Managers of Wealth Asia Pacific

VP Bank Targets Robust Growth in Asia with Strategic Focus on Asset Management and Advisory Services

The bank anticipates that while the European private banking sector will expand, growth rates in Asia will outpace those in Europe.

Hong Kong estimates to have over 2,700 single-family offices

The figures are based on a recently-launched Deloitte study commissioned by InvestHK to provide an estimate of the number of single-family offices in the city.

Wealth Managers Sound Off on Private Market Demand

As a result, many are increasingly exploring opportunities in alternatives.

New Endowus IncomeUp Portfolios Designed To Meet Passive Income Needs Of Hong Kong Investors At Different Life Stages

To cater to different investors’ needs for passive income, the newly launched Endowus IncomeUp Portfolios offer three options: IncomeUp Steady, IncomeUp Plus, and IncomeUp Growth.

Is Singapore Better at Private Banking?

In 2023, it recorded a net profit of $7.7 billion.

Singaporean bank UOB aims to double private wealth assets by 2026

Southeast Asia is also a key wealth growth driver in the region.

Philippines’ Metrobank selects Temenos to advance its wealth management business

Metrobank is implementing Temenos Wealth to improve operational efficiency, elevate the customer experience and support business growth from digital channels

ANZ’s private bank joins crowded race for country’s richest families

Mr Dunlop said the bank was seeking to build trust with the younger generation, “so they actually see us in a different light”.

Matsui Securities Adopts Broadridge’s Post Trade Solution to Drive Stock Lending Efficiency

The modular cloud-based solution will open new markets and reduce maintenance burden and complexity

EAMs face challenges bringing private markets to the wealthy

From differentiating their product offerings to catering to their clients' profile, external asset managers face their fair share of hurdles.

Pictet: Six Characteristics Driving Female Wealth Success

Women often excel in building strong and lasting relationships with clients

Ex-CEO, directors of Envision Wealth Management charged by MAS

They allegedly committed offences against the Securities and Futures Act, amongst others.

Woori Bank targets wealthy customers with planned branch expansion

New branches will open in Banpo-dong in Seocho, southern Seoul, and the northern part of Seoul.

Singapore Boasts Hundreds of New Family Offices

This marks a 27 percent increase year-on-year from end-2022, which saw 1,100 SFOs rewarded with the incentives.

Goldman Sachs wealth-management executive warns against buying Chinese stocks, citing tepid growth, opaque policy

The bearish call reflects jitters among overseas investors about the outlook for the mainland China economy

Private Banks Divided on China GDP Target

This marks the end of a 30-year tradition that offers a rare glimpse into the thinking of China’s second-in-command, who is usually in charge of the economy.

PB execs say industry should focus on retention of quality female talent

Senior private banking execs say the issue with female talent lies in retaining them, rather than hiring them.

JP Morgan AM extends iCapital partnership in Apac wealth push

The US asset manager is making its alternatives funds available to wealth managers across Asia Pacific through the iCapital platform.

Citigroup to leverage Hong Kong’s finance hub status to grow wealth business in Asia, Greater Bay Area

Hong Kong will be the epicentre of wealth management as some US$100 trillion in riches is created globally over the next 10 years, Citigroup’s Andy Sieg says

Wealth firm Alti eyes Asian buys and Middle East launch with $450M war chest

Nasdaq-listed Alti Tiedemann Global has raised a $450m war chest to fund acquisitions and is eyeing up deals in Singapore and Hong Kong, as well as entering the Middle East market.

Wealth and Asset Management