Managers of Wealth Asia Pacific

Up and down results for BOC Hong Kong

The number of ultra-high net worth families in Asia is expected to continue to increase in the coming years, and this growth will coincide with a massive inter-generational wealth transfer.

Standard Chartered bank considers slashing Singapore office space: Sources

Standard Chartered currently occupies 21 floors - an estimated 420,000 sq ft - in Marina Bay Financial Tower 1 in the business district.

Charles Monat's Martin Wong: «Clients Have Reached Enlightenment»

Wong also spoke about the significance of the China market to the firm.

Chinese billionaire's net worth tumbles $10 bn after Archegos implosion

The billionaire's online tutoring firm, GSX Techedu Inc., has been battered in the stock market

Fitch: Singapore’s Big Three Well-Equipped to Take On Digital Banks

Operating cost efficiency «compares well to some prominent foreign digital banks», the report added.

James Dyson Ends Singapore Adventure

In 2018, Dyson – a prominent Brexit supporter – said his company would produce electric cars from a plant in Singapore by 2021.

Adviser-led TPD claim admittance rates fall

The admittance rates for advised individual claims continued to be higher than non-advised claims.

Testing resilience during a period of change

Economic volatility of the past year challenges CFOs and treasurers

Report from global sustainability platform finds that interest in conscious consumption in Singapore more than doubled in 2020

Technology startup abillion releases Surfing the Plant-Based Wave in Singapore, a deep dive into sustainable consumption.

Australia's largest diamond ring expected to sell for more than $1m in prestige auction

The diamond has an estimated worth of $990,000-$1.2 million, making it the most expensive to be ever offered in Australia and the queen of all engagement rings.

Indian Millionaires Are Investing in Second Citizenship and Moving Abroad

During the pandemic, forty Indians entered the billionaires' club to take the number of those in the coveted list to 177 people.

China’s millennials, Gen Z turn to Louis Vuitton handbags, art toys and Japanese whisky as collector’s items

Chinese painting and calligraphy was the most popular lot at China’s auctions, according to a 2019 report released by Hurun, accounting for about 40 per cent of items sold, let by demand from collectors in northern China.

Tokyo can become a more competitive global financial centre, some observers say

“Finance is no longer just for greedy bankers. It is a growth strategy. Japan is very much in need for a strategy that promotes jobs that are high paying and high impact, and help allocate the vast savings pool of Japan into better and higher return

CFOs in Global Survey Reveal Pandemic Has Fundamentally Altered How They Hire and Manage Their Workforce

Sixty-five percent of Asia-Pacific respondents indicated that they expect to exceed goals and expectations for 2021, compared to 46% for UK and 47% for North America

PH banks facing solvency distress as COVID lingers

The IMF said the economy was showing signs of recovery and that macroeconomic fundamentals at the onset of the COVID-19 were stronger than in the late 1990s.

HNWs change views on advice

More than half of HNWs, 56%, are now open to receiving advice while 12 months ago only 40% were.

7% growth in global reinsurance capital, with signs of underlying combined ratio improvement: Willis Re

Willis Re’s Reinsurance Market Report tracks the capital and profitability of the global reinsurance industry.

Time for Value as Growth and Inflation Arrives

The other key data point of the week is the US inflation data.

Campden Family Connect Completes Five Years in India

Campden Club in India has a membership base of over 100+ business family members, with each family having a net worth of over Rs. 250 crore.

What's next for Open Banking?

This creates big opportunities to make banking better, in particular, tailored, personalized solutions for every area of money management.

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