07/29/2016
Touting the fund as the first of its kind in Asia, Eliza Ong, managing director and regional head at RHB-AM, says the partnership leverages on Neuberger Berman’s platform and PE strategies.
07/29/2016
This is the first time in six years since Kotak began surveying India’s super-rich that such a large number of HNIs-under-40 has been reported.
07/29/2016
A number of firms have also sought bondholder consent to relax covenants such as those relating to waivers for potential non-compliance, banking sources said, adding that investors have had a hard time reducing their exposure.
07/28/2016
What influence has the acquisition of Barclays Wealth Asian units had?
07/27/2016
A quick look at the latest World Wealth Report from CapGemini, for example, support this. It shows the pace and volume of growth, with Asia Pacific exceeding North America for the first time.
07/27/2016
Yes Bank said Asset Management Company will channelise savings of retail, corporate and institutional investors in equity and debt markets using our its Knowledge Banking expertise.
07/26/2016
Bank of Singapore chief says plans to enter China coincides with growing headwinds for the private banking sector, underscoring the need for risk-averse approach
07/26/2016
The Zürich-based wealth manager said on Monday an additional 200 relationship managers had so far signed to join this year.
07/26/2016
This is a new proposition of Generali. We have never done this before anywhere globally.
07/26/2016
The Swiss bank has emphasised their desire to add to the new Kowloon office which was opened earlier this year.
07/26/2016
The Swiss private bank said in December 2015 it would buy Commerzbank in Luxembourg, which added a mere 4 billion euros to the nearly 300 billion francs that Baer managed at the time.
07/25/2016
The fund generated 18.4 per cent per annum, compared to the 5.5 per cent benchmark.
07/25/2016
CFA Institute is taking to the streets with a new initiative to drive greater awareness of the value of the qualification and professional accreditation.
07/24/2016
The closely followed ranking, compiled by Scorpio Partnership, the consultancy, also showed ICBC recorded a 35.9 per cent increase in its private banking assets last year, to $154bn.
07/22/2016
That Asians have distinct needs as investors drove Citi to establish a dedicated unit for North America Asian clients in 2011, including the group two years later into a new global clients program.
07/22/2016
Wolves, who had been put up for sale by Morgan in September 2015
07/22/2016
Global Asset Manager Enters Singapore Market
The office, located in Asia Square, will focus on credit research and strengthening business with clients in both the local market and the broader Southeast Asia region, according to a press release sent on Friday.
07/21/2016
We are further encouraged by the growing presence of Asian collectors in our worldwide salerooms.
07/21/2016
More than $3.5 billion was misappropriated and about $1 billion laundered through the US, the US Justice Department said as it launched what could be its biggest ever seizure of ill-gotten gains
07/20/2016
We plan to double headcount in China by 2020, so demand for high-quality development and training programmes can be expected to grow substantially.