01/02/2019
Wealth management to become fee-based
The new generation is more receptive to new ideas and is very comfortable asking for advice.
Wealth and Asset Management
12/31/2018
High net worth, mass affluent offer private banks best potential
Despite volatile 2018, UBS, Bank of Singapore, Credit Suisse, HSBC and others enjoyed robust net inflows
12/31/2018
Who are Southeast Asia’s mass affluent and why do they matter?
We were quite surprised to see how relatively homogenous the mass-affluent consumers are
12/28/2018
Chinese regulator approves wealth management units at two major banks
China issued rules on Dec. 2 for commercial banks’ wealth management subsidiaries to strengthen their risk management and support the real economy.
12/28/2018
1291Group Expands in Asia
1291Group now has a group of 15 partners – it started with eight this year.
12/28/2018
China’s Asset Management Sector Set for Shake-Up
The new rules require existing wealth management units to be split off from their parent banking entities to eliminate implicit guarantees on WMPs (wealth management products) and prevent the spread of risk to the broader financial system.
12/27/2018
Singapore private banks target Non-Resident Indians in Middle East expansion
Bank of Singapore the eighth largest private bank in Asia (ex-China), based on assets under management, which opened its Dubai branch in February 2017 already has 45 wealth managers there.
12/26/2018
Phoenix Wealth Management Opening in South Korea
It will offer a variety of product lines from its Seoul office
12/24/2018
IBC makes it easier for super-rich to lap up stressed assets
Why investing in stressed assets is attractive?
12/21/2018
Credit Suisse Is Setting Its Sights on a New Generation of Wealthy Australians
Less than 20% of wealthy Australians use a private bank
12/21/2018
Credit Suisse Is Setting Its Sights on a New Generation of Wealthy Australians
This is an unprecedented shift in a young country that has little history of inherited wealth.
12/21/2018
KBank lukewarm on high-net-worth view
Mr Jirawat said return on investment next year will decline at a smaller pace than this year's drop, due to asset allocation.
12/20/2018
Maybank AM targets Singapore retail investors
The firm intends to launch a balanced fund for retail investors in the Lion City.
12/20/2018
Advisers must do due diligence for HNWs
They survey showed that 24 per cent of European investors offshore
12/19/2018
Discretionary Portfolio Management and the Advice-Led Revenue Generation Model
Another expert noted that there are three elements to portfolio management - market return, asset allocation returns in excess of market return and lastly the active management return.
12/19/2018
Julius Baer reports Assets under management at CHF 395 billion
Assets under management at CHF 395 billion – Net new money growth close to 5% – Drop in client activity in Q3 affecting gross margin and cost/income ratio – Enhancing focus on core markets and reducing complexity
12/18/2018
Why India's Wealthiest Families are Setting Up Family Offices
However, the family office space is still quite nascent in the region.
12/18/2018
UBS says Asia's wealthy trade less, cut debt as politics shift
As geopolitical jitters and trade tensions have put pressure on its main business, Switzerland’s biggest bank, which is also the world’s largest wealth manager, is turning to ultra-rich Americans for growth.
12/17/2018
Citi to open new 'wealth centres' to attract well-heeled customers
The global bank is planning to have four new "wealth centres" open within two years
12/16/2018
Australia’s $8 billion in hidden treasure
There is $8 billion cash hidden throughout Australia — and you could be sitting on hundreds without knowing it. Here’s where to look.