Managers of Wealth Asia Pacific

BNP Paribas gears up for India push

French banking major BNP Paribas is keen to push growth of its asset management business in India, which it sees as one of the most promising among the key emerging markets in its portfolio.

Ashmore signs distribution deal with Indonesia’s Bank Permata

Ashmore Asset Management has entered into a partnership with Bank Permata to distribute one of its mid-cap focussed equity funds in Indonesia.

Local boutique firms target HNIs; offer competition to Barclays, Kotak

There is a notion that wills are meant for older people

Local boutique firms target HNIs; offer competition to Barclays, Kotak

India may be going through an economic slump but there's been a surge over the past few years in the number of wealth creators leading to an increase in the ranks of the ultra high net worth and high net worth segments.

Growth of Popular E-Investment Got Internet, Fund Companies to See Light

Tianhong Asset Management Co. had total assets of 410 million yuan and a profit of 10.92 million yuan in 2013, a recent report says.

Kasikornbank Lets High Net Worth Customers Invest In Products Of Other Fund Managers

Kasikornbank's private banking business is introducing an 'open architecture' sales structure for its high net worth individual clients.

All funds in India are minuscule

HDFC AMC’s Prashant Jain talks about how life has changed over the last 20 years as a fund manager

Private banking opportunities draw increased foreign interest

More foreign financial organizations are eyeing opportunities in China's burgeoning private banking market, taking different approaches to tap into a unique and fast-evolving customer base.

Home is where the wealth is

Approximately 33 per cent of wealthy Indians’ net worth is invested in their primary residence compared to the global average of 28 per cent.

Credit Suisse reports Improved profitability in Private Banking & Wealth Management:

Improved Wealth Management Clients net margin to 29 basis points from 23 basis points in 4Q13

Global players set to enter advice market

With the wealth management market growing at a “lightning pace”, a number of global asset managers are looking to establish distribution arms in Australia, says Chase Corporate Advisory.

Rich pickings for banks as Asian wealth expands

UBS announces plans to grow in wealth management segment as competitors also vie for a piece of the pie

Bloomberg takes over UBS commodities indices

Since launching in 1998, the rebranded Bloomberg Commodity Indexes have emerged

Edmond de Rothschild adds six private bankers

Chan commented: “High net worth individuals in Asia often have complex personal, family and business needs. With the diverse capabilities of our private banking team in Asia we are able to provide our clients with bespoke solutions which leverage ou

FPSA names financial advice award winners

The Professional Standards and Compliance Excellence award recognises adviser professionalism

200-year-old private banking group targets Asia growth

In its push the bank has made six senior appointments in Asia, doubling its team of relationship managers to 12, with plans to employ three more people by the end of this year.

UBS Wealth Management Is Expanding in Asia, Emerging Markets

UBS, the largest Swiss bank, hired 88 advisers this year

Equity Trustees to buy ANZ Trustees for $150m

Equity Trustees is Australia’s largest independent trustee services company and the ANZ said its trustee business is a natural fit for them in a consolidating sector.

Private banks change tactics in talent war

The Asian private banking industry is notorious for poaching but after a decade of waging a talent war, many institutions are changing tactics.

HSBC Asset Management India launches fund of funds

The new fund offer of HSBC Managed Solutions opened on April 9

Wealth and Asset Management