Managers of Wealth Asia Pacific

S'pore operations still play key role in StanChart's future

The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore.

Labuan IBFC: Asia's wealth management sector needs to embrace techology

The demand from and the sophistication of Asia-Pacific's rich and ultra-rich are compelling the wealth management industry to change or realign business models, increase the use of technology, and offer innovative solutions

UBS sets up US$100m outbound investment shop in Shanghai

UBS is following other fund managers including BlackRock Inc , Och-Ziff Capital Management Group LLC and Man Group PLC, all of which are using their access through the QDLP programme to tap high net-worth Chinese individuals and institutional investors fo

CBA embeds ESG into investment, wealth management

The new framework covers CBA-owned businesses Colonial First State Global Asset Management, Colonial First State, Wealth Management Advice and CommInsure.

Manulife Private Wealth opens Hong Kong Office

As part of the Manulife Private Wealth offering in Hong Kong, a representative office of Manulife Bank of Canada is being launched at the same time.

Asian managers add money into own hedge funds

Investors pulled almost US$2bill from Asia- focused hedge funds in the quarter ended September

This chart shows Macquarie's shift from investment bank to asset manager

There is plenty of talk about Macquarie transition from investment banking powerhouse towards annuity-style asset manager.

Mirae Asset and Daiwa Asset Management Launches Mirae Asset Next Asia Pacific Equity Fund

Daiwa Asset Management and Mirae Asset Global Investments aim to launch the Fund in a wide range of markets

ANZ cutting back on trade finance in Asia as profit growth slows

Net loans at its international and institutional banking businesses fell by 1 percent in the six months ended Sept. 30

China Banks Enter Eye of Storm Adding Risky Debt to Wealth Funds

Banks are piling into riskier debt despite warnings of a leverage-fueled bubble from local brokerages

Family offices well ahead on gender equality

The average family office chief executive is 54 years old, while staff members range from 22 to 84 years old.

Credit Suisse to boost staff for Asian assault

Credit Suisse’s Asia-Pacific operations will go against the trend of job cuts at rival banks in the region and at its own head office

Deutsche Bank to cut 9,000 jobs and exit 10 countries in overhaul

In Europe, Deutsche will withdraw from Denmark, Finland, Norway, and Malta. It will also exit from New Zealand.

NAB injects $300m into wealth arm

Speaking to ifa, NAB executive general manager for wealth advice, Greg Miller, said the $300 million investment will allow the bank to improve efficiencies, especially across its advice network.

India’s New Angles

A growing population of the uber rich is infusing money into the overall economy

Baring Asia Completes Deal to Acquire Majority Stake in Vistra Group

“Our partnership with Baring Asia brings a new and exciting chapter for the Vistra Group. With their support, we can continue the success and growth of the firm to the satisfaction of our clients, our employees and our shareholders. We very much lo

Standard Chartered winding down equity derivatives business

Standard Chartered will phase out the businesses in January after exiting from institutional cash equities, equity research and equity capital markets

HSBC is mulling moving its headquarters to America rather than Asia

Britain's biggest bank is considering moving its headquarters to the United States, rather than Hong Kong, it has been revealed.

Swiss private banking group to issue perpetual tier 1 subordinated bonds

Julius Baer Group Ltd. has requested Moody’s to rate the bonds.

AZ NGA acquires $410m advice firm

AZ Next Generation Advisory has taken a 51% stake in a Sydney advice firm.

Wealth and Asset Management