Managers of Wealth Asia Pacific

Managed Account Holdings to invest in advisory firms

MGP proposes to assist the advisory firms by establishing a shared services capability to negotiate

Meet DBS, Singapore’s Home-Grown Private Bank

Tan Su Shan is reshaping Southeast Asia’s biggest bank into a wealth manager for Asia’s Switzerland

Goldman's Pac Life purchase to boost assets by $US18b

Goldman Sachs Asset Management has announced that it has entered into an agreement with Pacific Life Insurance Company to acquire Pacific Global Advisors (“PGA”) solutions business with total assets under supervision of over $18 billion as of

HSBC Launches Immediate Review Of UK Base

The bank confirms a Sky News report that it is looking into whether to move its main base out of the country

HNI segment reports 8.21% rise in MF folios

As per a report by CRISIL research, the high net worth individuals or HNI (individuals investing Rs 5 lakh or more) segment saw a rise of 8.21% or 1.09 lakh folios to 14.31 lakh folios in the quarter ended March 2015

Everbright and Sinowel Enterprise Group ink deal

Recently, China Everbright Limited and Sinowel Enterprise Group announced the signing of a strategic partnership agreement to start their co-operation towards the secondary market of trust beneficiary rights.

Alibaba’s Joseph Tsai to Open Multibillion-Dollar Family Office

Family office will invest the wealth created by the Chinese e-commerce giant’s $25 billion IPO

Citadel managing director to join Alibaba family office - Bloomberg

Oliver Weisberg has quit his role as a managing director of Citadel to help run a family office for Alibaba Group Holding Ltd executives, Bloomberg reported, citing two people with knowledge of the matter.

LGT Venture Philanthropy invests in Vietnam

LGT VP is an impact investor that supports organisations with outstanding social and environmental impact

Sacked Macquarie advisers still in the industry

They were usually put in more risky portfolios, rather than balanced

StanChart has no intention to sell stake in Indonesia's Bank Permata-SE Asia CEO

Standard Chartered's abrupt move to shut its global equities business in January could be a prelude to the lender selling off stakes

HSBC chief says bank must be managed better, not smaller

HSBC chief executive Stuart Gulliver insisted on Monday that the global banking giant is not too big to manage

UBS targets 15 percent asset growth in Asia-Pacific: Zeltner

The main driver of growth in Asia was undoubtedly Chinese wealth, with China now representing UBS' biggest private banking market outside its home of Switzerland and the United States, Zeltner, the Swiss executive said.

Breaking the banks: Tax jump may drive HSBC, StanChart away from UK

Several investors told Reuters they want the two banks to do a thorough analysis on whether it makes sense to move after Britain raised the bank tax by a third last month.

Super-rich Asians draw multi-family financial firms

A discreet breed of financial management firm has sprung up to cater to Asia's super-rich as their fortunes grow.

UBS revamps products, intermediaries divisions

The Swiss bank is integrating its global financial intermediaries unit with its investment products and services division. It has also appointed a new head of investment products and services for Asia Pacific.

Morningstar backs wealth managers

Morningstar has delivered a glowing assessment of the wealth management industry, with AMP's "dominant, vertically-integrated business model" making it the pick of the bunch.

StanChart targets corporate customers for growing private banking unit

Standard Chartered's private bank has had a full year figuring out how it would grow and where that growth would come from.

Macquarie Private Wealth ignored misconduct, overhauls pay structure

Several advisers who admitted to using a cheat-sheet on exams – after Fairfax Media reported of its existence – were retained by Macquarie for long periods after their admissions, according to sources.

Chinese tycoons account for 20pc of world’s billionaires

Property moguls still top list, starting with Hong Kong's Li Ka-shing and Lee Shau-kee and mainland's Wang Jianlin

Wealth and Asset Management