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Wealth and Asset Management

06/16/2023

Julius Baer's Malhotra: We need to develop our Indian talent bench

The Swiss bank's Rahul Malhotra emphasises the importance of developing local talent, why he wants to tap into the country's Tier-2 cities and non-resident Indian market opportunity.

06/15/2023

Private Client Executive, Natalie Irvine, awarded Female Private Banker of the Year

It is the first time an Australian private banker has been individually honoured with the accolade.

06/15/2023

UBS Eyes Hundreds of CS Private Bankers in Asia

The decision is being driven by global wealth management president Iqbal Khan, who is betting on the region to continue being a key source of profits.

06/15/2023

Should wealth managers fear robo-advisory?

The viral success of ChatGPT has again shone a light on automated advice, although most experts agree that the future modeol is a hybrid one.

06/14/2023

DBS launches world’s first multi-family office VCC for ultra-rich families to manage their wealth

The VCC is a corporate structure for investment funds that can be set up as a standalone fund or an umbrella fund with two or more sub-funds, each holding a portfolio of assets and liabilities segregated from the other sub-funds.

06/14/2023

Pictet WM Asia CIO: «China Probably Not Far From the Bottom»

From its April peak, the CSI 300 has shed nearly 9 percent to hit 2023’s trough in early June but has since posted a 2.5 percent rebound.

06/13/2023

HSBC to Shut Down New Zealand Wealth Unit

The bank has stopped accepting new retail customers in New Zealand and the wind-down is expected to occur over several years in phases.

06/12/2023

Family offices set to reshape wealth management landscape

The objective is to help no fewer than 200 family offices establish or expand their operations in Hong Kong by late 2025.

06/12/2023

Citi Named Digital Bank of the Year in Asia Pacific

The Asset also named Citi Digital Bank of the Year in Hong Kong, India, Indonesia, Thailand, and Sri Lanka.

06/12/2023

Schroders, BNP Paribas among foreign firms rushing to tap China’s US$18 trillion wealth-management opportunity

BNP Paribas and Agriculture Bank of China launch wealth-management joint-venture as regulator vows consistent and continued financial opening

06/12/2023

DBS Launches Bank-Backed Multi-Family Office

Singapore’s VCC structure is designed specifically for family offices in the city-state with both operational and tax benefits.

06/09/2023

Leader for NAB Private Wealth takes world stage

Private banker gets international accolade

06/07/2023

Private Banks: Outsourcing Consolidation

With only 1.2 billion dollars assets under management, it is small in size, yet the deal proves the buyer's growth ambitions in Asia.

06/07/2023

With Asia's wealth management revenue set to hit $90 bil by 2025, private banking to enjoy 'significant' growth: WWF-SG

WWF-Singapore conducted a pilot study from October 2022 to February with seven private banks that have presence in Singapore and headquarters in the US, Europe and Asia.

06/07/2023

UBS Executive August Hatecke Likes Singapore Well Enough

As research by finews.asia shows, a decision has yet to be made, and will come in a few weeks at the earliest and once the integration of Credit Suisse has been completed.

06/06/2023

RCBC named Best Bank for next-gen and millennials wealth management in PH

The Asiamoney Private Banking Awards recognize institutions that are critical to the region’s wealthy individuals and families, helping them navigate the worst of the volatility of the past year.

06/06/2023

Leading law firm for wealth management in Asia Pacific

With a private client and tax team of over 40 in Asia and over 200 across 17 offices globally, Withersworldwide continues to be the world's largest law firm for wealth management.

06/01/2023

Refik Anadol’s ‘Glacier Dreams’ debuts in Singapore as a new multi-sensory experience in Julius Baer’s NEXT initiative

Inspiring joy and hope, ‘Glacier Dreams’ will be projected on the façade of ArtScience Museum

05/31/2023

Standard Chartered and Singapore FinTech Association partner on blockchain paper to drive sustainability in supply chain payments

Concept paper deep dives into sustainability practices across global value chains and reveals specific tools to encourage alignment and integration among stakeholders

05/30/2023

Union Bancaire Privée acquires Angel Japan Asset Management

The transaction will see UBP further strengthen its presence in Japan and is a clear demonstration of UBP’s ambitions to expand its footprint in Asia-Pacific.

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