10/31/2019
Awareness is key to preventing fraud
The session covered an array of issues with our panelists sharing experiences, concerns, and awareness on ways to break the fraud cycle.
Comment, Analysis & Research
10/31/2019
China Boasts 27,000 Individuals With a Net Worth Above US$30 Million
Uniquely to China, where the economy has experienced exponential growth in the last few decades, over a quarter of UHNW population are under the age of 50, far above the global average of just 13%.
10/29/2019
Asia remains the largest tourism growth market
Growth in Asia’s foreign travel market continues to exceed the global average, which during the first eight months of the year was only four per cent“, said Julia Mühlberger, marketing consultant, IPK International, at ITB Asia 2019.
10/29/2019
The benefits of supply chain finance need to be realized
ABR data reveals that some firms are still struggling to unlock working capital
10/29/2019
‘New China’: A smoother ride through trade tensions?
Fidelity’s Raymond Ma overweights China’s new economy companies and says smart technologies can address old economy deficiencies.
10/29/2019
Asia AUM continues to grow
However, pressure is increasing on Asia fund managers to embrace ESG investing, according to a Willis Towers Watson report.
10/27/2019
China should ease regulations for foreign financial institutions: HSBC executive
Earlier this month, regulators announced a firm timetable to fully open its futures, brokerage and mutual fund sectors to foreign investors in 2020.
10/27/2019
Hong Kong Banks, Long Fat and Happy, Confront Leaner Times
Lenders feel the pain as the city’s economy is hit by the U.S.-China trade war, slowing Chinese growth and months of antigovernment protests
10/27/2019
Singapore seeing cash flow from turbulent Hong Kong
The extra cash is welcome news for Singapore, whose economy is slowly slipping toward a recession as speculation grows that Prime Minister Lee Hsien Loong will announce an election well before one is due in April 2021.
10/27/2019
How Luxury Brands Should Measure Influencer ROI
The U.S. beauty company Estée Lauder has already put 75 percent of their overall marketing budget into digital channels in China, which includes social media and influencers.
10/26/2019
Slump in number of HK ultra rich
The net reduction of 1,060 ultra-rich individuals caused Hong Kong to lose its status held in 2017 as home to the most UHNW individuals when compared to cities globally.
10/25/2019
For China’s Ultra Elite, Personal Growth is the New Luxury
Alongside a strong desire for personal growth, in mainland China, 74 percent of high-net-worth individuals stated that making a positive impact on the world was as important as making money.
10/25/2019
‘Do-It-Yourself Wealth Management’: Efficient and Low-Cost Access to Professionally Managed Global Diversified Portfolios
The widespread availability of ETFs has transformed the investing landscape as more investors have come to realise that passive indexes outperform most active managers over time.
10/25/2019
Asia-Pacific banks must make radical changes to survive the coming slump, as late-stage economic cycle looms
Nonbank players putting ‘significant pressure’ on business models for lenders in Asia, according to McKinsey
10/24/2019
Japan’s disabled worker farms harvesting returns
Japan’s reputation as the earliest and most enthusiastic adopter of new tech has faded in recent years, but the market continues innovate in unique areas
10/23/2019
Malaysia rises to 16th place in ranking of world’s best retirement schemes, and is third best in Asia: Mercer
Assessing retirement systems across the sub-indices of adequacy, sustainability and integrity, MMGPI compares retirement systems across the globe and covers almost two-thirds of the world’s population.
10/23/2019
McKinsey: «Banks Need To Make Bold Moves Now»
Banks in developed markets have strengthened productivity and managed risk costs, lifting ROTE from 6.8 percent to 8.9 percent.
10/23/2019
Singapore's The Global CIO Office eyes US$1 billion of assets in two years
The ambitious goals of his firm are underscored by the growing number of millionaires in Singapore.
10/22/2019
Swiss remain the richest in the world
Financial assets make up 55% of gross wealth in Switzerland – a little higher than their share in the UK, but less than in Japan or the United States.
10/22/2019
Global wealth expands to $360trn, led by US and China
Researchers also found that China had more members in the top global 10% than the United States for the first time.