Managers of Wealth Asia Pacific

StanChart set to sell Swiss private bank

Standard Chartered is looking to sell its Swiss private bank as part of its plan to get rid of several non-core businesses as it sharpens its focus on Asia, Africa and the Middle East.

ANZ Wealth Improves Performance

ANZ’s Global Wealth Division has improved business performance in the last quarter of 2013, which is mostly attributed to product cross-sell

Alibaba Enters Wealth Management Sector

Chinese e-commerce company Alibaba Group Holding Ltd. is set to roll out its first wealth management product Friday after launching its popular Yu’E Bao investment service, according to Alibaba’s payment affiliate.

Myer leads nation on family wealth front

THE deeply private Myer Family Office has cemented its reputation as the nation's premier manager of money for wealthy families after being named the best family office service in Australia, in the prestigious annual Euromoney awards for private bank

Big Chinese Internet Companies Are Competing Head On Against Chinese Banks

In the absence of higher returns on their savings, households searching for yield continue to seek out wealth management products and other financial products.

Why Morgan Stanley’s new wealth chief won’t leave his seat

The move is intended to get some of Morgan Stanley’s successful institutional culture in Australia through to its retail arm and provide some stability after a handful of leadership changes.

UOB Asset Management aims 40% growth

The Singapore-registered company, which recently demerged its various joint ventures in the fund management business in Malaysia, plans to launch one product every two months.

Global players reinforce leadership in wealth management as costs rise - Euromoney Research

Higher regulatory costs and lower margins have played into the hands of the global private banks that have been able to weather the storm better than their smaller peers.

Deutsche Bank to “selectively” recruit senior bankers in Asia amid heavy post-bonus hiring

Deutsche Bank will be looking to capitalise on this candidate movement by cherry picking senior bankers.

Taiwan gearing up to tap the huge market potential for wealth management

Foreign banks in Taiwan are gearing up to tap the huge market potential for wealth management created by the upcoming large-scale relaxation of the OBU business, under the auspices of the country's free economic pilot zone,

China's nouveau riche boost medical tourism sector

South Korea, Singapore, and Taiwan have been pursuing the development of their medical tourism industry, capitalizing in part on the growing demand for their services among China's nouveau riche

SEI Study: Wealth Managers Must Combine Value and Values to Attract World's Wealthy

This is the first of four papers that will be released during the year, each analysing a phase of the wealth management customer journey.

Wealth management now third of YBR revenue

YBR attributed strong growth in wealth revenue to the launch of its low-cost superannuation product RetireRight

Melbourne rich-lister looks tobuy stakes in up to five boutique wealth management firms

Bennelong has formed a bespoke wealth management group, led by Fiona Rowland, which aims to tap into the burgeoning business of managing money for wealthy individuals and families.

Australia: Reliance on wealth management honey pot scrutinised by APRA

The Australian Prudential Regulation Authority's research exercise into the operation of the committed liquidity facility has thrown up an intriguing and even alarming issue for the banking industry.

Singapore's Temasek to be 'model' for SOE reform

China will learn from Singapore's Temasek Holdings Pte Ltd, using the government investment corporation as a model for the reform of asset management

BBY to Hire More Than 100 Australian Private-Wealth Staff

BBY Ltd. plans to double the number of staff in its unit catering to individuals this year, seeking to boost revenue from Australia’s A$1.6 trillion retirement savings industry.

Selling dreams: 38 Indian millionaires have moved to UK since 2008

The MAC’s recommendations are usually accepted and implemented by the Home Office

Trends in China’s Wealth Management Industry

Celent projects that China’s wealth management market will hit US$12 trillion in assets by 2014. After 10 years of rapid growth, the market now faces a turning point as disruptive entrants and a more open environment challenge the incumbents.

Standard Chartered retains auditor

Standard Chartered has chosen to retain KPMG as its auditor following a tendering process which was expected to lead to a change.

Wealth and Asset Management