03/11/2014
NSW to amalgamate three asset managers
New South Wales is creating a $65 billion fund manager
Wealth and Asset Management
03/11/2014
China Taps Alibaba, Tencent for Private-Bank Program
Trial Planned for Big Cities Tianjin and Shanghai, Prosperous Provinces Zhejiang and Guangdong
03/10/2014
Hong Kong, NYC will be magnets for wealthy
In another 10 years, Hong Kong Special Administrative Region will overtake Singapore as the city that matters most to Asia's wealthy
03/10/2014
CBA wealth gets back to health
In October 2011, Annabel Spring was pitched into a perfect storm when she became group executive of wealth management at Commonwealth Bank.
03/10/2014
Global lenders challenge ANZ's push into Asia
Soft results from big Western banks in Asia have underlined the challenging environment facing ANZ as it encounters growing competition from global lenders targeting the region.
03/10/2014
Jd.com to launch online wealth platform
The estimated seven-day annualized rates for the two products were not disclosed. JD could not be reached by press time.
03/10/2014
The silence on Singapore’s wealth gap
Every capitalistic society will exhibit some inequality as the just rewards for differing work effort.
03/07/2014
Sebi says hike in net worth required for mutual funds spread, no rethink
He also said there is less scope for the regulator to have a rethink on this issue.
03/06/2014
Singapore To Overtake Tokyo As Asia Millionaires Hub By 2023
The number of these millionaires in Tokyo will climb 8 per cent to 3,818, ranking the city fourth worldwide after New York.
03/06/2014
Tianhong denies report that banks not accepting fund transactions
Zenglibao is linked with Yu'ebao, a popular online financial product jointly launched by Tianhong and Alibaba Group.
03/05/2014
Wealth manager comparison site takes on Singapore
Dominic Gamble, challenger to the wealth management industry and founder of findawealthmanager.com, has launched in the Far East.
03/05/2014
Credit Suisse Private Bank to Boost Asia Lending in Wealth Hunt
Credit Suisse Group AG, which runs Asia’s third-largest private bank, will step up lending to first-generation business owners as it seeks to build relationships with potential wealth-management clients.
03/05/2014
Standard Chartered Profit Slides
On a statutory basis, profit attributable to parent company shareholders of $4.09 billion, was lower than the prior-year figure of $4.89 billion, and profit attributable to ordinary shareholders declined to $3.99 billion, from $4.79 billion in 2012.
03/05/2014
Booming number of Asian super-rich flock to invest in Monaco real estate
Asian ultra-high net worth individuals are showing a keen interest in investing in Monaco property
03/05/2014
Rich get richer but give less to philanthropy
The index, which was produced by Forbes Insights, is based on an anonymous online survey of individuals with at least US$5 million in investable assets
03/04/2014
Centrepoint profit climbs but advice numbers fall
Centrepoint said these shifts were the result of lower adviser numbers
03/04/2014
Standard Chartered mulls selling divisions
A company spokeswoman declined to comment on the report.
03/04/2014
Wealth manager comparison site takes on Singapore
Banker-turned-entrepreneur Dominic Gamble founded the comparison website for wealth management services in the City, and has now opened an office in Singapore
03/03/2014
High net worth not necessary to serve investors
IDFC AMC’s Kalpen Parekh talks about commissions to distributors and other key industry issues
03/03/2014
Interim loss for Pyne Gould
Pyne Gould Corporation has posted a $6.6 million loss from continuing operations for the half year to December 31.