Managers of Wealth Asia Pacific

AMP provides update on 1H 20 results

AMP has prioritised servicing clients throughout this period, including temporarily increasing resources

Goldman Sachs hikes 12-month gold price forecast to $2,300

The surge in gold prices is being driven by a potential shift in the U.S. Fed towards an inflationary bias to account for political tensions and an expectations that coronavirus infections will rise, says Goldman

Lombard Odier: Why This Man Sold Tons of Gold

He did not specify the exact amount that was sold.

HSBC launches ESG solutions team

This new group will work with all our bankers across sector, product and geography to assess client needs and deliver actionable solutions which are in the best interests of our clients.”

Pimco sees defaults rising in Asia as stimulus is wound back

The trend may already be underway: a growing number of Asian firms are deferring their bond payments on mounting financial stress, while a rising number of investment-grade companies are slipping into junk territory.

Singapore Upgrades Family Office Talent With «Skills Map»

The latest initiative to strengthen talent in the segment is in line with the ongoing trend of family office increasingly opting for Singapore as its choice of booking center.

Gold Returns To Glory And The Gateway To $2000

But then given the almost resistance-less span of twice that distance, Gold added those additional 100 points to its pile in just the past 13 trading days.

Hong Kong’s Push to Lure Family Offices

“The reason why we recommend giving tax incentives to family offices for them to base here is to create social benet to Hong Kong including job opportunity,” he told the Standard.

Nucleus Wealth introduces diversity metric

The decision was taken in line with client demand and all investors’ assets were held in separately managed accounts meaning investors could take a bespoke approach to environmental, social and governance (ESG) metrics.

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.

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.

Singapore’s APS AM partners with Chinese firm

APS Asset Management will act as an advisor for a PFM fund in the mainland.

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.

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.

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.

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

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.

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.

Paribas AM Head of Greater China Equities Defects

She will lead the firm's team of portfolio managers and analysts based in Hong Kong

UOB AM joins income bandwagon in Singapore

The firm is also expected to launch a growth fund.

Wealth and Asset Management