10/01/2013
Wealth gurus scoop awards
These awards reflect that we are a true wealth management business
Wealth and Asset Management
10/01/2013
Virtual FinFair: Bringing Independent Wealth Advisors Together … Virtually
On November 6, 2013, a world first will take place.
10/01/2013
Asia Pacific set to become world’s HNWI capital
Asia Pacific is set to topple North America from its throne as home to the most wealthy individuals next year
10/01/2013
HSBC launches innovative multi-asset investment platform with Asia Focused Solution
The offering will complement the bank's successful 'World Selection Portfolios' by providing investment opportunities that are professionally managed and tailored to different individuals' risk appetites and investment objectives.
09/30/2013
Aberdeen to invest more in Malaysia
Aberdeen Asset Management Plc plans to increase its investments in Malaysia soon.
09/30/2013
StanChart Pte Bank Open to Acquisitions for Growth
Standard Chartered Private Bank is open to growth via acquisitions, as more consolidation is on the cards for the Asian private banking industry
09/30/2013
Baird & Co. Opens Singapore Office as Asian Gold Demand Rises
Baird & Co., a U.K. precious-metals dealer, opened an office today in Singapore as physical demand for gold rises in Asia.
09/30/2013
Luxury Yachts Find Asian Buyers as Ranks of Wealthy Swell
Wealth among Asia-Pacific millionaires may top North America’s as soon as next year, according to a report published last month by Cap Gemini SA and Royal Bank of Canada.
09/30/2013
Labuan FSA Signs MoU With UAE, Taiwan Market Regulators
The Labuan Financial Services Authority has signed a memorandum of understanding with the Emirates Securities and Commodities Authority and Taiwan's Financial Supervisory Commission to promote market integrity and efficacy of information exchange.
09/29/2013
Julius Baer to fight $100m lawsuit in Singapore
The plaintiffs’ claim amounting to about SGD 94 million and HKD 186 million
09/29/2013
UBS bootcamp readies private bankers for new front in wealth management
The wealth management industry is in the midst of a paradigm shift, from being about relationships to being about advice
09/25/2013
Hong Kong high-rollers growing fast
A HNWI must have at least US$1 million (HK$7.8 million) in investible assets.
09/25/2013
New wealth firm sets sights on HNW investors
Mr Hamilton said that clients in this market are looking to grow and retain wealth which differs from other areas of the finance market.
09/24/2013
Asia-Pacific HNI wealth reached $12 trillion in 2012
The population and wealth of Asia-Pacific's high net worth individuals increased at double and triple the rates of HNWIs in the rest of the world over the last five years
09/24/2013
Select AM strengthens partnership with MGD Wealth
"The portfolios allow non-institutionally aligned wealth management businesses such as MGD Wealth to compete with the vertically integrated advisory businesses," MGD Wealth director and head of Investment Advisory Stephen Furness said.
09/24/2013
Singapore to outstrip Switzerland as wealth hub by 2020
The Lion City is the fastest growing wealth centre in the world, with the number of millionaires there having doubled in the past five years.
09/24/2013
Barclays to shut wealth management services in 130 countries
“The wealth management landscape continues to evolve at pace,” Peter Horrell, Barclays chief executive officer of wealth and investment management, said in a statement.
09/24/2013
StanChart pumps S$810k into Singapore rugby
SCB first came on board as a sponsor of the SRU in 1997.
09/23/2013
Leading Swiss private bank to exit wealth management for some countries
In other markets including Denmark and Israel, the bank will shut out less wealthy clients and focus on those with balances over 1 million francs, the paper said.
09/23/2013
Report: 'Hidden income' makes China's rich wealthier than thought
The CSER surveyed 5,344 urban families in 18 Chinese provinces. The results suggest the top 10% of households earn nearly 21 times more than the poorest 10%.