11/24/2014
80% of China’s Rich Send Their Kids for Studies Abroad – Hurun Report
In the latest World Ultra Wealth Report released last week, China was ranked third in the total number of Ultra-High Net Worth individuals in 2013.
11/23/2014
Aye Aye Win, deputy director-general of the Small and Medium Enterprises Development Center, said a total of $50 million in capital had been secured by the ministry and would be loaned out through its Small and Medium Industrial Development Bank (SMIDB) n
11/21/2014
Alarm for Singapore bonds as private bank bid falters
Signs that wealthy private banking clients are reining in their appetite for Singapore dollar bonds could spell trouble for the small and medium-sized companies that are streaming to the city's capital markets.
11/20/2014
Foreign passports play role in slowing growth in the ranks of China's rich
Report says many Chinese move abroad and take up another nationality
11/20/2014
Private banks in Hong Kong are in an expansionist mood
Financial markets liberalisation in China and the growth of private wealth in the country are driving demand for private bankers in Hong Kong, a city where rich Chinese typically park a proportion of their assets.
11/20/2014
Asia's ultra-rich are getting even richer with their assets growing on average nearly six percent in 2014 across the region.
11/19/2014
Bucking a trend for private banks
The Swiss private bank and ABN Amro subsidiary are both adding fund houses to their platforms, but following different approaches for doing so.
11/19/2014
The rise of the ultra-rich in Asia is sparking the emergence of bespoke wealth management services for affluent families
According to industry observers at a conference on Tuesday, such services set themselves apart by tailoring their offerings to suit the specific needs of rich families.
11/18/2014
NAB executives are poorer by $44m
The only substantial winner this year was Mr Joiner’s successor
11/18/2014
Family wealth is big business
One area they are focusing on is family offices, which are structures set up specifically to manage a family's wealth
11/18/2014
Beginning of the end for Genesys
Steele said that for firms which opted to stay with AMP, the intention was to minimise disruption to their business, for the benefit of both advisers and their clients.
11/18/2014
The Rise of South East Asia’s Affluent
Labuan International Business and Financial Centre (Labuan IBFC) and the Financial Times today hosted the ASEAN Wealth Management Summit 2014 at the InterContinental Hotel in Singapore.
11/17/2014
Deutsche Bank bets on Hong Kong for wealth management
Financial reform and stock connect cited as key factors behind decision
11/17/2014
The bank had noted the emergence of sectors such as food and beverage, along with shared services outsourcing and business processing outsourcing centres, which are steadily growing.
11/17/2014
Hong Kong seen as key link for funds fleeing London
Hong Kong has become an important conduit for laundering money fleeing London, say risk consultants and lawyers.
11/14/2014
Australian Family Offices Buying Into Businesses and Property, Says New EY Head
They are also hedging globally as part of a generational investment strategy
11/14/2014
Standard Chartered chief: I'm not going anywhere
Peter Sands says conversations on shareholder trip to Asia have not focused on management's future
11/14/2014
The concept, he explained, also presented the prospect for small island states to become truly integrated into the world economy and compete effectively with lower tax rates and more ecologically friendly home environments.
11/14/2014
The new regional base adds to AP Executive offices in London, Guernsey, Jersey, Switzerland and Cyprus. Through this network, the company services clients and candidates in more than 55 jurisdictions globally.
11/14/2014
A revitalised economy and compelling prospects for wealth creation