Managers of Wealth Asia Pacific

HSBC buys L&T's mutual fund arm for $425 million in wealth expansion

HSBC intends to merge L&T Investment Management Limited with its $1.6 billion asset management operation in India

Beijing Crackdown Hitting Wealth Management Client Base

Not only do all these steps shrink the long-term client base for the wealth management sector – they also make it that much harder to bank them.

Munich-based family office AM alpha buys 112 Robinson for $269.7 mil

The seller of 112 Robinson is Robinson Singapore Holding Pte Ltd, where the ultimate holding company is Lion Trust. Cushman & Wakefield (C&W) is said to have brokered the sale.

Credence Family Office Enters Into a Strategic Partnership

Their research-led approach ensures timely and intelligent solutions which are customized to the specific needs of each client

China's family wealth management industry growing strongly

The country remains one of the world's largest savings markets and one of its fastest growing wealth management markets.

Barclays Gets Australian Banking Licence in Expansion Push

Record low interest rates globally have also prompted the world's top banks to look for more fee-generating avenues and expand into other markets, with London-listed HSBC stepping up its focus on Asia this year to boost growth.

Wealthy investors likely to shun high-yield bonds amid Evergrande debt crisis until second half of 2022, analysts say

High-net-worth customers have shifted to other investments such as yuan-denominated products and US stocks

UBS in talks with China Life for China asset management JV-sources

Both sources declined to be identified on grounds of the confidentiality of the talks.

LGT agrees to acquire wealth manager

Will give LGT an important foothold in the attractive Australian wealth management market

Why Singapore is attracting family offices globally

Vice-chairman of Indorama Corporation, Mr Amit Lohia, explains why his family chose to set up their family office in the city-state

UBS and iCapital Network Deepen their Strategic Partnership

UBS will leverage iCapital’s technology and solutions to improve efficiency and access to information for wealth management advisors and their high-net-worth clients increasingly seeking private market investments.

Edelweiss Group increases its stake in its Wealth Management Business to ~ 44%

Consistently outpacing the market, it has reported a strong performance this fiscal too with a 18% growth in Revenue and 69% growth in PAT QoQ.

BNY Mellon downsizing Korea operations

One of the oldest US banks is joining a slew of foreign financial institutions that have lost interest in Asia’s fourth-largest economy

Barclays Sets Sights on Asia

The bank had been scaling back operations in several countries in the region, including in Australia, South Korea and Malaysia.

UBS and iCapital Network Deepen their Strategic Partnership

Through this partnership, UBS GWM can benefit from iCapital’s technology and solutions, which digitize and automate the entire lifecycle of private market investments.

UBS Joins Hong Kong Covid Quarantine Payers

The reimbursement can total up to HK$42,000 for a single trip only and is available until November 30 next year, barring an earlier relaxation of restrictions by the Hong Kong government.

Partners Wealth Group launches Partners Private

Partners Private offers opportunities that they've never had access to before and creates significant diversification of core portfolios through an exciting range of possible investments.

Thailand's billionaire families eye retail and crypto deals

With the Chirathivat family to reportedly acquire Selfridges, a UK-based luxury department store group, we take a broad look at how Thai families have been approaching investments this year.

Credit Suisse Deliberates Greensill «Full Monty»

Greensill is one of two major blow-ups at the Swiss bank this year, besides more than $5 billion in losses on Archegos – by far Wall Street's worst.

New Wealth-X Report Reveals a Staggering Level of Generational Wealth Transfer Leading up to 2030

Over the next decade, almost a quarter of this population will transfer more than $18 trillion in wealth, a sum greater than China’s annual GDP in 2020.

Wealth and Asset Management