05/12/2022
The fund will focus on growth opportunities in Asia’s middle-market businesses, with plans to invest mainly in companies at the growth or mezzanine stage and in need of a capital infusion
05/12/2022
The company employs 28 advisors and has 39 partners, who retain an 80% stake in the company.
05/12/2022
Endowus hires Sean Wong as head of investments and Min Axthelm as director of research, according to a statement.
05/11/2022
Main growth in Singapore comes from Greater China: Asia CEO
05/10/2022
The services will be offered under the Wealth Management Connect (WMC) program for «Southbound» investors, or residents of nine mainland cities in China’s Greater Bay Area, for investing in products from banks in Hong Kong and Macau.
05/10/2022
China Assets Blacklisted by Dutch Fund Manager
Screening tool shows India just scraping by, and the U.S. performing poorly on environment.
05/10/2022
CIMB Private Banking gets nod for best domestic private bank
The Asiamoney Asia Private Banking Awards are presented annually to outstanding financial institutions
05/10/2022
Positive economic growth drivers for the region bode well for asset and sector selection, according to Deutsche Bank International Private Bank.
05/09/2022
The Board has determined an interim, fully franked dividend of 61 cents per share to be paid on 24 June 2022.
05/09/2022
Amplifi Group acquires Wealth Manager
Benefit from Amplifi’s “deep resource base with increased research and compliance support” and establish a long-term plan for the business under a corporate model.
05/08/2022
Investors remain confident in their region’s economy and stock market, even though many expect prolonged and increased inflation
05/06/2022
Singapore imposes new rules on family offices
New rules that kicked in April 18 will mean that family offices, through which the ultra-wealthy manage their fortunes, face a stricter regime to enjoy tax-exempt incomes.
05/05/2022
Michelle Lau will join UBS Global Wealth Management as its head of wealth planning, Southeast Asia.
05/05/2022
Majority of flows were sourced from customer deposits, in line with the Bank’s objective to further strengthen its liquidity.
05/04/2022
The deal marks T. Rowe Price’s entry into Singapore’s retail fund market, and its first direct tie-up with a Singapore retail bank
05/04/2022
Reed will be succeeded by North Asia head of private banking Nick Chan who will take on a broader remit to lead RBC Wealth Management's sales and relationship teams across Hong Kong and Singapore.
05/03/2022
Innovative technology and digitalisation permeating everyday urban life in a fast-changing China
05/02/2022
Bankers stressed, however, that while the mood has changed in Asia at least for the next few quarters, the global wealth managers still saw Asia as their best growth opportunity.
04/29/2022
Southeast Asia’s largest bank, DBS, reported its first quarter net profit came in at S$1.8 billion (US$1.30 billion), down 10 percent from the year-earlier quarter.
04/29/2022
The banker and his peers declined to be named as they were not authorised by their organisations to speak to the media.