Managers of Wealth Asia Pacific

NBO tie-up with Reliance Wealth Management

National Bank of Oman has joined hands with Reliance Wealth Management to provide distinct Indian investment products to NBO's valued private banking customers.

Concentrated portfolios can benefit HNW

"Many high net worth (HNW) and family offices find it difficult to access international strategies which suit them, as most are designed for the institutional market and are not in the best long-term interests of private wealth holders," said P

BNP Paribas Wealth Management scores top marks in Private Banking Poll

These results, in a recognised industry standard, have improved since last year and represent the bank's ability to serve private banking clients.

ANZ ranked lead bank globally in Dow Jones Sustainability Index

ANZ has welcomed the announcement that it has been ranked the most sustainable bank globally in the 2012 Dow Jones Sustainability Index (DJSI) for the fifth time in six years.

NSW based wealth creation firm opens Gold Coast office

The new office will accommodates 20 professional consultants including wealth planners, finance managers, in-home consultants and administration staff.

Luxury brands like Porsche, Jimmy Choo ally with CAs, wealth managers to woo rich clients

"CAs and wealth managers know where the money is. For the luxury firms, we are just another way of bringing out the rich buyer as a slow economy discourages them from heading towards their stores,"

Singapore glamour evades London bankers

“Even if it’s tough and times are not as good as they have been, people would rather be here in Asia than anywhere else,” he says.

Bendigo and Adelaide bank execs loose bonus

The senior executive team at Bendigo and Adelaide Bank has taken a pay cut, with bonuses withheld in light of this year's profit drop.

Philanthropy on the rise in Asia

Philanthropic giving has been on the rise in Asia over the past few years.

Citibank continues to expand coverage of affluent in Asia

While a global program, its focus remains on the strong Asian HNW market, emphasizing how important Asia is for wealth managers looking to grow assets under management and how competitive this market is becoming.

Chinese keep watch on signs of wealth as party preaches austerity

Cases such as the official with several expensive timepieces raise questions about corruption and nepotism, experts say

World’s Richest Gain $25 Billion as Zong Now Top in China

One of the biggest gainers was Amancio Ortega, who gained $1.3 billion, according to the Bloomberg Billionaires Index.

BDO Wealth Management team joins Fitzpatricks

He said the decision had been based, in part, on Fitzpatricks' advice approach and the investment management approach via Fitzpatricks subsidiary, Atrium Investment Management.

MAS launches Giant Pandas Commemorative Coins

Only 3,000 sets are available.

Private lenders offer little help for sagging SMEs

Entering the 2,300 square-meter service hall of Wenzhou's private lending service center on a Monday afternoon, it was very quiet, with dozens of cashiers sitting in front of computers doing nothing. Only one customer turned up over the next half hou

SC Bank Korea halves dividend payout after public criticism

The Korean unit of the British banking group, which had been under fire for its planned payments of a high dividend, made the decision at a board meeting on Thursday.

BDO Wealth Management joins Fitzpatricks

Sidney Lim, former managing director of BDO Wealth Management said that his team had conducted an extensive search for a firm that lived the professional values and standards that his group has delivered for many years.

Art Futures Group opens online art investment services

Other unique features were specially designed for potential investors with a limited understanding of art investment. One of these is the three-minute guide to art investment which gives a concise overview of the basics of investing in art.

China Development Bank Hikes Lending to Private Firms in Asia

According to WSJ, though the bank is not charging lower interest rates than its competitors, it is however willing to offer long-term loans for large amounts, which most commercial banks do not offer as it exposes them to heavily to a single client.

China’s wealthy are having to cope with a 4.94% increase in costs

Hurun Report, the leading authority on wealth in China and publisher of the annual China Rich List, today released the 2012 Hurun Luxury Consumer Price Index (Luxury CPI).

Wealth and Asset Management