06/09/2022
Citi Plans Hiring Spree for Institutional Business in Asia
Citi plans to hire around 3,000 employees for its institutional business in Asia over the next few years
Wealth and Asset Management
06/09/2022
Wealth Management Firms In Asia are Cautious To Promote Digital Assets
Research shows that wealth management businesses have set plans to almost quadruple assets under management and increase revenues by 60% by 2025 relative to 2021 levels in Asia, which is the primary center of operation for these firms.
06/09/2022
Wealth managers failing to prioritise upcoming regulatory change: Deloitte
Some 67% of respondents from the wealth management and superannuation space said they lobbied the regulator for change via industry bodies.
06/09/2022
SJP Asia study finds the sandwich generations in Singapore and Hong Kong facing mounting financial pressures
Growing Pressures for Singapore and Hong Kong’s Sandwich Class
06/08/2022
Contemi Wins Best ‘Family Office Solution’ and ‘CEO’ award at Wealthbriefingasia awards 2022
The awards were presented on June 02 at a gala evening in Singapore.
06/07/2022
Asian wealth managers seen wary of digital assets despite soaring demand
Global banks have been cautiously moving into crypto for several years, some building it within existing operations and others setting up new businesses.
06/07/2022
How Private Banks Face up to Critical Technological and Digitisation Investment Decisions as they Fight to Stay Ahead of the Pack
This will mostly be through acquiring and layering on digital tools, and sometimes through outsourcing processes, the latter usually well away from any client interface.
06/06/2022
Stephenson Harwood wins at WealthBriefingAsia Awards 2022
The awards, presented at a ceremony in Singapore, recognise outstanding achievements and progress across the Asia wealth management sphere during the last year.
06/04/2022
Citigroup’s $US1b family office clients profit from wild markets
Some of the biggest and most sophisticated include Ray Dalio’s namesake family office, Michael Dell’s MSD Capital and Stanley Druckenmiller’s Duquesne Family Office.
06/03/2022
Savant Wealth Management Invests $3 Million in Australia-based Financial Planning Startup Lumiant
The RIA was Lumiant’s first customer and investor in the U.S.
06/02/2022
Stephenson Harwood wins two Wealth For Good Awards
The awards recognise and showcase the ESG, impact, diversity and inclusion initiatives and efforts of firms and individuals.
06/02/2022
Bank of Singapore Launches Onshore Malaysia Unit
Private banks tapping into onshore opportunities is not a new trend
06/01/2022
Asia-Pacific Wealth Management Market Is Expected to Reach $811.5 Billion by 2030: Allied Market Research
The report offers detailed segmentation of the Asia-Pacific wealth management market based on business model, channel, provider, end user, and region.
06/01/2022
Malaysia’s CIMB Takes WM Hit
The CIMB digital assets and group funding division, which handles partnerships across business lines
06/01/2022
Bordier Inks PE Fintech Partnership in Singapore
This will enable Bordier’s clients in the region to gain access to private equity funds on Moonfare’s digital platform, some of which were previously only available to institutional investors.
06/01/2022
APAC wealth market to reach $811.5bn by 2030
Such factors are anticipated to provide the Asia Pacific region with significant wealth management growth opportunities in the coming years.
06/01/2022
Bank of Singapore opens wealth management entity in Malaysia
With the new entity, Malaysia will become the first market after Singapore where OCBC has a comprehensive onshore presence in its core business pillars in banking, wealth management and insurance.
05/31/2022
Beijing Sets Sights on Becoming Global Wealth Management Hub by 2025
In the same way, Qualified Domestic Institutional Investors will be encouraged to invest in overseas securities.
05/31/2022
AMP completes transfer of Multi-Asset Group into Australian Wealth Management
The successful transfer creates an end-to-end super and investment platforms business within AMP.
05/31/2022
How to build a financial services business that stands out
It means brand alignment has become a strategic priority and a key challenge for financial services leaders, something we explored on the upfront podcast with brand and communications experts Julia Streets and Michael Gough.