06/20/2012
Thailand's largest securities firm set to focus on wealth management
The brokerage has about 80,000 accounts, of which 50,000 are actively traded.
06/19/2012
ICICI Bank, the largest private sector bank in India, increased the remuneration of its Managing Director Chanda Kochhar by 33.2%.
06/19/2012
Swiss Asset Management’s Asia expansion driven by asset growth
Swiss asset manager Pictet Asset Management (PAM) is expanding its Asian business as part of its bid to strengthen its presence within the region, driven by recent significant acquisitions in Hong Kong, South Korea and Taiwan.
06/19/2012
Global high net worth population increased slightly in 2011, their investable wealth declined.
06/19/2012
Fine wine is increasing in attractiveness as an asset class for global private wealth investment, according to US-based specialist firm Trellis Wine Investments, which reports an annualised non-correlated return of 11.33% over the past 10 years.
06/19/2012
Manuel G. Ahyong Jr., RCBC head of Wealth Management Group, admitted that the more than 100 percent increase in AUMs in the next four years was a “stretched” target.
06/18/2012
“We are very honoured to win this award for the fourth consecutive year; this segment represents the heartland for Australian Private Banking, and it’s a unique achievement for the Commonwealth Private team.
06/18/2012
India is ranked 55th in terms of only direct deposits as well, while it is placed much lower at 76th rank for fiduciary funds, where the top-ranked jurisdictions include West Indies,Panama, UK, Saudi Arabia, Bahamas, Liberia, Cayman Islands,UAE, Turkey, R
06/18/2012
India’s gold imports rose to $62 billion in last fiscal quarter, most of it due to local demand for gold investments and jewelry.
06/18/2012
Strategic planning is back. With so much uncertainty, bank CEOs need to rethink where their institution adds value to customers, who those customers are today and who they might be in the future.
06/15/2012
Rimmer, most recently chief executive officer of adviser group Financial Services Partners, will take responsibility for the strategy and business development of EQT's new division.
06/15/2012
The fund is not available direct to the retail market but can be accessed through 7IM model portfolios.
06/15/2012
Despite continued setbacks in the global wealth market, affluent individuals will rise by 20 million per year, and India will continue to climb within the top 10 wealth markets list, research by Datamonitor has suggested.
06/15/2012
Wealthiest Singapore Businesses Keep it in the Family
Singapore company registration specialist Rikvin is optimistic that the latest findings in the "Global Wealth and Family Ties" report may influence more people to create their own fortunes through setting up their own or family-run enterprises i
06/14/2012
Sixty-nine per cent like the career advancement the country offers them, while a much lower proportion enjoy the exciting culture (48 per cent) and the Chinese people (43 per cent).
06/14/2012
Private bankers in Hong Kong had sought rule changes to address concerns that the city is falling further behind Singapore – the leading Asian wealth management centre – particularly as more wealthy Chinese look to move their money outside the
06/14/2012
Equity Trustees Limited has established a Private Wealth Services division under the leadership of newly recruited executive, Geoff Rimmer.
06/13/2012
The business, located in Europe, the Middle East, Latin America and Asia, is expected to cost $1.5-$2 billon.
06/13/2012
The Legacy Process provides coaching and runs a week-long residential Legacy Retreat held in the bucolic environs of the Mornington Peninsula, Australia.
06/13/2012
The wealth management industry has huge potential in China, but it needs to learn from international experience, China's top securities regulator said recently.