03/01/2023
Wellington expands fund range to Singapore HNWIs
The investment manager launched three new funds targeting the wealth channel in Singapore, following its first retail launch in 2021.
Wealth and Asset Management
02/28/2023
OCBC Bank stays on track for being the wealth management bank of choice in Malaysia
At OCBC Bank, clients can expect a range of wealth solutions, from deposits and credit cards to wealth protection, investment and financing to help grow, protect and preserve their wealth based on their unique aspirations and appetite for risk.
02/28/2023
Noah Holdings wins 'Best Independent Wealth Manager - China' at Asian Private Banker Awards for Distinction 2022
The Asian Private Banker Awards for Distinction identifies and honors the benchmark for excellence in private banking and wealth management in the Asia Pacific region.
02/27/2023
Singapore banks see fall in wealth management fees as rich clients turn cautious
OCBC’s results wrap up Singapore’s latest bank earnings season, where local rivals DBS Bank and UOB also suffered from lower fees managing rich clients’ funds.
02/27/2023
HSBC Global Private Banking responds to Hong Kong's latest family office incentives
The rapid growth of Asian wealth, coupled with UHNW families’ intent to institutionalise and professionalise the management of their wealth in recent years, has spurred the development of Hong Kong’s family office ecosystem.
02/27/2023
St James’s Place to close Shanghai office
Firm will ‘continue to invest in and grow’ its operations in Hong Kong and Singapore.
02/24/2023
UBS Said to be Applying For China Fund License
That opened the door for other institutions to follow suit, including Blackrock, Goldman Sachs, and JP Morgan Chase which have since obtained various licenses from Chinese regulators to expand their businesses in the Middle Kingdom.
02/24/2023
KGI Asia Sage leverages Extramile to craft extraordinary wealth solution
Extramile further empowers KGI Asia's professional team's ability to offer unrivalled structured products solutions based on clients' need anytime, anywhere.
02/23/2023
Missing Chinese banker was working to set up Singapore family office
A growing number of Chinese executives have set up family offices, a privately held company that manages investments, in Singapore after Beijing launched a regulatory assault on the tech sector and an anti-corruption crackdown.
02/23/2023
Raffles Family Office welcomes Hong Kong Government's initiatives for asset and wealth management industry
The government will also refine regulatory measures and tax arrangements, increase allocation to sustainable investment funds
02/22/2023
Standard Chartered is upping the stakes with its Hong Kong wealth management push
Standard Chartered already employs around 5,800 staff in the city and the bank wants to hire between 300 and 500 wealth management staff in Hong Kong this year in a move that is likely to push up salaries as it goes toe-to-toe with HSBC and Citigroup.
02/22/2023
HSBC Wealth takes a hit while global private banking rises in 2022
Revenue was driven by strong growth in net interest income and increases in all global businesses, including Global Private Banking.
02/22/2023
Hywin International Becomes Vice Chair Member of The Hong Kong Limited Partnership Fund Association (HKLPFA)
The HKLPFA is the industry association guiding and promoting the Limited Partnership Fund (LPF) regime in Hong Kong.
02/21/2023
Labuan IBFC and SBF successfully co-organised masterclass on Labuan International Business and Financial Centre
The masterclass showcased Labuan IBFC’s sectoral offerings and services and served as a platform for an exchange of ideas
02/21/2023
HSBC Holdings plc Annual Results 2022
This contributed to a strong overall financial performance.
02/20/2023
StanChart to Add Up to 500 Staff in Hong Kong
The reopening of the border is set to increase business opportunities in the Greater Bay Area, green finance, fintech and wealth management.
02/20/2023
Japan’s Newest Billionaire Masters The Science Of Turning Waste Into Wealth
The stock is up nearly 30% since then, making Fumio Kaneko, 66, the company’s cofounder and president, the country’s newest billionaire with a net worth of $1 billion.
02/20/2023
Super-rich surge adds shine to wealth management pros
Growing demand for female relationship managers is also pushing such wealth management firms to accelerate their hiring plans.
02/17/2023
Singapore’s Family Office Incentives Under Official Scrutiny
Weng also asked how Tan’s ministry ensured that family office financial assets were booked, based, or anchored, in the city-state.
02/17/2023
Private Banks on Growth Drive in India
Private banks like Julius Baer are ramping up expansion efforts onshore with plans to triple assets and double the number of relationship managers as well as clients, as part of a five-year transformation strategy in India.