07/13/2014
Chinese banks must create a firewall around increasingly popular wealth management services, the country's banking regulator urged, in order to avoid any contagion from higher risk products spreading to normal bank loans.
07/13/2014
This was by no means the only bond to have drawn a crowd in recent weeks.
07/11/2014
China’s government has pushed to allow local firms to pursue multiple strategies in an attempt to develop the country’s capital markets
07/11/2014
And among equities, non-domestic ones are in favour over domestic ones
07/10/2014
UBS today announced the launch of the UBS Family Legacy & Philanthropy Forum in Shanghai.
07/09/2014
Despite last year's global stock market rally, Temasek Holdings, Singapore's sovereign wealth fund, generated a shareholder return of just 1.5 percent for the 12 months ended March 31, hurt by its focus on Singapore and China.
07/09/2014
The deal includes $28 million payable in cash on settlement, and the issue of $5.5 million in ordinary YBR shares at an agreed price of $0.70 each.
07/08/2014
The region’s independent asset managers are tipped to account for a significantly bigger share of investable portfolios in the coming five years, from clients within and outside Asia.
07/08/2014
Phillip Capital joins Asia Pacific Stock Exchange as new market participant.
07/07/2014
The chief of the private banking arm of OCBC says the sector is all about scale, driving plans to boost the number of client-serving roles in Asia.
07/07/2014
Macquarie Group’s private wealth unit has been accused of not co-operating with the Senate committee that delved into unethical financial planning practices at the Commonwealth Bank of Australia.
07/07/2014
A reporting standard devised by the OECD and the G20 aimed at unearthing hidden wealth will challenge institutions in the city, analysts say
07/07/2014
Asia is now home to more high net worth (HNW) individuals (those with more than US$1 million in investable assets) than any other region.
07/04/2014
A recent report by PwC estimated that AUM in the Asia-Pacific region will more than double, between 2012 and 2020, to hit more than USD16tr, and the two Singaporean banks aim to benefit on this.
07/04/2014
Singapore-based wealth managers like DBS Private Bank and Bank of Singapore are hoping that they will benefit as clients opt for banks which they deem are safer
07/04/2014
Credit Suisse holds inaugural Asia Pacific Family Forum in Hong Kong, Launches White Paper on Best Practices for Family Offices
07/03/2014
Sumitomo Mitsui Asset eyes acquisitions to meet ambitious growth goals
The company is aiming to overtake industry leader Nomura Asset Management which held 31.5 trillion yen ($308 billion) in assets as of March.
07/02/2014
From there, they manage a European network and help Chinese clients in their European trade deals and investments.
07/02/2014
The British Virgin Islands has witnessed impressive growth over the past few decades, resulting in it becoming the leading offshore jurisdiction for company incorporation. At the same time, Asian nations have experienced spectacular financial success and
07/02/2014
The Chinese high net worth population is vastly underserved, and Noah is well-positioned to fill the wealth management services vacuum.