Managers of Wealth Asia Pacific

China sovereign wealth fund may cut US debt holdings

“From a long-term perspective, it is not a good investment target.”

Bendigo Wealth ahead of targets

Bendigo Wealth Management is ahead of its three-year targets, as the company continues to look for expansion.

UBS launches China unit, eyes wealth management business

"It is UBS's plan to be one of the leading wealth management providers in China and the subsidiary bank is critical to realize this goal", the statement added.

NAB outlines proposed client model

This will allow NAB planners to focus on clients with more complex needs, or who are seeking a full-service advice relationship.

ABN AMRO rolls out Asia-focused discretionary portfolio management

Anticipating the growth of DPM services in the region, ABN AMRO Private Bank recently rolled out four Asia-focused DPM mandates that invest only in Asia securities.

The View from Goldman Sachs’ Private Wealth Unit

The bank’s ultra high net worth clients, Mossavar-Rahmani said, are “the only constituent that can afford to have a very long horizon.

UBS Global AM secures major FI mandates

UBS Global AM has successfully been awarded two significant fixed income mandates in Australia

Half of adviser practices in poor health

The Future Ready V whitepaper provides an analysis of what is best practice in the advice industry

China orders banks to control wealth product risks

The China Banking Regulatory Commission said banks would also be barred from selling private equity funds

Conditions becoming attractive for wealth managers in Indonesia

Advisory asset management services represent the best bet for private bankers

UBP awaits Singapore banking licence, plans hires

UBP also added eight staff during the year to bring its Asia headcount to 26 (20 in Singapore and six in Hong Kong), around half comprising client-facing relationship managers and advisers. One executive joined from Swiss rival BSI last month and another

FSU concerned over proposed remuneration model for NAB financial planners

"Members are also telling us they feel that NAB isn't playing fairly by trying to change the terms of the Enterprise Agreement through consultation," the FSU stated.

Good year for Hong Kong’s property billionaires

Li Ka-shing remains Hong Kong’s richest man – with a US$8 billion increase in wealth over the past year, according to the latest Forbes’ list released on Thursday.

NAB Private Wealth best in Australia

When it comes to private banks it seems size really does matter, after NAB Private Wealth was named the best one in Australia by publication Asian Private Banker.

Half of adviser practices in poor health: Securitor

"Although most principles continue to acknowledge the importance of addressing the gaps in their operating models, it seems that their time, effort and money appear to have been invested elsewhere over the past few years," said the damning repor

HSBC scraps sales commission for some bankers here

There are no sales targets to meet

Wealth fund mulls buying stake in Daimler

Wealth fund considering buying a four to 10 per cent stake in German automaker

Failed wealth fund raises mainland alarm over banks

Collapse of product sold by Huaxia Bank branch exposes lax management and supervision of outlets on the mainland.

Credit Suisse plans new asset-backed bonus scheme

Full details to be announced internally later in January

Private Wealth: U.S. Up, Asia Down

The report’s authors blame the set-back on poor equity performance, particularly in Japan, China and India.

Wealth and Asset Management