07/26/2012
Benefits of social media to the wealth management industry
There are an almost unlimited number of benefits to incorporating social media into your overall marketing/business development strategy.
Wealth and Asset Management
07/26/2012
Saverin helps boost Singapore's wealth
Saverin renounced his U.S. citizenship and officially became a resident of Singapore. He made the decision to do so last September, and the news came out when an Internal Revenue Service list was published April 30, causing much consternation, as it was r
07/26/2012
China Luxury Forecast 2012 Reveals Significant Change in Spending Patterns
The Ruder Finn/Ipsos China Luxury Forecast 2012 reveals that the luxury goods market is still growing. Considerable new consumer spending patterns are emerging despite a cautious China market.
07/25/2012
Wealth Management Outsourcing: A Global Market Perspective
All of these have brought technology centre stage in managing financial institutions.
07/25/2012
Family office tech suitability highlighted
Family offices need to understand market obligations and construct their technology systems and strategy accordingly.
07/25/2012
Hong Kong’s Largest Bullion Vault Signals Rising Asia Wealth
The move in Hong Kong reflects increased demand for gold in Asia even as the commodity struggles to sustain its rally into a 12th year.
07/24/2012
Adviser confidence in global economy has hit a 12 month low - Research
Europe and UK also reported below average confidence in their local economies compared to advisers in Asia who are significantly more confident in their local economies than the global economy.
07/24/2012
RBC awarded natural resources mandate for China's National Social Security Fund
The NCSSF is a supplementary fund of the People's Republic of China, and is responsible for the management and operation of the country's National Social Security Fund.
07/24/2012
Private bankers on call 24/7 – invitation only
“The downside is the bankers assigned to such a service are typically young and eager to progress up the ranks, meaning if they are any good they move on rapidly, and building a personal relationship is difficult. But value for the service is good,&
07/23/2012
Central Asia & Caucasus: Rich-Poor Gap Much Wider than Previously Believed
The report, titled The Price of Offshore Revisited, was prepared by a non-profit watchdog group, the Tax Justice Network (TJN).
07/23/2012
Computing Filipino tycoons’ wealth
What should make researching on a Filipino’s wealth difficult is the complicated corporate ownership of local stock corporations.
07/23/2012
Bank layoffs hit high-end Hong Kong rents: brokerage
With luxury homes costing HK$100 million ($15 million) or more, rental yields for high-end homes already yield less than 2 percent, a return set to dwindle further.
07/23/2012
Bank Hapoalim closing Singapore branch
The restructuring will be carried out by the representative office of Bank Hapoalim (Switzerland) and by its Hong Kong subsidiary, BHI Investment Advisors (Asia) Ltd., which specializes in investment advice, and by Poalim Asia Direct Ltd., which operates
07/22/2012
Bajaj Finserv plans to enter wealth management business soon
According to a recent report by Crisil's research division commissioned by Kotak's wealth management arm, the wealth of ultra high net worth households is slated to grow nearly five-fold in as many years to Rs 318 trillion.
07/22/2012
Super rich hold $32 trillion in offshore tax havens
The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.
07/22/2012
Bank of China (Suisse) integrates with Swiss Private Bank
Under the terms of the agreement, BOC will refer clients with international private banking needs outside Chinese Mainland to the Swiss bank
07/19/2012
China's Bank Launches Wealth Management Center in Thailand
The newly-established "Prestigious Wealth Management Center", affiliated with the bank's Bangkok branch, is the third of its kind that BOC operates overseas, after London and Singapore, said Che Jun, general manager of the branch.
07/19/2012
China buys into Canada
Given Canada’s natural resources potential, China has looking here for investment opportunities.
07/19/2012
Faridabad SMEs get lessons in wealth management
The initiative is expected to boost the morale of 20,000 MSMEs of Faridabad.
07/19/2012
BOC launches wealth management center in Thailand
The bank expects the transaction the unit would generate in 2012 to value at approximately $47.40 million.