03/16/2022
BNP Paribas Sets up Asset Management JV in India
The Indian mutual fund industry is witnessing strong growth.
Wealth and Asset Management
03/16/2022
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
The move would need approval by mainland Chinese regulators. An SFC spokesperson declined to comment.
03/15/2022
Hong Kong’s Value Partners faces grim 2022 after China-led profit plunge
Value Partners says 2021 was a “challenging year” for Asia’s financial markets, especially in China.
03/15/2022
Noah announces financial results
Non-GAAP[2] net income attributable to Noah shareholders for the fourth quarter of 2021 was RMB289.6 million (US$45.4 million), a 10.3% increase from the corresponding period in 2020, and a 1.9% increase from the third quarter of 2021.
03/15/2022
De-escalation for more uncertainty
Russia also makes up close to 45% of natural gas imports to Europe1.
03/15/2022
Macquarie Asset Management completes acquisition
Central Park Group will form the cornerstone of Macquarie’s efforts to serve US high-net-worth investor demand for alternative investments.
03/13/2022
“Hong Kong and Singapore is Not a Zero-Sum Game”
UBP’s Asia business saw equally strong contributions from Hong Kong and Singapore during the pandemic, the bank’s regional chief executive Michael Blake told finews.asia, underlining that success from the dual hubs need not come at the expense
03/11/2022
Private banks 'neutral' on equities amid turmoil, but favour Asia ex-Japan stocks
Strategists recommend hedges - such as energy stocks and gold - against risk of protracted war between Russia and Ukraine
03/11/2022
Embracing Femininity in Family Office
To mark International Women’s Day this week ZEDRA’s Wendy Sim talks about her role in helping family home offices nurture female talent and how she sees her industry as helping to drive forward equality.
03/10/2022
AMP divesting Russian investment holdings
Our business
03/09/2022
DBS CEO Gets a Pay Bump
The bank reported a record net profit of S$6.8 billion for 2021, up 44 percent from 2020.
03/09/2022
Trend: Millennials and Gen Z reshaping asset management industry
“One of the structural changes facing the unit trust industry is the accelerated shift to digital platforms,” says Lum Ming Jang, chief investment officer at Public Mutual Bhd.
03/08/2022
Top UBS Wealth Manager Targets $5 Trillion Held by Women in Asia
UBS estimates that wealth for women in Asia outside of Japan will jump to $7.3 trillion by 2025, an increase of about 50% from $4.8 trillion in 2020.
03/08/2022
Westpac Invites Bids for Wealth Platform BT Panorama
Australia’s third-largest lender is allowing interested suitors access to confidential information about the business, according to the people, who asked not to be identified as the process remained confidential.
03/07/2022
Wilsons acquires Chancellor for private wealth, flags more M&A
It is understood Wilsons won a competitive process to buy Chancellor Portfolio Services, adding the firm’s clients, client assets and advisers to its private wealth advisory division.
03/07/2022
AMP backs Australians making a difference with annual launch of A$1 million grants program
The grants are designed to help individuals who are working on a project that has positive community impact but needs a financial boost to take it to the next level.
03/04/2022
UBP partners with CRUX AM
Through this partnership, CRUX will therefore advise UBP on the Bank’s Asia equity funds and mandates
03/04/2022
New study sees Singapore as top family office hub
As Hong Kong continues to struggle with the pandemic, Singapore looks destined to become the region’s family office hub.
03/02/2022
SJP partner firm sets up shop in Hong Kong
As it merges with seven other St James’s Place businesses in the special administrative region
03/01/2022
NRI’s I-STAR/GV provides SaaS to Westpac wealth business
Apart from facilitating HIN administration, Trade Settlements, Transfers & Conversions, the I-STAR/GV platform enables automation and STP based processing of Corporate Action event lifecycle, thereby optimizing operations.