Managers of Wealth Asia Pacific

Perpetual’s KKR deal faces scrutiny amid share price decline

The firm has since entered into a scheme of arrangement under which KKR will buy its corporate trust and wealth management businesses for $2.1 billion.

Asian Captive Conference 2024: Shaping the Future of Self-Insurance

The seventh edition of this premier conference will bring together the global captive industry to tackle critical issues and drive forward key discussions

Blackstone-backed ASK Wealth launches fund for NRIs via GIFT City

The fund of funds AIF aims to raise $100m and will provide exposure to Indian markets through a range of managers.

Chinese tycoons are using stock to borrow from private lenders as bank liquidity dries up

With Fed easing imminent, ‘clients are once again comfortable using their stocks as collateral for project funding’, HSBC executive says

Julius Baer's Signa-Linked Loan Losses Could Shrink

The reason for this is that a portion of the controversial loans extended by Julius Baer to René Benko appears to be more valuable than feared.

Nomura Unveils Hiring Plans for Wealth Management

There are currently 50 bankers in Hong Kong and 40 bankers in Singapore.

Setting Up a Family Office: Challenges and Consequences

Satyen Patel began by expressing his gratitude to the attendees, acknowledging the challenges of navigating Mumbai’s traffic and weather to be present.

Bank of Singapore rolls out exclusive products for EAMs

Hong Kong CEO Rickie Chan has highlighted efforts to attract financial intermediaries with two new offerings.

Melbourne Capital Group Broadens Malaysian Wealth Management Offering with Strategic Acquisition of Licensed Local Company

The deal sees all employees and clients transfer to Melbourne Capital Group, with operations moving to their offices in UOA Corporate Tower, Bangsar South, Kuala Lumpur.

Survey: 71% wealth owners retain assets in one country

The survey reveals that 47% of family wealth consists of financial assets.

Many Wealthy Individuals Still Concentrate Assets in One Country Despite Global Diversification Trends

The shift towards diversifying asset locations has been driven by various factors, including geopolitical risks, second-home residency, and children’s education abroad.

Labuan IBFC: Asia's One-Stop Wealth Management Hub

Labuan IBFC has a complete ecosystem in place to support wealth management.

Indian billionaire Gautam Adani to overhaul family office after short-selling scandal

Asia's second-richest person is seeking to rebuild his conglomerate’s credibility after a tumultuous 18 months

Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years

"UAE and in particular Dubai have become key destinations for global millionaires post-COVID," Ranjit Khanna

KIBB takes wealth management to a new level

The platform integrates a broad spectrum of offerings into a seamless ecosystem, making it easier than ever for users of the platform to manage their finances.

Philippines: UnionBank expands offers for ultra-rich clients

The bank would focus on expanding offerings such as private debt, asset swaps and more global funds.

The Bank of East Asia, Limited Announces 2024 Interim Results

They emphasized BEA’s continued commitment to providing comprehensive financial services across its extensive network.

Barclays Private Bank sets its sights on accelerated growth in Singapore

The British banking giant’s private banking arm is poised for its next phase of growth in Singapore as it looks to strengthen its top-tier client services and offerings

VP Bank closes Hong Kong branch and reduces staff

VP Bank shuts down their Hong Kong branch and reduces staff due to operational efficiency.

Maybank Private banks on human touch and Asean touchpoints to grow wealth business

On-the-ground presence and wide range of services are enablers of holistic approach to advisory practice

Wealth and Asset Management