Managers of Wealth Asia Pacific

SWFs go shopping for managers

The asset management arms of banks, many of which are keen to sell, are likely to head the list of acquisition targets.

Macquarie Private Wealth grows its financial advice numbers

Angela Hayward, Tom Maxwell, Mark O'Flynn and Steven Menyweather have all been appointed private client advisers for the Brisbane team, while Katerina Gagliostro and Wesley Hui have joined the office as associate advisers.

Citi awarded title of 'Best Bank in Asia'

The award process is increasingly more competitive and for Citi to continue to win the best bank award is a reflection of Citi's continued commitment, growth and investment in Asia.

Danger of sign-on bonus expectations

Increased adviser poaching by means of large sign-on fees could result in a growing expectation such bonuses will remain, a number of recruiters said.

Chinese bank wealth management products boom

Analysts have begun to express concern that the extraordinary rise of WMPs over the last year is creating hidden risks in China's banking system.

Asians are world's biggest risk takers

Nielsen's Global Consumer Confidence Survey on investment attitudes shows 48% of consumers in the Asia Pacific region said they were invested in the markets or used investment services.

The real cost of luxury

One justification for the economic policies that go under the name of reform is that the poor gain by a trickle-down effect. But the effects do not always trickle down.

Chinese Appetite for Luxury Ebbs

Sales of everything from gold watches to leather handbags are declining, although they are still robust by global standards.

How the world views the 1 percent

The survey, which asked over 12,000 people whether they agreed with the statement "most rich people in my country deserve their wealth," found that this year nearly 15 percent strongly agreed and 28 percent agreed versus 12 percent and 27 percen

Bet on private sector banks: Tata Investment Corporation

According to Amit Dalal, executive director of Tata Investment Corporation, private sector banks definitely make an investment call.

Plan B Recommends IOOF Takeover Offer

Australian financial services provider IOOF Holdings is poised to acquire listed wealth management company Plan B Group Holdings for 49.1 million Australian dollars.

China’s Power Families

Also known as Winston Wen, he is one of the most successful and prominent private equity investors in China, and a highly controversial figure in the Chinese investment community.

Perpetual sells mortgage management business

Perpetual said the transaction was not expected to be material to this year's net profit.

Pandya wealth in Swiss banks — Real or illusions of grandeur?

Or is it another legend of the infinite Indian wealth that we believe are lying in the Swiss banks?

Australian PE firm offers $225m for ClearView Wealth

ClearView’s biggest shareholder is Guinness Peat Group, which has a 47.84% interest and has been seeking to offload several other investments in its portfolio.

Westpac targets higher wealth cross-sell

Westpac claims the highest wealth cross-sell among the big banks

Wealth management poaching war escalates

According to the newspaper, the letters come after BT Financial recently outlined aggressive expansion plans, including a bid to treble its funds under administration.

Tisco Bank's wealth unit prepares for AEC customers

Mr Picha said the new service, called the Global Asset Allocation Advisory, requires a minimum investment of 5 million baht.

Asia stands to gain as Barclays loses its head, and London loses its credibility

The emails clearly reveal that those concerned knew they were transgressing.

Advisers positive about fee for service

The Elixir Consulting's 2012 Adviser Pricing Models report is based on a study of 433 financial advice businesses across Australia.

Wealth and Asset Management