Managers of Wealth Asia Pacific

Wealth Management Trends Transforming the Industry in 2024

Expect a renewed focus on emerging technologies, stable returns, and newer customer segments for wealth management firms.

UBS Weighs Cutting About 90 Jobs at Asia Wealth, Banking Teams

The scale of the retrenchment in private banking is one of the biggest seen in Asia and comes as wealth from the Greater China region has tumbled amid a property crisis and the faltering economy.

JPMAM Inks New Zealand Wealth Tie-Up

Under the tie-up, CIP will further develop its offering by directly accessing JPMAM’s global capabilities and expertise.

GBA wealth management scheme opens to brokers, more financial products available for purchase

Investors can now purchase a wider range of wealth management products, including deposits, bonds, equity funds, and public mutual funds.

Northern Trust AM Aims to Double International Revenues

Northern Trust Asset Management had $31.7bn in assets under management in quantitative strategies as of 30 September 2023, out of a total $1.09 trillion.

Citibank and AIA Hong Kong Celebrate a Decade of Bancassurance Partnership

The landmark exclusive strategic bancassurance partnership between Citibank and AIA commenced in 2014

Sygnum raises more than USD 40 million in interim close of oversubscribed financing round

As of the completion of this interim close the company’s post-money valuation stands at USD 900 million.

Citibank Enhances Debit Card Benefits for Top-Tier Clients and is First Bank in Singapore to Partner Mastercard in Tree Restoration Initiative

Bank launches Citigold Private Client World Elite Debit Mastercard and joins Mastercard Priceless Planet Coalition; commits to restoring a tree with every S$1,000 spent on card

Standard Chartered Presents 2024 Market Outlook to Hundreds of High-Net-Worth Clients

Over the next few weeks, the Bank will reach out to 5,000 clients with over 20 planned events in markets

LGT hints BoT could cut rates soon

Move would be based on growth

Citi Tells Private Bankers Not to Discuss Yuan in Mainland China

Relationship managers who travel to China typically can’t discuss investments or solicit business though they can meet with clients to build relationships.

Goldman Sachs wants to hire in wealth and asset management units

Growth in these units helped boost the bank’s recent fourth-quarter earnings, with revenue from the divisions climbing 23% and topping estimates.

Julius Baer: Wait for China's Bottoming Process

It is also positive on Japan because of economic tailwinds, Tokyo Stock Exchange reforms and improved fund flows.

LGT: It’s risky to be underweight China

Chinese assets are susceptible to a sharp rebound on the back of any positive news flow, according to the bank’s investment strategist.

FamilyOfficeHK: Negative Headlines Reflect Misunderstanding

Hong Kong possesses a strong talent pool

How Macquarie wins from BlackRock’s 20-year infrastructure bet

BlackRock’s acquisition of Global Infrastructure Partners suggests the local market may be underestimating the value of it Macquarie’s world-leading asset management empire.

Debunking broker misconceptions about private banking

How brokers can service high-net-worth clients

JPMAM Inks Partnership With Thai Asset Manager

The tie-up will combine the former's investment management expertise with the latter's local capabilities

UBS Plans Bigger China Onshore Wealth, Asset Management Business

UBS last year signed a memorandum of understanding to collaborate with Industrial & Commercial Bank of China Ltd. to serve its global and onshore clients

Hong Kong’s revamped cash for residency scheme to be ‘big boost’ for capital markets, family-office push, official says

InvestHK setting up team to assist revamped migrant scheme that may bring in HK$120 billion in capital every year

Wealth and Asset Management