09/09/2011
Asia's millionaire population to grow 140 per cent by 2015
CLSA Asia-Pacific Markets, has launched “Fat cats in fast lanes: Surge in high net worth individuals” report, examining the surge of wealth in the region.
09/09/2011
CLSA Asia-Pacific Markets, has launched “Fat cats in fast lanes: Surge in high net worth individuals” report, examining the surge of wealth in the region.
09/09/2011
And along with the only slightly less privileged they’ve made a significant impact on the global luxury market, dishing out $26 billion last year on capitalist trappings like insanely expensive cars, yachts, private jets and even helicopters.
09/09/2011
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.
09/09/2011
An intriguing array of private jets swarms Indian skies as India's billionaires revel in luxury.
09/08/2011
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.
09/08/2011
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.
09/08/2011
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.
09/07/2011
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.
09/07/2011
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.
09/07/2011
The sight of a bright red Ferrari being delivered in Jakarta is still something that attracts attention. But not for long.
09/07/2011
Asia’s biggest rivalry is looking more and more one-sided.
09/07/2011
Tom Meneses had been putting it off for four years. But once he did it, he said, he found it “invaluable.”
09/06/2011
Brokerages plan to seek business abroad
09/06/2011
Chinese head to wealth managers
09/05/2011
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.
09/05/2011
Drawn to a wealth magnet
09/02/2011
South Africa's first black billionaire, mining magnate Patrice Motsepe, is in talks with Ratan Tata for ventures in financial services in India
09/02/2011
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.
09/01/2011
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.
09/01/2011
38,000 Filipino millionaires by 2015 - Swiss banking group