03/26/2012
Major product changes ahead for planners
Product providers are reassessing their offerings to the independent adviser market, according to ANZ Wealth, with new strategies under development to address massive issues.
Wealth and Asset Management
03/26/2012
Australia’s Richest Query Private Equity Morals
It’s rare that questions of honor are raised in the buyout industry. But according to Tom Murphy, who manages investments for as many as 40 of Australia’s richest families, it’s time they were.
03/23/2012
Philanthropy in India undergoes a paradigm shift
From ‘how to encourage philanthropy’ earlier, question now is ‘how to encourage people to think strategically’
03/23/2012
There's more to gold than meets the eye
What this means is that investors - whether retail traders, gold exchange-traded funds (ETFs), or private banking clients - will soon be able to trade and store their gold in Singapore free of GST.
03/23/2012
Asian Banks Go Bargain Hunting
Roughly $96 billion in assets ranging from entire businesses to portfolios of loans, have been put up for sale, a banker who has been pitched the deals in Asia said.
03/23/2012
Details still needed on opt-in: ANZ Wealth
The devil will be in the detail of the new requirements on opt-in according to ANZ Wealth, with a number of issues still to consider.
03/23/2012
Coutts appoints chief risk officer for asia
He joins the company from UBS Wealth Management where he was also the chief risk officer based in Singapore.
03/22/2012
Affluent in Singapore lose confidence in wealth
The markets included 300 individuals from Singapore with an average annual income of S$159, 290 (US$126,000).
03/22/2012
Lombard Odier, JBWere partner in Australia
JBwere is a private wealth management company in Australia founded in 1840 while Swiss private bank Lombard Odier has been in Asia for over 25 years.
03/22/2012
Morgan Stanley announces new head of Swiss and Asian Wealth Unit
A Belgian national, has spent 14 years in management positions at the company, including spells as chief operating officer and head of international banking and products for Morgan Stanley’s wealth-management unit.
03/21/2012
Wealthy Asians hungry for financial advice: study
Looking ahead, however, respondents placed a greater emphasis on advice, with 90% expecting financial companies to educate them in relation to investment and wealth strategies.
03/21/2012
Singapore investors bullish on Asia
Affluent Singaporean investors remain bullish on Asia, but see more potential in regions like the Middle East and Africa (MEA), as well as North and Latin America, in the longer term, according to a survey by Standard Chartered Bank and Scorpio Partnershi
03/21/2012
ANZ launches innovative video service for private banking customers
ANZ Private & ANZ Trustees has simplified and greatly expanded client access to its team of experienced, highly respected and industry qualified wealth managers and specialists.
03/21/2012
Coutts Appoints Asia Chairman
He will act as a senior ambassador for Coutts in the region, working closely with senior management on the strategic development of the business.
03/21/2012
Swiss private bank partners with Australian wealth manager
HNW clients can receive advice on areas such as wealth management, estate planning, family business and philanthropy.
03/20/2012
Credit Suisse to Hire for Wealth Management
Osama Abbasi, Asia Pacific chief executive officer at Credit Suisse Group AG, talks about the company's business strategy for the region and the Asian investment conference that the bank is hosting this week in Hong Kong.
03/20/2012
UOB Aims To Increase Assets Under Privilege Banking Management
He said the new offerings included specialist wealth advisory services for affluent individuals
03/19/2012
Banks strive for concessions in Asia
KEB is considering enhancing “the private banking business, focused on wealthy Koreans residing in countries such as Japan, Indonesia and Hong Kong.”
03/16/2012
UK wealth manager targets Asia government debt
A 32-year bull run in the global bond market is hitting a turning point and transforming into a slow, structural bear market, according to Neal.
03/16/2012
More banks to tap into emerging wealth segment in Asia
According to reports, the number of wealthy Asians will grow 140 per cent and reach 2.8 million by 2015.