Managers of Wealth Asia Pacific

Defining wealth in Asia

Most of the high net worth individuals that I meet on a daily basis are business owners and top-level executives working for multinational companies.

Maybank targets the rich

It’s developing its wealth management business to cater to the affluent market in the region

China clamps down on gold trading frenzy

Gold exchanges in China outside of two in Shanghai are to be banned, authorities said in a statement released on Tuesday.

Singapore sits moodily atop wealth pole

When it comes down to it, Singapore can be almost as Wall Street as Wall Street

Fine art market will grow in Asia - Research

Alternative Asset Analysis (AAA) has announced it predicts that the market for fine art in Asia will continue to grow, along with prices.

Hong Kong bankers' pay rises more than London-survey

Pay for similar staff in London rose 12 percent over the same period.

Lone Star $3bn cost in Korea shows foreign peril: Real M&A

Lone Star, which won control of Korea Exchange Bank in 2003 when no local lenders were interested, spent more than five years entangled by courts, regulators and lawmakers as the fund incited public backlash over the profits on its investment.

As markets plunge, Asia's wealthy flock to art

Despite giddy Chinese art prices showing some strain from global economic uncertainty, collectors like Lo think values will continue to rise due to limited supply and continued strong demand as Asian collectors become more affluent.

Wealth firm brings fortune to China

Quam Private Wealth officially commenced its business on 13th December in Hong Kong, taking full advantage of the territory as an international financial hub while knitting together mainland's emerging opulent elites.

Global lender's Indian unit to consolidate consolidate private banking business

A Standard Chartered Bank spokesperson said that information relating to the bank shutting down what is known as booking centres for private banking in a few cities was untrue.

ABN Amro plans for more private bankers in Asia

The bank is also looking to expand its private banking, energy and commodities and trade clearing businesses, Mr Hugues Delcourt said in Singapore.

Sebi may keep family offices out of private capital norms Close

The regulator has received over 100 responses on the proposed norms from various stakeholders and will come out with the new rules soon, the person quoted first said.

Credit Suisse looks to Asia as Euro debt crisis muddles through

Investors are advised to diversify among carefully selected equities, credits and alternatives and focus on domestic demand and structural growth themes in Asia.

Wealth gap 'widely felt' in China

In a 2007 survey, only farmers felt that wealth distribution was fair, possibly because the government rescinded agricultural taxes and began to provide tuition waivers for rural students in 2006, Zheng said.

Is wealth management moving toward servicing ultra-HNIs?

A study by Kotak Wealth Management and Crisil estimates that there are around 62,000 UHNIs in India as of 2010-11, which is poised to rise to 219,000 by 2015-16, reflecting a total net worth of Rs235 trillion.

SWF interest in emergeing debt hits new high

Sovereign wealth funds are seeking to hold more local-currency emerging bonds as a strategic allocation while central banks want to raise their exposure to higher-rated emerging economies such as Singapore, Chile, Brazil, Peru and South Africa, Trigo Paz

Wealth and Asset Management