Managers of Wealth Asia Pacific

Men wanted for 36 Chinese millionaire single ladies

A Chinese cupid has launched a nationwide manhunt on behalf of 36 female millionaires who have made fortunes from their country’s breathtaking economic boom but have failed to find love.

Barclays doing fine in S'pore, with or without Diamond

SINGAPORE When Bob Diamond came to Singapore in 2004 to open Barclays' back office at The Atrium, the bank then employed about 500 people, with 150 in investment banking.

Asia spending billions on private tuition for kids

The study by the Asian Development Bank and the University of Hong Kong's Comparative Education Research Centre says shadow education is fast becoming a permanent but expensive fixture in Asia - with countries like Japan spending a whopping $12 billi

China's wealth management industry to grow by 9.5% annually over next four years: report

The robust performance of Chinese GDP has made it one of the most favorable investment destinations for wealth management firms across the globe.

Global Corporate Giving Initiative Answers Question, “What Counts?”

The Global Guide provides corporations with a much needed tool to allow more efficient measurement of corporate giving on a global scale.

Fund houses eye Middle Eastern wealth

Asia-based investment industry CEOs are exploring how to tap institutional capital and rich individuals in the Middle East.

Alliance Bank’s 4-pronged strategy to grow wealth management biz

Its executive vice-president and head of consumer banking Ronnie Lim said the four areas are product innovation, infrastructure, customer segment strategy and advisory support.

Diversity in Asia: Let's not talk about sex

Women in Asia still face barriers in the workforce, particularly in upper management, according to a new report by McKinsey & Company this week — echoing our own findings in the May 2012 cover story of FinanceAsia magazine.

48 of Asia's philanthropic heroes according to Forbes

Philanthropists are hard to come by in a world filled with strife and inequality but when they do appear, they bring priceless care and comfort to many different and forgotten sectors of society.

Chinese millionaires join the world's globetrotters

For the second year in a row, Australia has ranked third behind France and the US as the most attractive destination for Chinese millionaires to holiday, according to a report by Shanghai-based private wealth researcher Rupert Hoogewerf.

Preserving wealth first priority for Asia's rich families: report

An overwhelming 73 percent of these family offices said that preserving wealth was the most important aspect of managing their investments.

Wealth management back on its feet after Melinda scandal

A year after Bank Indonesia temporarily banned banks from accepting new high-value clients, the local wealth management industry is back on its feet and ready to court the affluent.

65% ultra HNIs take loan to buy cars for tax reasons, says Kotak Wealth Management and Crisil joint study

It is no secret that Ultra high networth individuals' fancy big cars.

Long-term investors are quietly putting money into India

India’s problems from a record current account deficit to stalled policy reforms and economic growth running at its weakest pace in nine years, are well known and explain a slump in the rupee to a record low.

Long-term investors are quietly putting money into India

India has gone from the country set to overtake China to the country that can do nothing right. Now, a few contrarians see signs India is turning a corner.

India’s Wealthy Consumers Continue to Spend Despite Weak Economy

The number of Indian ultra-high-net-worth households (HNHs) is estimated to have grown by 30 percent year on year to around 81,000 in 2011 and is expected to triple to around 286,000 over the next five years, the report stated.

Asian private wealth: rich pickings

Private wealth in Asia excluding Japan grew more than five times faster than the 2 per cent global average in 2011, to $24tn, or a fifth of global wealth, according to Boston Consulting Group.

Wealth products lose appeal amid falling inflation

Banks saw their wealth products become much more popular last year after the inflation rate began to outpace deposit interest rates by the greatest distance seen in three years. That trend is continuing this year.

Swiss private bank swings the axe in Asia

The bank is not the only global banking group downsizing its Asian operations, with Deutsche Bank and Goldman Sachs also resorting to similar measures.

Private banks targeting HNW's in Asia

Tailored services include activities such as intergenerational wealth transfers.

Wealth and Asset Management