Managers of Wealth Asia Pacific

Lombard Odier has made two appointments to the firm's Asia-Pacific team

The two executives will be Hong Kong-based and report to Vincent Duhamel, head of Lombard Odier Asia-Pacific. Both positions are new roles.

Wooing The Wealthy – StanChart’s Head Of Private Banking, EMEASA

Standard Chartered Bank (SCB), which generates most of its income from Asia and the Middle East, expects its private banking unit to emulate the growth recorded in 2012.

RBC Wealth Management income up 51%

Royal Bank of Canada’s profit soared to new heights in the third quarter as the bank reported record earnings of $2.3-billion.

Thai expat-focussed advisory firms consider SEC regulation

These efforts are taking place as more and more other countries are increasing their regulatory oversight of financial advisers, notably including Britain, the US and Singapore.

NAB continues Wealth Division Reshuffle

NAB's is reshuffling its wealth management division after revealing redundancies of key roles and has appointed a new general manager of Advice Partnerships.

Asia’s Infinity Financial in major deal with UK star manager Bestinvest

Infinity says “a large percentage” of its existing clients have thus far switched some or all of their investible assets over to Bestinvest (BI), and “virtually all new clients are choosing it as their investment manager”.

China Citic Bank: Holdings of Non-Standard Wealth Management Products Exceed Regulatory Ceiling

The rises in non-performing loans and the non-performing loan ratio were still within management expectations

Asia – Indian Stocks Dance to the Tune of Hedge Funds

Indian stocks and currency markets shed massive weight for yet another day with bellwether index Sensex falling by 636 points

Is China’s Cash Crunch Returning?

A spike in money-market rates in June raised fears about the stability of China’s financial sector.

Schroders: Worst-hit emerging markets set for further losses

The two countries have been among the worst hit in the emerging markets sell-off that has followed rising yields on US bonds and talk of a US recovery.

ClearView reports 92% drop in profits

ClearView has no group life insurance business which has also caused underperformance in the industry

Amid the decline, India's wealth club keeps growing

The membership numbers for its wealth club just keep on rising

WealthSure faces restructure after Court case

Those terminations will result in a loss of annualised earnings to the company

Myanmar poised for six-fold rise in multi-millionaires

Myanmar’s hotel industry, commodities especially lumber and finance and banking sectors are growing very rapidly

Toyota opens Lexus cafe in bid to shake off staid image

This is about showing people the personality of the Lexus brand

Wealth managers suggest alternatives

The current reign of uncertainty across asset classes has wealth managers scrambling for ways to help their clients protect capital

Chinese wealth management company Q2 Profit Surges

Net revenues in the second quarter of 2013 were US$44.3 million, a 132.1% increase from the corresponding period in 2012.

ANZ to invest into promotion of Wealth division

“ANZ Wealth is the overall division name we use globally, while OnePath is an external customer brand that is utilised to distribute offerings through financial advisers,” the bank’s spokesperson said.

NAB Wealth flat as bank's profit rises 2%

NAB Wealth has restructured and there will be ongoing replacement of key executives and some redundancies as well

Challenger shares soar as profit spikes

Record flows to its annuities and funds management businesses have boosted Challenger's full-year performance Read more: http://www.brisbanetimes.com.au/business/earnings-season/challenger-shares-soar-as-profit-spikes-20130819-2s64x.html#ixzz2cTSgER

Wealth and Asset Management