Managers of Wealth Asia Pacific

HSBC launches “FlexInvest”

FlexInvest is designed to encourage our increasingly digital-savvy customers to build their wealth.

JPMorgan targets mid-size companies in Japan expansion

The formation of the new 4-person team in Japan comes months after the bank expanded its CCBSI team in India, and it is a sign that the largest U.S. bank is using its vast resources to win more corporate clients that have international ambitions.

The return of the wealth effect

The wealth effect is a change in consumer spending that usually accompanies a change in an individual’s perception of their own wealth.

HSBC launches Flexinvest for unit trust purchase on mobile

Customers can set up a monthly plan or make a one-off investment in 10 funds

Wealth giants shrink advertising budgets

AustralianSuper has gone from spending about $14.7 million

Family offices among first adopters of Singapore’s VCC framework

The framework also creates new opportunities for Singapore-based fund service providers such as legal and tax advisors, accountants, fund administrators and fund custodians

Transamerica Life Bermuda's Excellent Customer Service Recognised at the Benchmark Wealth Management Awards

The award marks the third year in a row the company is lauded as a leader in the industry

UBS Wealth Management Starts Cutting Jobs in Asia and Europe

Job cuts are targeted across functions focused on Asia, Europe

Thailand wealth management sector grows as HNWIs hit 30,000

We see vast potential for the market as compared to more mature markets in the region"

China's super-rich eye family office for wealth management: report

About 84 percent are actively taking measures to set up or join a family office, the survey said.

Foreign managers see new opportunity from Chinese banks

The first foreign manager tie-ups with local banks for the new segment were announced in December

Global Market Insights - WHIreland Wealth Management

Inevitably, not all assets provided such positive returns.

Chinese FOs gain traction

China’s rapid economic growth has led to the emergence of family offices in the country, but AUM is still lagging the rest of the world, according to a UBS WM report.

Revealed: The winners of Citywire's US Offshore Awards

It’s now time to reveal the winners.

Australian wealth manager identifies 67 rogue advisers

Despite earlier having referenced provisioning for a remediation bill in the order of A$223m, IOOF acknowledged that it had not actually commenced making remediation payments because it was still collecting and assessing the data.

Zedra swoops on BNP Paribas Singapore Trust

The deal will add to ZEDRA’s existing headcount of over 550 industry experts across 13 countries

AMP maps new wealth structure

Replying to a question no notice from the House of Representatives Standing Committee on Economics

APAC Monthly Private Wealth Legal Developments

The jurisdictions covered in the update are Hong Kong, Singapore, China, Taiwan, Japan, India, Malaysia, Indonesia, Thailand and the Philippines.

Wealth management service increasingly popular in S. Korea

The number of South Koreans with financial assets of over 1 billion won (US$854,000) rose 4.4 percent on-year to 323,000 in 2018, and they held 54 percent of their total assets in real estate and 40 percent in financial assets

YBR exits wealth, sells for $2.5 million

YBR advisers who do transfer will continue to provide services to their existing clients under Interprac's AFSL and will retain their rights to income from their client books.

Wealth and Asset Management