09/09/2022
Apac HNWs diverting to ‘safer’ alternative and private assets
Investors top motivation is to ‘make the world a better place’
Wealth and Asset Management
09/06/2022
Aegon Asset Management wraps up distribution business in Hong Kong
On Hong Kong Securities and Future Commission’s online registry of institutions, the company confirmed that it has ‘ceased business of regulated activities’.
09/05/2022
Credit Suisse Planning China Wealth Unit Next Year
The wealth management market in China is about $4.2 trillion in a country where household wealth is growing faster than the economy.
09/02/2022
More wealthy Chinese moving to S'pore as China becomes more hostile to the rich: Financial Times
Singapore becoming more attractive for the rich.
09/02/2022
moomoo Singapore wealth management AUM soared 3.7 times in 3 months
Both revenue and net profit increased 10.8% and 25.1% from the corresponding period year-over-year
09/01/2022
M&G Forms Japan Real Estate Partnership with ESR
The inaugural project under this partnership will involve a majority interest from M&G in the development of a logistic facility in Nagoya with ESR managing the facility upon completion.
09/01/2022
Hywin Holdings Announces Unaudited Financial Results for the Second Half and Full Year of Fiscal 2022
Stable earnings growth backed by diversified revenue mix and strong client loyalty
09/01/2022
Union Bancaire Privée’s Wealth Management CEO for Asia on Defining and then Refining the Right Business Model for Success
He also set out how the UBP approach is to provide high-touch, specialised investment advice rather than a low-touch, digital-first model.
08/29/2022
Credit Suisse Mulls Downsizing in China
Among the topics the Swiss lender plans to discuss is the China business with top executives considering whether or not to shrink while Asia managers attempt to make the case to keep investing in the market.
08/26/2022
Citi Named Best Bank in Asia at the Euromoney Awards for Excellence
Citi has a clear vision — to be the preeminent banking partner for institutions with cross-border needs and a leader in wealth management.
08/25/2022
Julius Baer keeps focus on wealth management opportunities in Asia
Singapore, Greater China and India are among the countries that are strategically important to the bank
08/25/2022
Endowus Doubles Client Assets in a Year
Other key growth milestones achieved over the last 12 months include an over 120 percent increase in the number of clients served in Singapore and a 350 percent surge in assets on Endowus’ fund platform.
08/25/2022
Singapore family office scene set to soar in sophistication
Private capital markets, sustainable investing, and philanthropy are key trends to watch in the industry
08/24/2022
HSBC thrives on changing wealth management needs to deliver growth
The bank’s Investments and Wealth Solutions unit is spearheading initiatives to cater to evolving needs
08/23/2022
Citi wealth platform captures increasing investment flows in Asia
Clients invest US$5 billion mostly in fixed-income funds in past three months
08/22/2022
Citi's Asia Wealth Clients Pour Billions into Bonds
Investments were mainly US dollar-denominated and booked in the bank’s regional wealth hubs in Hong Kong and Singapore.
08/19/2022
BlackRock and NAB Private Wealth list three ETFs in Australia
Australia’s ETF market had around A$119 billion (US$82.52 billion) of assets under management as of June 2022, according to figures from the bourse.
08/19/2022
Transamerica Life Bermuda releases updated Guide To High Net Worth Life Insurance
Since the last edition of the Guide in 2021, the world and global economy has undergone dramatic changes.
08/18/2022
Hong Kong Loses Key Asset Management Jobs Over Covid Curbs
The city is not only suffering from talent outflows but also a lack of inflows with 70 percent of respondents saying it has been «extremely difficult» to recruit foreigners to work in Hong Kong due to the strict Covid measures.
08/17/2022
Julius Baer Aims to Triple Onshore Wealth Assets in India
Starting this year, the bank will kick off the plan with targets that include the doubling of relationship managers and clients, the tripling of assets and extended reach to new cities.