Managers of Wealth Asia Pacific

BNP in Hiring Push to Double Cash

Main growth in Singapore comes from Greater China: Asia CEO

DBS, Shenzhen Rural Enter WM Tie-Up

The services will be offered under the Wealth Management Connect (WMC) program for «Southbound» investors, or residents of nine mainland cities in China’s Greater Bay Area, for investing in products from banks in Hong Kong and Macau.

China Assets Blacklisted by Dutch Fund Manager

Screening tool shows India just scraping by, and the U.S. performing poorly on environment.

CIMB Private Banking gets nod for best domestic private bank

The Asiamoney Asia Private Banking Awards are presented annually to outstanding financial institutions

Deutsche eyes brighter Asean future

Positive economic growth drivers for the region bode well for asset and sector selection, according to Deutsche Bank International Private Bank.

Westpac WM Takes Hit

The Board has determined an interim, fully franked dividend of 61 cents per share to be paid on 24 June 2022.

Amplifi Group acquires Wealth Manager

Benefit from Amplifi’s “deep resource base with increased research and compliance support” and establish a long-term plan for the business under a corporate model.

UBS Investor Sentiment: Investors concerned about the war yet stay the course with their portfolios

Investors remain confident in their region’s economy and stock market, even though many expect prolonged and increased inflation

Singapore imposes new rules on family offices

New rules that kicked in April 18 will mean that family offices, through which the ultra-wealthy manage their fortunes, face a stricter regime to enjoy tax-exempt incomes.

UBS Nets Southeast Asia Wealth Planning Veteran

Michelle Lau will join UBS Global Wealth Management as its head of wealth planning, Southeast Asia.

AMP Limited provides Q1 22 AUM

Majority of flows were sourced from customer deposits, in line with the Bank’s objective to further strengthen its liquidity.

StanChart to Offer T. Rowe Price Funds in Singapore

The deal marks T. Rowe Price’s entry into Singapore’s retail fund market, and its first direct tie-up with a Singapore retail bank

RBC Wealth Management Reshuffles Asia Leadership

Reed will be succeeded by North Asia head of private banking Nick Chan who will take on a broader remit to lead RBC Wealth Management's sales and relationship teams across Hong Kong and Singapore.

Ground-level observations

Innovative technology and digitalisation permeating everyday urban life in a fast-changing China

Odds shift for global banks' Asia wealth bets in China's slower-growth reality

Bankers stressed, however, that while the mood has changed in Asia at least for the next few quarters, the global wealth managers still saw Asia as their best growth opportunity.

Singapore Bank Earnings Hit by WM Drop

Southeast Asia’s largest bank, DBS, reported its first quarter net profit came in at S$1.8 billion (US$1.30 billion), down 10 percent from the year-earlier quarter.

Odds shift for global banks' Asia wealth bets in China's slower-growth reality

The banker and his peers declined to be named as they were not authorised by their organisations to speak to the media.

Tougher family office rules likely to attract more wealth

They must also hire at least two IPs, though they may get a one-year grace period to hire the second one. Section 13O previously had no minimum AUM or IP hiring requirements.

Higher Interest Rates Fuel StanChart's Profit Rise

The Asia-focused London-based lender beat the $1 billion average estimate from 16 analysts as compiled by the bank.

HSBC - 1Q 2022 update

In Hong Kong, we were the first bank to gain approval to offer remote, branch-like sales and services.

Wealth and Asset Management