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Wealth and Asset Management

05/27/2016

BSI says new management not linked to Malaysia scandal

There is no proof that current members of the board of directors or management are involved in the case,” he told the Swiss daily Corriere del Ticino.

05/27/2016

Philippines Wealth Management Forum 2016 - Highlights

Thank you to the 250 senior market practitioners who attended.

05/26/2016

Macquarie agrees to sell Majority of NZ retail Wealth Management Unit

Neither the purchase price nor the size of the cornerstone stake were disclosed.

05/26/2016

China's wealth management sector 'should go more global

"At the same time, we should look for excellent investment managers overseas for cooperation."

05/26/2016

Morgan in major wealth management overhaul

The changes represent a major reset for the business, which swung to a loss of $16 million in 2015, from a $5 million profit a year earlier.

05/26/2016

Clients of UBS Wealth Management's spino face trading restrictions

Crestone intends to officially open its doors on 10 June 2016.

05/25/2016

UBS is firing senior bankers in Asia. It may live to regret this

This is a signal to financial markets that UBS is properly focused on cost,” says a consultant who works with private banks in Asia.

05/25/2016

BSI Singapore shutdown a wake-up call for private banks in Asia

In one case, according to the Swiss banking watchdog, BSI was happy to take $20 million after being told by a client the sum was "a gift".

05/24/2016

China, Wealth planning, Family wealth

Emerging trends in Asia in terms of how and where clients have their wealth managed.

05/24/2016

Nikko AM launches Japan Focus Equity fund for Watanabe

Nikko Asset Management has launched a Luxembourg-domiciled UCITS Japanese equity fund, mirroring a Japan-domiciled strategy that has been run by senior fund manager Yuki Watanabe since August 2012.

05/24/2016

First NZ Capital buys Wealth Management arm of Murray & Co

Having additional offices based in both Christchurch and Queenstown provides a natural complement to our Nelson presence.”

05/24/2016

Astarc Ventures eyes tech start-ups abroad

Astarc Ventures, which typically invests about ₹50 lakh-₹2 crore, and in exceptional cases up to ₹6 crore, had raised its first fund in 2014.

05/24/2016

HSBC seeks Asia lifeline beyond Hong Kong

Almost two-thirds of HSBC’s profits came from Asia in the first quarter, emphasising its importance to the group.

05/24/2016

Jupai Reports First Quarter 2016 Results

Income tax expenses for the first quarter of 2016 were $1.4 million

05/23/2016

UBS cuts "handful" of private bankers in Singapore, HK

Other private banks such as JPMorgan Chase & Co have also cut private bankers in Asia this year.

05/23/2016

Australian Bank ANZ Reviewing Options for Wealth-Management Business

ANZ might seek to sell part or all of the unit, which develops life-insurance, pension products

05/20/2016

Compliance and competition drive margins down for APAC fund managers

It is also worth noting that investors are expecting to spend up to 42% of their strategic budgets on compliance, instead of on driving revenue growth.

05/20/2016

Why Credit Suisse Group AG Cherishes Asia?

Credit Suisse has operated its securities brokerage in Thailand for more than 16 years.

05/20/2016

How to protect your family's wealth

You only have to look at uber-wealthy musicians who die without a will to realise the turmoil surprise tragedies can create.

05/20/2016

BNP Paribas to hire at least 20 private bankers in Taiwan drive

Over the long-term, the onshore wealth arm is expected to triple the size of its business across headline parameters.

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