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.
Wealth and Asset Management
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.
02/17/2023
Raffles Family Office welcomes Singapore's new tax incentive for donors with family offices
This incentive will be instrumental in driving philanthropic activities in the country, further enhancing Singapore's reputation as a top-tier wealth management centre and a regional philanthropy hub.
02/17/2023
Mizuho Financial Group and Lombard Odier form Strategic Alliance to expand onshore collaboration in Japan
Mizuho Financial Group leverages the resources and expertise across its entire business lines to provide products and solutions that transcend the boundaries of finance to meet the diverse and sophisticated needs of high-net-worth individuals
02/17/2023
Citi Wealth Activity Rebounding in Asia
Citi is observing a rebound in wealth management activities in Asia where momentum is shifting after a challenging 2022 that saw various macroeconomic headwinds.
02/15/2023
Maybank Asset Management Launches New Decumulation Fund Offering Retiree Investors Peace Of Mind
The new decumulation fund aims to deliver higher income payouts while drawing down capital to convert assets to income systematically.
02/13/2023
Lazard Asset Management slashes fund fees
"All three funds also strongly outperformed the median of the Morningstar Large Cap Value Peer Group, with the Select Australian Equity Fund being the leading fund in this peer group, based on Morningstar data."
02/13/2023
Manulife, MCBL set up wealth management product
“We have launched WealthOne to cater to the growing number of Filipinos who have achieved success in their careers, businesses and other endeavors, and who now want to ensure that their loved ones and succeeding generations will benefit from their l
02/10/2023
HSBC bets big on India's $400 billion pile of wealth
Those expansion plans are vital to shore up growth at Europe’s largest lender, which is grappling with a downturn in profits from the Greater China region.
02/08/2023
Investment Strategy
The positive trend observed in the last quarter of 2022 has persisted into the new year.
02/08/2023
Credit Suisse dials back Asia risk controls after bankers revolt
The measures, more stringent than at many peers, threatened to stall efforts to recover from massive outflows that contributed to another quarterly loss for the embattled bank.
02/03/2023
Citigroup wealth unit stops margin loans against India Adani's securities - source
Citi's wealth unit decided to cut the loan-to-value ratio for credit against Adani securities to zero on Thursday
02/03/2023
McKinsey: Digital Wealth Could Dominate Revenue Growth
In fact, this increase could potentially contribute to more than half of the wealth management industry’s revenue growth in the region over the next three years.
02/02/2023
Will First Boston Get a Chunk of Credit Suisse's Fund Unit?
Specifically, this is assumed to be the Private Funds Group, wholly owned by Credit Suisse and part of the fund business.
02/01/2023
Secure citizenship in St Kitts and Nevis while being a resident in Thailand
As a country in Southeast Asia, Thailand is known for its tropical beaches and rich history.
02/01/2023
Success for IQ-EQ’s Guernsey, Isle of Man, Hong Kong and Singapore offices in 2023 Citywealth IFC Awards
This is the second year in a row that three IQ-EQ jurisdictions have been rewarded for their efforts in the industry, and the second consecutive year IQ-EQ Guernsey has scooped the ‘Gold’ gong.
01/31/2023
Wrise Launches Hong Kong Wealth Unit
In addition, Wrise Wealth Management Hong Kong has also appointed financial veteran Marcus Wong as vice chairman of the new business.
01/30/2023
Hong Kong Family Office Launches Singapore Arm
Leading the Singapore office is Daisy Ha who has been appointed as chief executive for the city-state.
01/26/2023
Credit Suisse Paying Interest to a Billionaire Plaintiff
Multibillion-dollar claims for damages brought by Georgian ex-prime minister Bidzina Ivanishvili against Credit Suisse subsidiaries in Bermuda and Singapore have been playing out in the background in recent weeks.
01/26/2023
US wealth manager Leo Wealth buys Singapore’s Jachin Capital, gets third office in Asia
Joyce Woo, founder and chief executive officer of Jachin Capital, will be chief executive and head of Leo Wealth Singapore and join the firm’s executive team in Asia.