarter ended 30 June 2024

Amundi: 2024 1st half and 2nd quarter results

These assets under management now include nearly €100bn in direct distribution, alongside the success of the JVs.

Wealth and Asset Management