07/16/2019
Death knell of private banking in Australia
The battle with regulators, governments and prudential forces after the GFC has left private banks as Pyrrhic victors - technically winners but near extinction.
Wealth and Asset Management
07/15/2019
Eastspring Raises $417 Million for Fixed Maturity Plan
In the development of this unique FMP, we recognize the need to provide a differentiated offering with wide appeal.»
07/14/2019
Private wealth could bypass Hong Kong
Latest political crisis could end up benefiting Singapore long term
07/12/2019
Superannuation grows as proportion of personal wealth
The Roy Morgan data showed that the value of assets held by Australians had almost doubled from 2007 to 2019, while debt increased by 78.6 per cent over the same period
07/12/2019
Industry Survey: Asset Management 2019
You are eligible for participation in the raffle if you are fully capable of action and if you are resident of Switzerland or Liechtenstein.
07/12/2019
Singapore cautions wealth managers against aggressively courting Hong Kong business: Sources
The central bank told bankers it wanted to ensure wealth managers in Singapore were sensitive to the situation in Hong Kong and did not design campaigns specifically targeting business from Hong Kong, the people said.
07/12/2019
Woori to launch center for pension fund management
In order to offer a personalized advice to each customer, Woori said the center will categorize its customers into three groups
07/12/2019
CreditEase’s Tang Ning: China’s Wealth Management Market is Undergoing Five Major Shifts
This meeting was joined by over 1,800 leaders from business and government as well as experts and scholars from more than 120 countries
07/11/2019
China’s Wealth Management Market is Undergoing Five Major Shifts
Senior Chinese government officials including Premier Li Keqiang, Wang Zhigang, minister of science and technology, and Hao Peng, director of the State-owned Assets Supervision and Administration Commission, attended the meeting.
07/11/2019
UBS' Top Dealmaker Wants to Tap the Wealthy
The unit, dubbed private capital markets, seeks to build a bridge between other super-wealthy private banking clients and the funding needs of private firms.
07/10/2019
Lim Soon Chong: Envisioning Loyalty and Longevity in Wealth Management
Has few worries over the state of private banking in Asia
07/09/2019
UBS WM joins the portfolio protection parade
The private bank is the latest wealth manager to essentially steer neutral, but recommend a tilt toward portfolio protection.
07/09/2019
Boris Collardi «Disrupts the Market» in Asia
Although he has met with senior bankers from several different banks, including the large and medium-sized Swiss players in the region, Collardi’s focus remains on the vast existing network of bankers he built during his time as CEO of rival Julius
07/09/2019
Disruptive fund to debut in Singapore
The Nikko AM fund seeks early stage disruptors and is sub-advised by New York-based Ark Investment Management.
07/08/2019
Deutsche Bank Slashes 18000 Jobs in $8.3 Billion Overhaul
This is a restart for Deutsche Bank – for the long-term benefit of our clients, employees, investors and society.”
07/05/2019
HSBC Global Head of Premier & Jade Bonnie Qiu on what0 Singapore’s affluent really want
For one, she designs her own jewellery — the magnificent rubies adorning her ears are sourced and design by Qiu herself — and she is looking at starting her GIA certification courses soon.
07/04/2019
Maybank Asset Management launches Global Mixed Assets-I Fund
In seeking to achieve its investment objective, the fund invests in a portfolio of Shariah-compliant mixed assets such as global equities, global sukuk, other diversifying assets and cash, the statement added.
07/04/2019
HSBC Expat survey sees Switzerland leapfrog Singapore to number one
Singapore remains the best destination for those relocating with children largely on the back of its well-regarded education system, job stability and opportunities as well as the quality of life it offers.
07/03/2019
Clime ramps up private wealth
"Our top priorities are building the private wealth advisory business and supporting financial advisers with Clime's quality investment products and lastly, acquisition opportunities as they arise" Bristow told Financial Standard.
07/03/2019
SS&C Technologies and FNZ heat up GBST bidding war
Just hours after GBST revealed SS&C Technologies had beaten out local company Bravura's $3-per-share non-binding proposal by putting forward a $3.25-per-share offer, Street Talk revealed FNZ had swooped in with a $3.50- per-share offer.