Managers of Wealth Asia Pacific

UBS wealth management expects challenges ahead

Business shrank slightly last month

Standard Chartered lowers Vietnam’s 2020 growth forecast to 3.3%

The report states that manufacturing growth, an industry which accounts for approximately 19% of the country’s GDP, is likely to decline sharply on slowing global demand.

Chinese equity : selectivity is the key to success

In addition, the Chinese policy response has been so far muted

Crossbridge Capital launches CONNECT Prime Gives Back amid COVID-19 outbreak

This is an unprecedented time in our history.

RBC Corporate Services Hong Kong Limited to join SMP Group

SMP and RBC have a long history of working together to provide global solutions for private wealth structuring.

Standard Chartered warns on outlook as profit falls

All figures are presented on an underlying basis and comparisons are made to the first quarter in 2019 on a reported currency basis, unless otherwise stated.

Credit Suisse raises USD 595 million for healthcare impact-focused Quadria Capital Fund II

This successful fundraise is another illustration of the growing demand for impact investing strategies from a range of investors.

HSBC’s pre-tax profit falls 48% year-over-year in the first quarter to $3.2 billion

Analysts at Morgan Stanley had projected the bank’s first-quarter profit before tax could fall by 35.7% year-over-year to $3.998 billion.

Jonathon Clifton featured in CEO Magazine Asia with his management philosophy

Having led his team through massive changes in the past decade to become what it is today, Jonathon sees change as an opportunity and therefore encourages his team to face change with a positive perspective

BR Shetty: The staggering rise and incredible fall of a billionaire

BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions.

Singapore Multi-Family office announces recruitment plans

Tiernan said that “We expect to add up to seven new people to our staff.

Why brand building is essential in times of precarity

The key to the popularity of these durable advertising campaigns was that they exercised a ‘feel good’ factor and prompted memories of better times.

AMP bleeds $18 billion

Even when taken without those impacts, AMP's Australian wealth management arm still suffered to the tune of $1.3 billion across the first quarter.

Credit Suisse gets approval to take majority stake in China JV

Credit Suisse Founder Securities provides investment banking services including sponsoring and underwriting of shares and bonds and financial advisory services.

UBS raises its gold price forecast to $1,800

The price of gold in rand rose as much as 1.6 percent to the highest since Bloomberg began tracking in 1971.

FOs’ expansion plans in Asia not hindered by pandemic

Separately, relationship managers are cautioned from joining another firm in the current market environment, according to a recruitment firm.

No. of fund managers hits record high as market rebounds

Each manager would operate an average of six funds, with the combined value standing at 331.8 billion won ($272.8 million).

Major Challenges Ahead - EM and eurozone in focus

Equities should be lower but calling a top in the current recovery is challenging.

Managers of Wealth Appreciates its Advertisers

We’d like to express gratitude to our fantastic sponsors here at Managers of Wealth.

How wealth management must respond to COVID-19

The speed at which the impact of COVID-19 and governments' reactions to the virus in the shape of lockdowns have been felt across the world is part of what makes the crisis so unique.

Wealth and Asset Management