Managers of Wealth Asia Pacific

UBS AM quietly builds onshore fund base

In 2020 alone, UBS AM has introduced seven onshore funds for sale to China’s domestic investors via the PFM scheme.

Butterfield Rebrands Singapore Business

Singapore has a strong reputation as a well-established and diversified international finance centre, however we provide services throughout Asia and our new name reflects that.

OCBC's private banking unit targets bigger slice of booming family offices business

“The family office is a big segment, not only from China but also from the Middle East as well as other parts of the world,” Bahren Shaari told Reuters in an interview.

Korea asset managers’ first-quarter income dives amid pandemic

The Korea Composite Stock Price Index fell 19.7% year-on-year in January through March, the benchmark’s worst ever 12-month performance.

Standard Chartered Bank Vietnam joins hands with Vietnam Women Entrepreneurs Council to support women-owned enterprises

The programme will be applicable for loan applications made in the period from 8 June 2020 to 8 June 2021 or an earlier date when the credit limit is fully used up.

Puhui Wealth Investment Management announces Financial Results

Over the past few months, Puhui, like so many companies across the globe, has been affected by the outbreak of a novel strain of coronavirus (COVID-19).

World of Opportunity: The Important Role of Sustainability in Family Business

Trusted financial partners and advisers are more important than ever in supporting families and businesses in their personal wealth and business ambitions

Savills’ Private Office: Catering to the ultra-rich

Those that have yet to land in Singapore are shopping for a home.

Private banking trio set up New Zealand wealth manager

Firm said it will adopt a fees-for service approach

Asian HNW clients expected to significantly move towards Managed Investments

There appears to be a strong consensus amongst these professionals in Asia that the tide should turn against HNW and UHNW clients’ long preference for self-directed investing.

Clime enters wealth market as big banks exit

"We are deliberately going against the grain, investing in [financial] advice when so many in the industry are getting out,"

The State of Asian HNW Investor Sentiment in the Aftermath of the March Sell-Off

Godfrey comments that clients had in general been very much oriented towards the growth areas of the market

HSBC Private Banking announces record Alternative Investments Fundraising

In the last 12 months, HSBC has offered a diverse mix of alternative solutions

Divergence in Reality

Global reopening, a ray of hope

Bank of Singapore’s private banking assets rise despite political turmoil, Hong Kong CEO says

Bank of Singapore’s greater China operations saw a 10 per cent increase in assets under management in first quarter

Global investment banks claim Aussie investor influx

Many new clients had been sitting in cash for a number of years and had been forced to deploy assets to financial markets to avoid the "horribly low" interest rates on offer, he said.

Asia wealth management post-COVID-19: Adapting and thriving in an uncertain world

The rapid spread of the novel coronavirus across the world has led to a steep drop in economic activity, as most people worldwide have been compelled to stay at home and keep their distance from others.

Sequoia to acquire wealth group

In revenue terms, it translates to an additional $4 million of gross revenue and EBITDA of 400,000 in FY21, SEQ estimates.

UBP granted QDLP license

The mainland asset management unit of the private bank is expanding its China footprint.

Succession Planning in Asia: The Importance of Grooming the Next Generation

The mindset change across Asia is resulting in both increased awareness about effective ways to plan for wealth transfers from one generation to the next, and a greater willingness to plan for such transfers.

Wealth and Asset Management