Managers of Wealth Asia Pacific

Global players set to enter advice market

With the wealth management market growing at a “lightning pace”, a number of global asset managers are looking to establish distribution arms in Australia, says Chase Corporate Advisory.

Rich pickings for banks as Asian wealth expands

UBS announces plans to grow in wealth management segment as competitors also vie for a piece of the pie

Bloomberg takes over UBS commodities indices

Since launching in 1998, the rebranded Bloomberg Commodity Indexes have emerged

Edmond de Rothschild adds six private bankers

Chan commented: “High net worth individuals in Asia often have complex personal, family and business needs. With the diverse capabilities of our private banking team in Asia we are able to provide our clients with bespoke solutions which leverage ou

FPSA names financial advice award winners

The Professional Standards and Compliance Excellence award recognises adviser professionalism

200-year-old private banking group targets Asia growth

In its push the bank has made six senior appointments in Asia, doubling its team of relationship managers to 12, with plans to employ three more people by the end of this year.

UBS Wealth Management Is Expanding in Asia, Emerging Markets

UBS, the largest Swiss bank, hired 88 advisers this year

Equity Trustees to buy ANZ Trustees for $150m

Equity Trustees is Australia’s largest independent trustee services company and the ANZ said its trustee business is a natural fit for them in a consolidating sector.

Private banks change tactics in talent war

The Asian private banking industry is notorious for poaching but after a decade of waging a talent war, many institutions are changing tactics.

HSBC Asset Management India launches fund of funds

The new fund offer of HSBC Managed Solutions opened on April 9

UBS now has 1,120 wealth advisers in Asia

The new recruits will be based in Hong Kong

UBS hires 88 wealth advisers in Asia this year

The advisors are based largely in Hong Kong and Singapore, UBS's key wealth management centres in Asia, bringing the total number of client advisors in the region to 1,120.

Ultra rich look to pour cash into commercial real estate

Typically HNW individuals are active asset managers

Affin to launch wealth management unit after deal

The new business, named "Affin-Hwang", would be anchored around Affin's investment advisory business as part of the bank's plan to be a top five investment bank in each if its business segments.

Alibaba launches new wealth management product Zhaocai Bao

Industry sources said that Alibaba is building an operational line

IIFL Wealth Management acquires majority stake in India Alternatives Investment Advisors

Inda Alt Fund is a private equity fund registered with SEBI. It is a distinctive private equity fund with an initial commitment of Rs. 230 crore that involves primarily in mid growth stage companies.

DBS-SG deal could spark trend: Scorpio

DBS’s purchase of Société Générale’s Asia private banking business could presage similar east-west tie-ups, says consultancy Scorpio Partnership.

DBS Bank donates $25 million to National Gallery Singapore

In the largest single cash donation by a corporate body to an arts institution, DBS Bank has donated $25 million to the National Gallery Singapore.

Financial assets may be part of wealth tax

The finance ministry has proposed to expand the ambit of wealth tax to include financial assets but has significantly raised the threshold for the levy.

Private bank M&A set to continue in Asia

It is in line with the stated aspirations of many of Asia’s regional banks.

Wealth and Asset Management