09/06/2024
Hong Kong wealthy going digital, embracing AI
Wealth managers must leverage tech’s speed, efficiency to meet client expectations
Wealth and Asset Management
09/05/2024
Deloitte Private’s latest report in its Family Office Insights Series
The family office arena has been growing rapidly
09/04/2024
Calastone Expands Taiwan Presence Amid Growing Demand for Fund Automation
The growth of Calastone’s presence aligns with regulatory efforts to bolster Taiwan’s standing as a preeminent asset management hub.
09/04/2024
Affin Bank launches new private banking service, targets ultra-high net worth clients valued at RM2 mil or more
Private banking typically refers to a suite of personalised products and services catering to the ultra-wealthy.
09/03/2024
Perpetual’s KKR deal faces scrutiny amid share price decline
The firm has since entered into a scheme of arrangement under which KKR will buy its corporate trust and wealth management businesses for $2.1 billion.
09/03/2024
Asian Captive Conference 2024: Shaping the Future of Self-Insurance
The seventh edition of this premier conference will bring together the global captive industry to tackle critical issues and drive forward key discussions
09/03/2024
Blackstone-backed ASK Wealth launches fund for NRIs via GIFT City
The fund of funds AIF aims to raise $100m and will provide exposure to Indian markets through a range of managers.
09/02/2024
Chinese tycoons are using stock to borrow from private lenders as bank liquidity dries up
With Fed easing imminent, ‘clients are once again comfortable using their stocks as collateral for project funding’, HSBC executive says
09/02/2024
Julius Baer's Signa-Linked Loan Losses Could Shrink
The reason for this is that a portion of the controversial loans extended by Julius Baer to René Benko appears to be more valuable than feared.
09/02/2024
Nomura Unveils Hiring Plans for Wealth Management
There are currently 50 bankers in Hong Kong and 40 bankers in Singapore.
08/30/2024
Setting Up a Family Office: Challenges and Consequences
Satyen Patel began by expressing his gratitude to the attendees, acknowledging the challenges of navigating Mumbai’s traffic and weather to be present.
08/29/2024
Bank of Singapore rolls out exclusive products for EAMs
Hong Kong CEO Rickie Chan has highlighted efforts to attract financial intermediaries with two new offerings.
08/29/2024
Melbourne Capital Group Broadens Malaysian Wealth Management Offering with Strategic Acquisition of Licensed Local Company
The deal sees all employees and clients transfer to Melbourne Capital Group, with operations moving to their offices in UOA Corporate Tower, Bangsar South, Kuala Lumpur.
08/28/2024
Survey: 71% wealth owners retain assets in one country
The survey reveals that 47% of family wealth consists of financial assets.
08/23/2024
Many Wealthy Individuals Still Concentrate Assets in One Country Despite Global Diversification Trends
The shift towards diversifying asset locations has been driven by various factors, including geopolitical risks, second-home residency, and children’s education abroad.
08/23/2024
Labuan IBFC: Asia's One-Stop Wealth Management Hub
Labuan IBFC has a complete ecosystem in place to support wealth management.
08/23/2024
Indian billionaire Gautam Adani to overhaul family office after short-selling scandal
Asia's second-richest person is seeking to rebuild his conglomerate’s credibility after a tumultuous 18 months
08/23/2024
Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years
"UAE and in particular Dubai have become key destinations for global millionaires post-COVID," Ranjit Khanna
08/22/2024
KIBB takes wealth management to a new level
The platform integrates a broad spectrum of offerings into a seamless ecosystem, making it easier than ever for users of the platform to manage their finances.
08/22/2024
Philippines: UnionBank expands offers for ultra-rich clients
The bank would focus on expanding offerings such as private debt, asset swaps and more global funds.