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.
Wealth and Asset Management
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
07/26/2023
Private Banks Split on China Rebound Call
As of late, the spotlight has been placed on Beijing’s commitment to monetary as well as fiscal stimulus, and whether this will be enough to boost growth momentum.
07/25/2023
CEO Captain: EFG Asia's Albert Chiu
EFG's executive chairman of Asia Pacific Albert Chiu talks to us about his faith in Hong Kong
07/21/2023
Gibson Dunn Recognized in Chambers High Net Worth 2023
The firm was recognized with a top tier ranking in China: Private Wealth Disputes.
07/20/2023
Julius Baer India relocates to state-of-the-art office in New Delhi, reinforcing commitment to growth market
Expansion exemplifies the firm’s commitment to India as a strategic growth market while demonstrating its dedication to fostering a skilled team to serve clients in the region.
07/20/2023
Nomura launches international wealth management business in Dubai, opens new premises in DIFC
Nomura has obtained a Category 4 licence from the Dubai Financial Services Authority (DFSA) to expand the scope of its International Wealth Management business
07/19/2023
StanChart's Marc Van de Walle on the bank’s regional ambitions
The bank’s global head of wealth management sets out the case for a fully-converged digital platform across segments and geographies.
07/18/2023
China’s Wealth Assets Are On the Rise Again After June’s Drop, Citic Securities’ Ming Says
Wealth assets generally shrink in the final month of a quarter from the previous month because of factors such as end-of-quarter assessments and maturity dates, he said.
07/18/2023
Private bank CIOs reveal their worst calls in last 12 months
From missing the Japanese equity rally to 'uninvestable' Europe, chief investment officers of major private banks talk frankly about the trades they missed or got wrong.
07/18/2023
Private bank CIOs inch back into equities
In the latest edition of the Top 30 Super Allocators, Europe’s biggest private banks are getting more upbeat about equities, especially with Japan and Asia still going strong.
07/14/2023
Got less than $680,000 to invest? Morgan Stanley doesn’t want your business
Once the review is completed, impacted clients will be contacted and presented with alternative solutions, where appropriate, ensuring a smooth transition.