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Wealth and Asset Management

08/17/2023

Wealth of Vietnam’s richest man Pham Nhat Vuong balloons by more than 8 times to US$44.3 billion on VinFast debut

But the rise in Vuong’s fortunes may be short lived if his company follows the trend of others listed by special purpose acquisition (SPAC)

08/16/2023

IQ-EQ lands major mandate with Flexstone Partners

The firm delivers customised private equity, real estate, private debt and infrastructure solutions with specific expertise in hard-to-access small- and mid-cap markets worldwide.

08/15/2023

Singlife’s investment arm to partner with BlackRock to boost wealth management offerings in Singapore

This partnership aims to introduce customised model portfolios to address a wide range of investor needs.

08/15/2023

Chinese wealth management firm stiffs big investors

Five years after regulators urged trust firms to cut property investments, state-backed Zhongrong remains highly exposed to the flagging sector

08/14/2023

HK's latest updates to suitability obligations to help private bankers

The new guidelines will reduce the compliance burden on private banks and relationship managers, while strengthening Hong Kong's position as a regional wealth hub.

08/14/2023

AMP's NZ wealth management doubles KiwiSaver net cashflows

The highlight of the otherwise flat first-half results from AMP's New Zealand wealth management business was a more than doubling of net KiwiSaver cashflows.

08/11/2023

SCB Julius Baer offers training for heirs

Catering to high-net-worth clients, SCB Julius Baer offers a comprehensive suite of wealth management services.

08/09/2023

Asia Wealth Group swings to loss amid foreign exchange hit

Records a net foreign currency exchange loss of USD205,143 compared to USD137,603 the year prior.

08/07/2023

Citi Expects Strong Family Office Growth in Asia

The landscape in Singapore is evolving.

08/07/2023

BPI Wealth Announces Expansion to Singapore and Reveals Ambitious Asset Management Targets Amidst Branding Overhaul

The company also disclosed its rebranding strategy, with the BPI private banking business soon to be known as BPI Private Wealth.

08/04/2023

OCBC Posts Record Wealth Management Income

This includes income derived from insurance, private banking, premier private client, premier banking, asset management and stockbroking.

08/03/2023

BlackRock-Avaloq tie-up piques interest among Asia private banks

The two firms aim to address a large gap in the risk management industry among Asia's private banks.

08/03/2023

Meet the duo ushering in a new era for UBS asset management

UBS Asset Management counts private wealth units Credit Suisse, Morgan Stanley and JBWere, among others, as some of its biggest clients.

08/03/2023

UBS Will Soon Have Credit Suisse's Landmark Down Under

With its acquisition of Credit Suisse, UBS Wealth Management is returning to Australia after an absence of several years.

08/02/2023

Asian wealth managers falling short in service quality even as market grows: Accenture

But many firms – if not most – are falling short due to their inability to deliver improved client experiences.

08/02/2023

Julius Baer to launch offshore India equity focused fund in September

First ever proprietary India equity focused fund on its offshore platform, says honcho Rahul Malhotra

08/01/2023

StanChart to Open More Hong Kong Branches for Millionaires

The branches will be located in tourist hotspots in the city.

07/28/2023

Private banks eye bigger slice of private credit market

Distressed debt and senior secured loans look attractive, but the pitfalls of limited transparency and liquidity remains.

07/27/2023

Value Partners Group, Aldiracita Sekuritas and STAR Asset Management Announce Strategic Partnership

The partnership also helps foster closer collaboration between Hong Kong and ASEAN countries and contributes to the healthy development of the region’s wealth and asset management industry.

07/26/2023

China wealth manager warns weak economy to squeeze client assets

Beijing's tech crackdown an added headwind as assets shrink

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