Managers of Wealth Asia Pacific

Number of advisers in Hong Kong hits record high

The number of licensed intermediary companies in Hong Kong reached a record high this year

Asia’s Wealth Is an Elusive Target for Private Bankers

So far, global banks have focused on setting up hubs in Hong Kong and Singapore as centers for wealthy Asians from China, Taiwan and Indonesia to preserve and manage their wealth.

BMO takes on tough Australian asset managers

BMO Financial Group have announced that it will be establishing a base for its institutional asset management business in Melbourne, Australia, operating as BMO Global Asset Management.

Macquarie Bank Has Made It Way Harder For Its Private Wealth Advisers To Get A Bonus

Macquarie sent a memo to its private wealth advisers last week telling them they don’t get bonuses any more unless they make the bank enough in portfolio management fee

UBS to Shut India Wealth-Management Unit

The move is part of the company's global strategy of focusing only on "core strengths" in each country where it operates and on businesses that require less capital, the person said.

Asia’s private bankers are feeling the pinch

Asian Private Banks Less Willing to Pay Eye-Popping Salaries

Fitch issues warning on wealth management product payouts

"We expect this approach to be more effective and swift in slowing shadow activity than previous efforts, which have focused predominantly on rules and regulation."

Pakistanis have more money in Swiss banks than Indians

A higher amount than Indian entities assumes significance because Pakistan is a much smaller country in terms of population

Switzerland will not cede its crown in wealth management - Boris Collardi

Globally, Singapore is third, but is expected to pip New York to second place in 10 years.

Asian Millionaires to Forge $7 Trillion by 2016, McKinsey Says

“Asia is the highest growth region for private banks and will continue to be so,” McKinsey said. “Most private banks are trying to broaden their product offerings to cater to the specific needs of an Asian clientele.”

Private banks target the wealthy from tier-two cities

Beijing, Shanghai, Shenzhen and Guangzhou are regarded as tier-one cities, while tier-two cities include Chengdu, Nanjing, Tianjin, and Chongqing - all enjoy rapid economic growth.

Edelweiss to seek licence from RBI to set up bank

Edelweiss Financial Services Ltd today said its board of directors has approved a proposal to apply to Reserve Bank of India for setting a new private bank.

Altair opens its doors in Australia

"The combination of private wealth management and an institutional process is unique, and a different skill set to that provided by many smaller fund managers that are formed through break-away teams from large investment houses," managing direc

Singapore’s Henley Group teams with St James’s Place in UK

The new UK operation is being branded THG Wealth Management UK, and was due to open its doors initially in the St James’s Place

The LIBOR Of China Is Going Totally Ballistic

It is remarkable that China's central bank has been unable or unwilling to contain the spike in short-term rates

Indian money in Swiss banks dips to record low

The sharp decline in Indian money in Swiss banks during 2012 followed a significant increase in the previous year, when such funds had risen for the first time in five years.

Wealthy reflect trends in economy

"It is more important that it reflects trends underlying success and failure in China's economic development and meets the needs of the transparency of the market,"

ClearView quadruples aligned advisers

The total number of advisers – employed, franchised and aligned – across the dealer group has almost doubled over the period

Fortunes being made faster in Hong Kong

Most of city's rich individuals made their money in just 20 years, a new survey shows

Defeated by a Barclays press release

This is “in-depth study into how wealth is now being made, spent and shared across the world

Wealth and Asset Management