Managers of Wealth Asia Pacific

Hong Kong fair showcases booming Asian art market

Now in its fifth edition, the four-day-long Art HK has booked 266 galleries from 38 countries, its 50-50 balance of Western and Asian making it unique in the art fair circuit.

Crystal Wealth launches managed account solution

Crystal Wealth Partners has launched a unified managed account solution developed with specialist provider and AMP subsidiary Multiport.

Aussies say no thanks to private bankers

Although the survey covered more than 600 high net worth individuals in Australia, that single anecdote told a lot about the imperfect customer acquisition.

Wealth fund would 'straightjacket' WA

Western Australia cannot afford a sovereign wealth fund and will be financially straightjacketed if it is introduced by the Colin Barnett-led government, the state's peak business lobby group says.

Futurepriority Report 2012: Asia’s emerging wealthy by Scorpio Partnership

Groundbreaking insight from 2,800 HNWs across nine Asian markets has revealed that Malaysians, Indians, Indonesians and Thais are the most content when it comes to their life-wealth balance .

RBS: The bank that's selling charity

Royal Bank of Scotland is targeting India's young super-rich with a range of products designed to help make giving to the needy easier and more efficient.

Shanghai's wealthiest residents revealed

A total of 140,000 people in Shanghai have personal assets of 10 million yuan, an increase of 6.1 per cent year-on-year, accounting for 13.7 per cent of China's high net worth individuals.

Rich Indian's new faith: Succession planning via trusts

. The well-heeled, especially the newly rich, have become savvier about preparing for the inevitable. And their favourite instruments of choice for bequeathing their riches: trusts and family offices.

Australian unions call for Buffett-style rich tax

Mr Lyons said the ACTU policy would be similar to top-end tax changes debated recently in the United States requiring those earning more than US$1 million per year to pay at least 30 percent in taxes.

Big four banks 'are missing a strategic opportunity' in Asia

AFTER almost three years as a senior banker in booming Shanghai, former Westpac executive Mike Pratt is blunt about the regional presence of the four largest Australian banks.

Sampoerna family moves into banking

Although the sector has already seen the presence of various big banks, Bank Sahabat Sampoerna president director Indra W. Supriadi said the market was still large enough for a new player.

More Wealthy Chinese Said to Prepare Exits

The recent interest builds on a trend of growth in applications from Chinese seeking to emigrate to places like the U.S., Canada and the U.K. in recent years, including to programs that promise citizenship in exchange for investments: In the U.S., 75% of

NAB achieves solid wealth result

Despite sluggish investment markets and an increase in insurance lapses, NAB wealth grew both funds under management (FUM) and cash earnings before investment earnings on shareholders (IoRE).

Scenario of Wealth Management in India

Growing GDP rate in India in wealth management firms is marking a robust future to become the third largest international economy by 2030.

A Luxury Slowdown in China? Don’t Hold Your Breath

Mainland-Chinese customers generate roughly one-third of Gucci and Prada’s world-wide sales, he added, and it’s not uncommon for rich Chinese to spend one-quarter of their disposable income on luxury goods.

HSBC In Talks To Sell South American Operations

The U.K.-based bank didn't elaborate on the talks or give financial details in a brief statement to the Hong Kong stock exchange, but said it will make a further announcement "if and when appropriate."

Wealth-X Profiles Global Single Family Offices

Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has unveiled detailed information on nearly 700 global single family offices representing over $1 trillion of assets under management.

Noah Holdings reports 10.8% increase in revenue

Noah Holdings Limited, the leading independent service provider focusing on distributing wealth management products to the high net worth population in China, today announced its unaudited financial results for the first quarter of 2012.

Luxury travel website launched for Indonesia

A new luxury website and social media activity targeting Indonesians interested in travelling to premium destinations have today been launched by Auckland Airport as part of its Ambition 2020 initiative, designed to grow greater value from international a

Insurance lapses impact on NAB Wealth results

Adviser interest in NAB Wealth remains strong and led to an 8.7% increase in aligned advisors since March 2011.

Wealth and Asset Management