02/24/2020
Survey: HK retains edge as PWM regional hub
The territory’s proximity to mainland China and its diverse product offerings continue to give Hong Kong an advantage over rival private wealth management centers, according to a recent report.
Comment, Analysis & Research
02/24/2020
What are the advantages of Hong Kong’s OFC regime?
Under the new structure, managers may find it easier to distribute their funds outside of Hong Kong.
02/21/2020
Bravura Solutions announces half-year results
Midwinter and FinoComp were acquired during the period and are performing as expected with strong sales pipelines.
02/21/2020
Japan is slowly closing the gap on ESG reform
The research reveals Japanese companies rank similarly to those from Europe in terms of social and environmental practices.
02/20/2020
Singapore, Italian insurers eye Malaysia’s AXA Affin, report says
It says AXA and Affin Bank have been exploring options for the joint ventures and are seeking around US$500 million for the general insurance firm, and about $150 million for the life insurer.
02/20/2020
Singapore Asset Manager to Solely Focus on China
APS has already made managerial changes to allow founder and chief investment officer Wong Kok Hoi to focus more time on investments specifically within China
02/20/2020
Financial Secrecy Index 2020 reports progress on global transparency – but backsliding from US, Cayman and UK prompts call for sanctions
The sixth edition of the biennial Financial Secrecy Index sees Switzerland reduce its ranking to the third biggest enabler of financial secrecy in the world.
02/20/2020
Clients ‘at ease’ despite coronavirus, Indosuez says
The firm believes that companies in the healthcare and online sectors will remain resilient.
02/19/2020
Coronavirus Outbreak Creates Hiring Window For Foreign Banks
The timing couldn’t be worse as the second-largest economy kicked off the year with a deadly coronavirus outbreak that has locally infected over 72,000 individuals and claimed the lives of 1,868.
02/19/2020
DBS’ Lee Woon Shiu on the Art of Curating the Best Solutions for Asia’s HNWI Clients
Lee presides over a team of 45 in Singapore and Hong Kong which covers the family office offering, wealth planning, insurance solutions and the in-house trust business for DBS’ private bank operations.
02/19/2020
Axa keeps faith in Asia growth
The structural trends that are driving the region’s economic growth and markets remain intact, and will overcome current fears, according to Axa Investment Managers.
02/19/2020
Wealthy clients in Asia still ‘actively involved’ in the markets, not deterred by coronavirus outbreak, private bank says
Activity by Union Bancaire Privee’s clients in Asia was ‘very strong’ to end 2019 and continued with a similar intensity in January, Asia CEO says
02/18/2020
Real estate companies see progress with digital strategies, as new technologies bite, finds KPMG analysis
Asset management is area most likely to benefit from IT and digital investments
02/18/2020
China hotel performance recovered quickly following SARS
All areas of the country, which likely differed in terms of number of reported cases, suffered a negative impact during the SARS outbreak. Some recovered quicker than others, but all bounced back swiftly after containment.
02/18/2020
Standard Chartered to Double Relationship Manager Headcount
Unsurprisingly, the segment also exhibits global tendencies and currently makes up about one-third of Standard Chartered’s international banking clients.
02/17/2020
No reason to go back on govt's mega-merger plan for state-owned banks: FM
On August 30 last year, Sitharaman had announced the biggest merger exercise of PSBs
02/17/2020
Coronavirus outbreak to cause short-term volatility, long-term fundamentals remain intact, fund managers say
The country, which saw its economy grow by 6.1% in the first quarter of 2019, could now only register 4.6% growth.
02/17/2020
Chinese Asset Managers Dethroned in 2019 by Regional Rivals
Domestic managers were the primary beneficiaries of the turnover in rankings. For example, Thai managers Kasikorn and SCB Asset Management made the top ranks due to success from roll-over funds.
02/14/2020
Hong Kong has highest density of very rich
The wealth of individuals with net worth of between $5m and $30m grew by around 10% in the financial services-dominated economy last year, according to a Wealth-X survey.
02/14/2020
The 2020 global wealth outlook
New Wealth-X Report Reveals Significant Growth Among Those with $5 to $30 million in Net Worth.