12/01/2011
Barclays Wealth targets tier II and III centres
The real estate boom has resulted in many farmers becoming millionaires overnight and that is a segment too that the UK-based bank will target.
Wealth and Asset Management
12/01/2011
Pictet Lures Credit Suisse Executive To Head South Asia Wealth
He joins Pictet from Credit Suisse, where he was Asia-Pacific chief operating officer (COO) for private banking until mid-August.
11/30/2011
Rothschild’s executive vice chairman for Southeast Asia to leave
She set up Rothschild’s Indonesia office in 1997 and was appointed Singapore-based head of Southeast Asia investment banking in 2006.
11/30/2011
MGD Wealth selects investment manager for its wealth business
Select is now looking for a small number of dealer group partners for the portfolios while it assists MGD to build multi-manager, multi-asset class portfolios.
11/29/2011
HNWIs seeking bankers' advise om charity
Some wealth management firms are also offering guidance to their clients on setting up trusts that would invest in social causes.
11/28/2011
Asset mgmt firm plans to expand across segments
The immediate focus of ArthVeda is to raise a real estate fund in December.
11/24/2011
China's super-rich buy a better life abroad
Education for the kids, clean air, and rule of law are luring wealthy families to emigrate
11/22/2011
Wealthy Chinese look to move abroad - report
US, UK and Canada are among the top countries Chinese millionaires are eyeing to emmigrate to
11/22/2011
Private bankers in Asia are set for a major shift
Asia's banking sector is believed to be moving towards a fee-based model
11/21/2011
Wealthy moving their donations towards social and environment causes
This trend is also observed within Asia's increasingly globalised younger generation which revealed that they are more open and inclined to contribute to the arts, civil rights and the environmen
11/21/2011
Manila-based private bank bags industry award
The private bank is known for its “open architecture” platform that addresses the varied needs and objectives of clients in building up clients' wealth
11/18/2011
Australia's ultra rich has combined wealth of $350bn - report
Australia has the highest number of super rich individuals within the Oceania region
11/18/2011
China bank reportedly told to cease sale of short-term wealth products
The move follows the risks such activities are posing to market liquidity
11/18/2011
China more effective in wealth management: China's sovereign fund
Global assets rose to $374bn during the time the United States and European countries China more effective in wealth management: China's sovereign fund
11/17/2011
Controversy-hit bank looks to form family office in India
The move comes as the bank seeks to lure the increasing number of billionaires in the country
11/16/2011
India-based firm launches three wealth accumulation plans
The wealth products are structured to meet the clients' life-stage financial goals
11/16/2011
Majority of India's rich has direct experience of family feud over inherirtance - study
The report focuses on the world's wealthy demographics
11/15/2011
More wealthy Chinese seek US residency
An increasing number of HNW Chinese are applying for the US investment immigration program
11/11/2011
Snowball acquires Melbourne based wealth management firm
Following the acquisition, Snowball plans to change its name to SFG Australia Limited
11/11/2011
Number of super rich in North America to outnumber APAC until 2032 - study
The new report utilized a new method that shows the distribution of HNWIs by region and country