01/30/2013
Banks expected to launch asset management firms
The Chinese Securities Regulatory Commission recently met with fund-management executives from the five banks to discuss the approval process and hear presentations about the firms' plans.
01/30/2013
UBS, Coutts target onshore wealth in HK
Amid signs of a rising appreciation of asset allocation, the Hong Kong market heads of two private banks step up marketing to the city’s underpenetrated high-net-worth community.
01/30/2013
Growth in Indian art paves the way for wealth management
In the past, the Indian art market was largely dominated by collectors and connoisseurs
01/29/2013
Wealth management products are similar to time deposits
01/28/2013
Shanghai Regulator: Wealth-Management Products Pose Little Risk
Lack of transparency about the size of the sector, where the money is invested, and who takes the hit if investments go sour, has fueled concerns about risks to the stability of China’s financial system. But Fang Xinghai, director general of Shangha
01/28/2013
Global View from Asia - Coutts
The theme remains the same. Long-dated government bonds suffer modest declines while equities rise. Yet, at the same time, support for high yield bonds continues to be strong, further compressing yields.
01/28/2013
There are high hopes for an Australian immigration scheme dubbed the 888 visa, which has been set up to offer temporary residency to wealthy Chinese who invest in a range of products.
01/28/2013
Australia's security regulator on Tuesday reprimanded the private wealth division of Macquarie Group Ltd. (MQG.AU), saying it found "serious compliance deficiencies" in its conduct over several years.
01/28/2013
J. Safra Sarasin Holding Ltd, Bank Sarasin & Co. Ltd and Bank J. Safra (Switzerland) Ltd today announced that their respective Boards of Directors have approved the merger of the two banks, and that Bank J. Safra Sarasin Ltd will be the new name of th
01/24/2013
Wealth management is the most attractive and undervalued business for the banking universe in 2013
01/24/2013
Singapore’s Art Stage is luring the growing pool of wealthy Southeast Asian collectors
01/22/2013
Portfolio Solutions will be limited to individual and small institutional investors with more than $3 million in investable assets.
01/21/2013
This is the second consecutive year that BNP Paribas Wealth Management has won this award.
01/21/2013
The significant investor program started in November for individuals who invest $5 million or more in Australian assets for at least four years.
01/20/2013
It was said the increase reflected the success of the firm's investment strategy.
01/20/2013
Deal may be finalised in a month
01/17/2013
Chinese millionaires don’t sleep that much
01/17/2013
"We believe that this is a first of its kind in the wealth management industry."
01/15/2013
“From a long-term perspective, it is not a good investment target.”
01/15/2013
Bendigo Wealth Management is ahead of its three-year targets, as the company continues to look for expansion.