04/25/2016
China Wealth Manager Yang Weiguo Denies Taking Money
The chairman of a Chinese wealth management company whose disappearance last week sparked alarm has strongly denied taking investors' money.
Wealth and Asset Management
04/25/2016
Serving up business advice and investments for Asian families
These days the business owner trying to pass on wealth wants to make sure his children do things they enjoy. They may look into forming a business venture to allow a son or daughter to learn about business or an area of investment.
04/25/2016
A novel approach to wealth advice in Thailand
Mbmg Group has carved a niche within the country's wealth management industry - an independent offering combining investments, insurance, corporate solutions and family office services. And it charges for the quality of its advice.
04/25/2016
Julius Baer looks east with Asia hiring drive to capture wealth
“Swiss private banks got a massive wake-up call in the past 10 years,” Mr Collardi said, referring to the demise of secrecy laws that were a significant selling point for Switzerland’s private banks until 2009.
04/22/2016
Asia’s Super Rich Focus of Private Banks Shakeup
It’s a mistake to say private banks are scaling back in Asia, as some headlines may assert, but clearly change is afoot as wealth management units are merged, acquired and restructured all in an effort to boost profitability and remain competitive.
04/22/2016
Purchase of Barclays' wealth management business to boost OCBC's exposure to UHNW market: bank chairman
"It is a (strategic) fit that has very little duplication," he said.
04/20/2016
China's CCBI plans Singapore asset management firm, yuan business
The Chinese lender also sold 1 billion yuan ($154.5 million) of offshore yuan bonds in London late last year to broaden the investor base of the so-called dim sum bonds.
04/20/2016
Asia's banks see rich pickings in private wealth assets
In a megabucks deal two weeks ago, OCBC Bank snagged the wealth and investment management business that Britain's Barclays Bank has in Singapore and Hong Kong, for a cool US$320 million.
04/20/2016
Samsung Asset Management joins hands with Edmond de Rothschild Group For Fund Sale
Samsung Asset Management Co. has established a strategic alliance with Edmond de Rothschild Group, a leading financial group based in Geneva, Switzerland.
04/20/2016
RBS completes deal to sell private banking ops to Sanctum
Sanctum, which had signed the agreement with RBS in September has acquired all the necessary licenses and approvals as well as successfully managed the migration of the business, including clients and people, from RBS Private Banking, a statement said Wed
04/19/2016
Asia's Rich Urged to Buy Dollars as Singapore Fuels Easing Bets
The Monetary Authority of Singapore’s unexpected easing on April 14 has fueled speculation that other policy makers, concerned about a worsening global economic outlook, will follow suit.
04/19/2016
No Easy Way As Banks Court Asia’s Wealthy
Wealth managers grapple with how to establish profitable relationships with Asia’s multimillionaires
04/18/2016
Hedge funds gaining popularity among HNIs
The population of Indian high networth individuals is increasing, but is their investment pattern any different from that of the aam junta? In an email interaction with BusinessLine, Jaideep Hansraj, Head-Wealth Management and Priority Banking, Kotak Mahi
04/18/2016
Ubp ramps up Asia efforts on back of Coutts international arm
Swiss group aims to double assets under management to $20bn
04/18/2016
ICBC Private Banking eyes wealthy mainland families with new service
The newly-launched proposition provides wealthy families throughout China with an array of needs-based services including asset management
04/18/2016
Credit Suisse to halt earnings previews in Japan following probe
The Securities and Exchange Surveillance Commission on Friday recommended that the Financial Services Agency penalise Credit Suisse's Japanese brokerage unit after finding that one of its analysts leaked non-public information on a company's ear
04/18/2016
JBWere partners with Moelis Australia
Nab-owned wealth management firm JBWere has announced a research and distribution partnership with investment bank Moelis Australia.
04/18/2016
Bmo Wm likes the dividend theme
Low interest rates and low inflation have brought the dividend theme to prominence this year, said Edmund Yun, executive director and head of investment for Asia.
04/15/2016
Wealth management left out of data discussion
InvestmentLink chief technology officer Wayne Robinson said about half of the fintech market is unable to access data feeds from the wealth management industry in a significant way to run new and innovative products.
04/15/2016
Private Bankers Cool on Singapore Bonds
Credit Suisse Private Banking Asia Pacific and CA Indosuez Wealth Management say investors are favoring higher-quality issuers, while UBS AG Wealth Management warns of the prospect of exchange-rate losses on local-currency bonds.