Managers of Wealth Asia Pacific

Asian HNWIs look afield for better returns

And among equities, non-domestic ones are in favour over domestic ones

Top philanthropists to meet in Shanghai at UBS Family Legacy & Philanthropy Forum

UBS today announced the launch of the UBS Family Legacy & Philanthropy Forum in Shanghai.

Singapore’s Temasek takes it on the chin

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.

Mark Bouris’ wealth management company to buy RESI

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.

Asian IAM assets to double by 2020: Julius Baer

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.

Phillip Capital becomes sixth broker to join APX

Phillip Capital joins Asia Pacific Stock Exchange as new market participant.

Bank of Singapore eyes years of asset and jobs growth

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.

Macquarie drawn into Commonwealth Bank financial planning row

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.

Data exchange to combat tax evasion seen affecting Hong Kong private banks

A reporting standard devised by the OECD and the G20 aimed at unearthing hidden wealth will challenge institutions in the city, analysts say

Reaching diverse consumer groups;⁬ High-net-worth consumer

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.

Private banks in Singapore see AUM growth

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.

S'pore private banks want bigger share of Asia market

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

Family office segment set to boom: Credit Suisse

Credit Suisse holds inaugural Asia Pacific Family Forum in Hong Kong, Launches White Paper on Best Practices for Family Offices

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.

China Merchants Bank plans Luxembourg branch

From there, they manage a European network and help Chinese clients in their European trade deals and investments.

The BVI – Asian Relationship By Stephen Adams, Partner and Kristian Wilson, Senior Associate, Bedell Cristin, Singapore

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

Smooth Sailing Ahead For Rapidly Growing Noah Holdings

The Chinese high net worth population is vastly underserved, and Noah is well-positioned to fill the wealth management services vacuum.

Guidebook for High Net Worth Individuals to Invest in the USA

E3 Investment Group, headquartered in New York, announced today that that Chief Executive Officer Matt Gordon has been selected to author a chapter in a forthcoming investment book for the Chinese and international markets, which will focus on explaining

AFA and ANZ Wealth search for tenth Rising Star

The diversity of nominated advisers, finalists and winners from previous years suggests we will again attract the very best new talent from across Australia

China trust firm warns of possible default on wealth management product

A Chinese trust firm has warned that one of its high yield investment products may have trouble making payments on time, a state-owned newspaper reported on Tuesday, the latest possible default to hit the country's shadow banking system.

Wealth and Asset Management