07/02/2013
More than 8,000 advisers using IRESS XPLAN
"Wealth businesses like the fact that the FDS can be tailored to suit their specific business requirements while maintaining effective oversight of their obligations,"
Wealth and Asset Management
07/01/2013
'Poor English saved Japan's bankers during global financial crisis'
"Managers of Japanese banks hardly understood English
07/01/2013
Wells Fargo AM aims to expand distribution in Asia
US bank Wells Fargo Asset Management is in the early stages of expanding its distribution footprint in Asia Pacific.
07/01/2013
BNY Mellon on track for managed accounts business in HK
BNY Mellon has received licence approval from the Securities and Futures Commission for its new dedicated Hong Kong-based subsidiary to establish a separately managed accounts business.
07/01/2013
Gold tumble sparks wealth switch
Individual mainland investors are no longer in a rush to buy gold.
06/30/2013
RBC aims to double assets under management in Asia
Increased compliance cost is one of the greatest challenges facing wealth management firms
06/30/2013
Global bosses consider UAE a safe bet than Switzerland, South Korea: Survey
The world’s developed countries make a surprisingly strong showing in this year’s survey
06/30/2013
Banks race to capture Asia's next-generation wealth
Unprecedented amount of wealth is set to pass to the next generation
06/30/2013
UBS Starts Gold-Vault Service in Singapore Amid Bullion Rout
UBS AG (UBSN), Switzerland’s biggest bank, started storing gold for wealth-management clients at a facility in Singapore,
06/29/2013
Private banks woo customers with customised packages
“This service is an outcome of extensive consumer research and a clear need that was identified over period of time.
06/29/2013
Ex-UBS Trader’s MST Turns to Wealthy Investors for Hedge Fund
MST Capital Pty raised A$10 million ($9.1 million) from wealthy investors for a global macro strategy that will start today.
06/28/2013
Wealth management opens doors for banks
Investment needs and the strategic transformation of banks fostered the rapid growth of wealth management business
06/28/2013
Singapore is world's most fertile land for millionaires
What is needed is a sound sense of personal investment and finance, and not business acumen or family wealth
06/27/2013
Family offices and institutions back start-up Australian hedge funds
Australian start-up managers enjoy a number of capital sources, including family offices and institutional investors,
06/27/2013
Wealth management industry has untapped potential, panel told
The wealth management industry in Malaysia offers abounding opportunities if its untapped potential is harnessed to the maximum
06/27/2013
Create separate wealth management division, RBI tells banks
Banks should segregate their wealth management service activities by setting up a separate department or division
06/27/2013
Wealth management firm estimates LGBTs have $800 billion spending power in Asia
A new wealth management firm targeted at LGBT investors in Asia estimates that LGBT consumers across the region
06/26/2013
Wealth manages struggling with transformational change
These dynamics are further compounded by shifting demographics and existing challenges around operations, technology, and talent management.
06/26/2013
Advisers saturate HNW space
An increasing number of advisers are turning their attention to servicing high net worth (HNW) clients
06/26/2013
2 in 10 expats guilty of not saving for retirement
They'd rather splurge on travel.