05/22/2012
ANZ Wealth has rationalised its research contracts, with Mercer now the major provider of investment research and consulting services for its Australian Wealth and Private Banking businesses.
05/22/2012
Incentives have become so complex and volatile that they no longer motivate the executives they are aimed at
05/21/2012
Damn the financial crisis.
05/21/2012
He says private banks will win the race for Asia's wealth and explains how he intends to go about it. He talks about his time at Goldman, and what asset managers must do.
05/21/2012
Last month, the company had put its non-US wealth division up for sale
05/18/2012
Despite record economic growth over the past two decades – resulting in more than fourfold increase in income and spending – Chinese people overall have become less satisfied with life, according to the study published in the Proceedings of th
05/18/2012
Yet few women in Asia make it to the top. Social norms undervalue girls and women, with sex-selection abortions resulting in some 1.3 million girls per year not being born in China and India alone.
05/18/2012
The 2010 law, to be phased in starting on Jan. 1, 2013, will mean additional compliance costs for banks and fewer investment options for U.S. citizens living abroad.
05/18/2012
That hardly seems like a world-beating target given the 20-year time frame, and would put the fund truly in the minnows pool compared with its peers.
05/18/2012
Saverin's spokesman denies the move was done for tax reasons.
05/18/2012
The Australian dollar this week fell below parity against the greenback for the first time in five months, prompting a slew of global investment houses to lower their outlook for the currency.
05/17/2012
The number of centa-millionaires - those with at least $100 million to invest - is expected to increase by 67% over the next four years in Singapore, according to The Wealth Report 2012 by Knight Frank and Citi Private Bank.
05/17/2012
You get what you pay for, perhaps. Just this week, the Hong Kong government announced a round of pay raises for the government, increasing its chief executive's annual salary to a smooth $622,000.
05/17/2012
A "disproportionate assets" case begs the question: Is caste a factor in the prosecution of corruption?
05/17/2012
The deal would be the biggest in the wealth management industry since ING Group sold its private banking assets in Europe and Asia in 2010
05/16/2012
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.
05/16/2012
Crystal Wealth Partners has launched a unified managed account solution developed with specialist provider and AMP subsidiary Multiport.
05/15/2012
Although the survey covered more than 600 high net worth individuals in Australia, that single anecdote told a lot about the imperfect customer acquisition.
05/15/2012
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.
05/15/2012
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 .