07/24/2020
Silver prices outshine gold to hit seven-year high
The rush to buy precious metals comes as investors search for reliable stores of value due to fears about the global coronavirus recession and the strength of the recovery.
Wealth and Asset Management
07/24/2020
Gold nears all-time high as growth concerns buoy haven demand
UBS Group AG raised its near-term forecast for gold to reach $2 000 an ounce by the end of September, citing its qualities as a diversifier in a low-rate world.
07/23/2020
Singapore’s APS AM partners with Chinese firm
APS Asset Management will act as an advisor for a PFM fund in the mainland.
07/22/2020
UBS APAC Profits Surge Despite Global Setback
The bank posted a 12 percent drop in pre-tax profits due in no small part to $272 million in credit losses, mostly in from its Swiss business.
07/22/2020
Global banks scrutinise their Hong Kong clients for pro-democracy ties
The new law prohibits what Beijing describes broadly as secession, subversion, terrorism and collusion with foreign forces, with up to life in prison for offenders.
07/21/2020
Standard Chartered poised to open Standard Chartered Greater Bay Area Centre in Guangzhou
Standard Chartered Greater Bay Area Centre will be located in Guangzhou International Commerce Center.
07/21/2020
HSBC Job Cuts Reach Asia
While the lion’s share of cost cuts reside in Europe, the report noted that Asia – the most profitable region for HSBC
07/20/2020
China's bank wealth management products total 23.4 trln yuan at end of 2019
The report said the country's bank wealth management business has maintained overall stable operation, and the outstanding amount of WMPs has continued to expand steadily.
07/17/2020
Is India the new China?
In the latest edition of Shifting Asia, we explore India's future, the economy and its challenges. Dive deeper into the report to discover the most relevant takeaways for investors.
07/17/2020
Paribas AM Head of Greater China Equities Defects
She will lead the firm's team of portfolio managers and analysts based in Hong Kong
07/15/2020
UOB AM joins income bandwagon in Singapore
The firm is also expected to launch a growth fund.
07/15/2020
China Bull – Healthy or Sick?
Hong Kong China Equity Perspectives, July 2020
07/14/2020
Alibaba's Jack Ma sells $8.2 billion worth shares, stake dips to 4.8%: filing
The offloaded shares were worth $3.3 billion as of Friday.
07/13/2020
Gold to benefit if China recovers strongly from second virus wave: Goldman
Increased safe-haven buying has pushed spot gold prices 18% higher so far this year, and it breached the key $1,800 an ounce level this week — the highest since Sept. 2011.
07/13/2020
Future looks rosy for wealth management
The agency believed that the equities may continue suffering funding outflows.
07/13/2020
Who wins, who loses in China’s plans for a Greater Bay Area wealth management hub?
Banks with large retail market share on the mainland and offshore likely to be beneficiaries
07/13/2020
Indonesia mutual fund assets shed 11% in first half amid pandemic
The decline was primarily caused by foreign investors cutting their exposure to emerging markets to move into safe haven assets amid the coronavirus crisis, according to a fund manager at a Malaysian fund management company.
07/10/2020
CLSA expands access for Asia rich to unicorn tech investments
CLSA says it is the first to offer such diverse access to private companies so widely in Asia.
07/10/2020
World Wealth Report 2020
High net worth individuals show interest in sustainable investing, scrutinize fees and want hyper-personalization
07/10/2020
Seeing beauty in Asian small-cap stocks
Nimble, fast growing and at an early stage of development, small-cap companies have the ability to seize market opportunities at a quick pace, generate exceptional earnings growth and internally compound capital faster than their big-cap peers.