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Wealth and Asset Management

08/30/2023

Rui yu Wealth CEO Eric Lin: Exploring New Trends in Wealth Management for High Net Worth Individuals in Asia

Recently, Eric Lin, the Founder and CEO of Rui yu Wealth, shared his insights on the trends in wealth management for high-net-worth individuals in Asia.

08/29/2023

BNP Paribas WM's Lemuel Lee on the power of being prepared

The newly-appointed Hong Kong head talks about the bank's ability to provide a palette of cash management solutions kept its clients happy, in a year of market turmoil.

08/28/2023

Citi: Top Line Growth Across the Board in Hong Kong

The treasury and trade solutions arm recorded a 27 percent revenue increase, driven by net interest income and fee-generating mandates.

08/25/2023

Farro Capital parent launches immigration subsidiary

Farro & Co is the new international mobility and immigration solutions subsidiary launched by multi-family office Farro Capital's parent company.

08/25/2023

Citi: APAC Family Offices Lead in Equity Allocations

As a result, family offices in Asia took on more risk assets with an average allocation of 39.5 percent to equities – the highest among all regions.

08/24/2023

Malaysia Faces Private Banking Talent Crunch Amid Growing Wealth Sector

The nation's wealth sector is still in its growth phase when compared to established hubs such as Hong Kong and Singapore.

08/23/2023

Clearview to divest from wealth management within FY24

Claims and lapse underwriting experienced profits and life underlying NPAT margin was 12.4 per cent.

08/23/2023

Unravelling the Market Mystique: A Deep Dive with GAM’s Head of Asia

From the aftermath of the pandemic-induced economic shutdown to the evolving nature of investment avenues, here's a detailed dissection of the year's market landscape.

08/23/2023

HSBC bullish on opportunities in Asia as region’s wealth creation outpaces peers

The bank’s investments and wealth solutions team are focused on helping their clients make the most of the wealth opportunity in Asia

08/23/2023

Asia’s family offices to play a bigger role in private markets

This scenario, which seemed a pipe dream just a few years ago, could be steadily taking shape in this region.

08/22/2023

StanChart’s Asia CEO Ready for Bumpy Road, Bets on China Wealth

Asia CEO sees ‘fundamental’ need for China wealth to diversify

08/22/2023

Data Management, Analytics, AI and ML: Helping Elevate the Wealth Management Proposition

He believes AI- and ML- enhanced data is central to the future of the industry but warns that the pace of adoption will also be reined in by the compliance and governance difficulties in assessing and then controlling the solutions.

08/22/2023

Australia’s secretive family offices in decade-long boom

Family offices are increasingly sophisticated, with 6 per cent of those surveyed having more than $1 billion in assets under management and 60 per cent having an investment committee.

08/22/2023

Citi Private Bank bullish about 2023, growth in ultra-high-net-worth clients mainly from S’pore

Mr Lee said many Citi clients also moved up from Citigold Private Client to the private bank.

08/21/2023

Citigroup Expands Wealth Client Base in Asia Amid Global Push

A report from Boston Consulting Group indicates that the region boasts approximately $55 trillion in financial wealth, standing second only to North America.

08/21/2023

UBS Co-Head of Asia ECM Syndicate to Exit

UBS is undergoing the restructuring of Credit Suisse following a government-brokered takeover in June.

08/18/2023

Citigroup adds thousands of Asia wealth clients in global push

The customers were taken on during the first half of the year, according to a spokeswoman for the New York-based firm.

08/18/2023

Hang Seng Bank Expands Its Cross-Border Wealth Management Presence

These new additions join the bank's existing hubs in Sheung Shui, Central, Kowloon Tong in Hong Kong, and Guangzhou in mainland China.

08/18/2023

UBS Seeks to Hire Several Private Bankers to Serve India’s Rich

Firm returns to India private banking with Credit Suisse deal

08/17/2023

Wealth of Vietnam’s richest man Pham Nhat Vuong balloons by more than 8 times to US$44.3 billion on VinFast debut

But the rise in Vuong’s fortunes may be short lived if his company follows the trend of others listed by special purpose acquisition (SPAC)

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