Managers of Wealth Asia Pacific

PlanCom wants $10 bn India wealth fund

The Planning Commission wants India to set up a sovereign wealth fund with an initial corpus of USD 10 billion, mainly to invest in energy and mining assets abroad.

The jet-setters club

An intriguing array of private jets swarms Indian skies as India's billionaires revel in luxury.

Asia private bankers earns more than European boss

Julius Baer Group Ltd. (BAER) Chief Executive Officer Boris Collardi enters the 18th-floor meeting room in the bank’s Hong Kong offices lugging a suitcase that contains a clue to the soaring pay of Asian private bankers.

Credit Suisse may exit US wealth management - paper

Credit Suisse is considering paring back its onshore U.S. wealth management business and expanding in Asia as part of a revamp of its private banking, a Swiss newspaper reported.

Standard Chartered makes haste with merger

IF ONLY all mergers and acquisitions could be as swiftly completed as Standard Chartered Bank's swallowing of local specialist resource advisory group Gryphon Partners.

Chinese luxury sales to overtake Japan

Sales of luxury goods like watches and jewellery are continuing to rise in China, as the country overtakes Japan to become the category's second largest market globally.

China’s New Cultural Revolution: A Surge in Art Collecting

As auction houses prepare for their fall sales, Chinese collectors are expected to be a major boost for the market, raising their paddles for big-ticket artworks despite a backdrop of global economic turmoil.

Indonesia: fastest-growing rich list

The sight of a bright red Ferrari being delivered in Jakarta is still something that attracts attention. But not for long.

China in Time of Millionaires Snubs Neighbor: William Pesek

Asia’s biggest rivalry is looking more and more one-sided.

Learning to Manage the Family Wealth

Tom Meneses had been putting it off for four years. But once he did it, he said, he found it “invaluable.”

Brokerages plan to seek business abroad

Chinese head to wealth managers

Swiss banks 'help clients move to Singapore'

SWISS BANKS have already begun helping UK clients move their money to Singapore in defiance of an agreement struck with the UK last week, Accountancy Age understands.

Drawn to a wealth magnet

South Africa's billionaire in talks with Ratan Tata for JV in financial business

South Africa's first black billionaire, mining magnate Patrice Motsepe, is in talks with Ratan Tata for ventures in financial services in India

Rothschild buys tour firm's stake

The asset management arm of Edmond De Rothschild Group, owned by the Rothschild family, said it had bought more than 5 percent of China CYTS Tours Holding Co Ltd, worth $54 million at present, and plans to increase its stake over the next 12 months.

ANZ Wealth: phone-based advisers to help with opt-in

ANZ Wealth is rolling out phone-based advisers who will contact clients on behalf of advisers to assist in opt-in requirements and scalable advice pressures, with plans to raise planner numbers significantly.

Wealth and Asset Management