02/15/2017
HSBC GAM launches Asian high income product
A maximum of 45% can be allocated into high yield and non-rated bonds, and the indicative portfolio suggests a 40% allocation into these assets.
Wealth and Asset Management
02/15/2017
CBA records $4.9bn half-year profit
Breaking down CBA's half-year results, its wealth division profit was down 34% on the same period for 2015.
02/14/2017
ANZ: Just a «Ludicrous» Notion
The Melbourne bank has been gradually shedding its holdings in Asia – the most recent being the disposal of it's 20 percent stake in China's Shanghai Rural Commercial Bank.
02/13/2017
New Executive Director at J.Safra Sarasin
J.Safra Sarasin has made another addition to its growing team
02/12/2017
Sanctum Wealth Management embraces the long view
Sanctum Wealth Management is off to a flying start
02/12/2017
Enabling the growth of wealth advice in India
Technology will then serve as a real enabler to reduce the labour intensity of many processes
02/10/2017
A right royal play for Aussie fashion stable
It has lobbed a $135 million bid for the owner of clothing chains including Rivers and Katies, according to speculation sweeping the market.
02/10/2017
Abu Dhabi fund Mubadala opposes Witkoff’s bid to lead sale of Low’s Park Lane stake
Sovereign wealth fund wants to put whole project on the block
02/10/2017
AMP announces $500m buyback as wealth division leads to $344m annual loss
In October last year, Australia's largest listed wealth company announced $1.3 billion of write-downs and losses as it grappled with issues in its life insurance division.
02/10/2017
HSBC share price: Lender to seek wealth management asset acquisitions
Group looks to diversify away from traditional lending
02/10/2017
DBS wealth management clients get all-in-one mobile app
DBS Bank unveiled a new feature of its platform for its wealth management clients
02/10/2017
Global Alliance Wealth Management strengthens global presence with opening of new office in Tokyo
Leading alternative asset manager and wealth management provider expands global platform with approval to commence Japanese operations.
02/10/2017
Bangladesh paves way for $10b sovereign wealth fund
At present, Bangladesh take loans from foreign banks in an informal manner, through this fund it will come under a structured framework.
02/09/2017
Nikko AM planning to launch active ETFs
Nikko AM planning to launch active ETFsNikko Asset Management is looking to expand its presence in the retail market in 2017 by launching ASX-listed versions of its actively managed funds.
02/09/2017
How to deliver a better experience for Indian investors
Penetration remains relatively low in India, given the fondness individuals feel for physical assets such as real estate and gold.
02/09/2017
Bullish on consumer discretionary, industrials
The house is upbeat on consumer discretionary on back of retail demand and industrials too.
02/09/2017
ARA Asset Management Q4 2016 net falls 28%; firm gets regulatory approval for privatisation
The privatisation bid is led by its group founder and chief executive officer, John Lim.
02/08/2017
Chinese companies park record $110bn in wealth products
Jump prompted by slowing growth and fewer investment opportunities
02/08/2017
Nikko Asset Management Receives Three Awards from Asia Asset Management
The firm was also acknowledged as Japan's ETF Manager of the Year, for its leadership in expanding Asia's largest exchange traded fund market.
02/08/2017
Wealth management marketplace raises funding to connect rich people to more opportunities
The funding comes from investment firm Vulpes and fintech company Privé Holdings