Managers of Wealth Asia Pacific

Perks acquires Wotherspoon Wealth

Mark Roderick, Perks managing director, said despite the extraordinary current conditions, the firm was optimistic about the future.

Lessons from Wealth Managers in APAC

Looking forward to the “next normal”, a digitally enabled front office experience becomes even more important for clients, employees and firms

Raffles partners with Bank of Montreal PB in Singapore

Raffles Financial also announced today that its common shares have been approved for listing on the Canadian Securities Exchange (CSE) in Toronto

KKR to buy controlling stake in Commonwealth Bank of Australia’s wealth management business

The transaction is consistent with CBA’s strategy to focus on its core banking businesses and to create a simpler and better bank

Sri Lanka family offices bloom with Chinese interest

The project was opened to investors last December, and roadshows were planned in Europe and Asia this year.

'Pandemic is changing wealth management industry'

The epidemic has changed the way we engage with our clients

Indosuez Miami turns to China as hedge for LatAm clients

I do believe that there is a strong need to have exposure to Chinese currency

What does the new 'big quest for yield' mean for gold prices next week?

Gold prices are looking at a gain this week of around 0.8% with June Comex gold futures last trading at $1713.80, down, 0.70% on the day.

Australia's AMP scraps planned sale of NZ wealth management unit on coronavirus hit

The wealth manager said it held discussions with a number of interested parties regarding the divestment

How Westpac threw a spanner in the wealth-exit works

The big banks are learning that getting out of wealth management is a lot harder than it was getting in, and the WEXIT web remains as tangled as ever.

Update from Michael Power, Ninety One - St. James's Place

Michael Power, Strategist for Ninety One, and Chris Ralph, Chief Global Strategist at St. James’s Place, discuss how Asia and the West may emerge from the coronavirus.

Job Support Scheme: Implications for Singapore family offices

The Singapore Government has been decisive and proactive in supporting businesses with the view to smoothing the economic impact.

Big Four Bank Restructures Private Client Arm

A big four bank has restructured its private wealth advice arm to sit within its broader retail banking division, in a move the bank says will better support client needs.

Wealth managers reveal post-crisis sector picks

Private banking professionals at HSBC, Deutsche Bank, UBS, DBS and Citi reveal opportunities in the wake of economic damage wrought by the coronavirus.

ARA, John Lim's family office make foray into fintech with majority stake in Minterest

This move by ARA follows its recent acquisition of a majority stake in Venn Partners, a London-based specialist debt fund manager with £5 billion ($8.81 billion) in assets under management (AUM).

Huishang Bank opens wealth management unit

China’s Huishang Bank has launched its wealth management subsidiary, reported xinhuanet. The commercial lender received the regulatory nod to launch a wealth unit last year. The new wealth unit will trade as Huishang Bank Wealth Management Co. Th

Huishang Bank opens wealth management unit

China also opened its securities market to foreign players.

Top 10 Threats That CEOs Are Concerned In 2020

At the same time, 32% of CEOs worry about the availability of key skills while 30% of CEOs think that the geopolitical uncertainty will affect in 2020 the economic growth of their organization.

Reyl Bank Profit Rises on Subsidiaries in Asia

Reyl also bulked up on staff, adding nearly two dozen employees to reach 223 people at year-end.

The world’s wealthiest are sticking with stocks despite the coronavirus crisis, UBS finds

In general, business owners are also positive on the longer-term outlook

Wealth and Asset Management