Managers of Wealth Asia Pacific

More $$$ to manage

Citing a private bank in Europe, Lim said it had 32,000 high net worth customers in Malaysia as of September 2011 and the number is forecast to grow to 68,000 by 2015.

Luxury brands reap bonanza in emerging Asia markets

Company bosses even expressed confidence that year-end figures would show continued growth.

JP Morgan Private Wealth Management carves niche in Singapore and Asia

But Peter Flavel, the bank's chief executive for Asia, is determined to expand that clientele, setting his sights on the segment just below the ultra-high net worth - that is, catering for account sizes of between US$10 million and US$30 million.

Singapore's rich grow wealthier, says Forbes Asia

Singapore's 40 richest are now collectively worth US$59.4 billion (S$74.5 billion), up 9 per cent compared with the previous year.

Bank of Ayudhya rebrands private banking ops, eyes rich young clients

Executive vice president Kris Chantanotoke said these trends were increasing in Thailand in line with the rest of Asia-Pacific, driven mainly by growing numbers of new entrepreneurs and business successors.

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.

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

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.

Wealth Management Outsourcing: A Global Market Perspective

All of these have brought technology centre stage in managing financial institutions.

Family office tech suitability highlighted

Family offices need to understand market obligations and construct their technology systems and strategy accordingly.

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.

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.

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.

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,&

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).

Computing Filipino tycoons’ wealth

What should make researching on a Filipino’s wealth difficult is the complicated corporate ownership of local stock corporations.

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.

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

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.

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.

Wealth and Asset Management