12/15/2011
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 and Asset Management
12/09/2011
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In a 2007 survey, only farmers felt that wealth distribution was fair, possibly because the government rescinded agricultural taxes and began to provide tuition waivers for rural students in 2006, Zheng said.
12/08/2011
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.
12/08/2011
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
12/08/2011
Two FMD practices set for a merger
Former Perpetual Private Wealth executive, Lee Wapling, will head up the firm.
12/07/2011
Singapore top destination for expats - survey
That is four South-east Asian countries in that top 10 list.
12/06/2011
UBS acquires equity stake in Chi-X Global
The group that UBS joins comprises BofA Merrill Lynch, GETCO LLC, Goldman Sachs, Morgan Stanley, and Quantlab Group LP. Instinet Incorporated, a Nomura Group company, remains the largest equity holder through a subsidiary company.
12/02/2011
Zhai Meiqing at the forefront of Chinese philanthropy
Zhai Meiqing says her main motivation for being involved in commerce is philanthropy and contributing back to society
12/02/2011
Wealth firm plans to expand in Asia by 2014
The expansion is a continuation of the 350-million pound investment programme - known as Project Gamma - announced by the British private bank in 2010 to grow its global AUM from 170 billion pounds to 290 billion pounds by 2014 through investments in infr
12/02/2011
Majority sees income gap as serious problem: survey
The findings said 76 percent of people consider the wealth gap rather serious, while 14 percent said they cannot make ends meet, said Professor Wong Chack-kie, associate director of the institute.
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.
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