05/10/2018
Andrew Au: «Digital Balancing of Asian Wealth»
It is no secret that since the global financial crisis Asia has led the world in terms of economic growth and development.
Wealth and Asset Management
05/10/2018
Australia's Crescent Wealth adds Asia tie-ups to grow Islamic business
Crescent also plans to draw more business from institutional clients in the Gulf region through segregated mandates, which typically range in size between $25 million and $100 million, Yassine said.
05/10/2018
Everbright Sun Hung Kai unveils new wealth management service
In order to be eligible for the service, investors have to maintain a portfolio of HK$3m or more with the firm.
05/10/2018
OCBC ups pay by 11% even as headcount falls
It was a different story at OCBC, where staff numbers fell by 261.
05/10/2018
AMP apologises to shareholders at AGM: 'We let you down'
The company’s chairman says the failings in its advice business are ‘unacceptable’ and change is already taking place
05/09/2018
Awards - a time for change?
As one of the respondents to our survey said: “Any publication has its absolute right to offer any award to anyone as we're in a free market.”
05/09/2018
Credit Suisse: Thiam’s Asia dreams come true
It has taken a while, but a corner has been turned.
05/09/2018
Schroders launches first fund investing purely in onshore China
Through our investment lens, we are able to identify exciting opportunities in the dynamic mid to small cap space
05/08/2018
Seizing the Global HNW Expat Opportunity takes centre stage
According to the company’s latest report, ‘Seizing the Global HNW Expat Opportunity’, 65% of wealth managers target HNW expats.
05/08/2018
Everbright Sun Hung Kai launches new account to compete head-on with private banks
Asset Power Account will allow existing or new customers with assets worth a minimum of HK$8 million (just more than US$1 million) to invest across a range of services
05/08/2018
BNP Paribas targets mainland investors with socially responsible investment fund
QDLP qualification allows foreign asset managers to raise funds from Chinese investors to buy overseas assets such as shares and real estate investment trusts.
05/07/2018
BTFG reports first half earnings growth
Westpac chief executive Brian Hartzer noted that all divisions of the group experienced core earnings growth, which is an improvement on the same period last year.
05/07/2018
Goldman's $1 Billion Bankers Are Benchmark in Asia's Wealth Race
The rising pools of wealth partly reflect the sheer volume of rich individuals being created in Asia, a region that’s home to more millionaires than North America.
05/07/2018
ANZ Scraps Sales Bonuses for Financial Planners as Inquiry Shakes up Sector
Senior ANZ representatives have testified that 5 percent of financial planning product sales were inappropriate
05/07/2018
Urgent need for more holistic approach to wealth management
To help Malaysians understand comprehensive wealth management, its issues and developing opportunities, Harveston Financial Group will be holding the country’s first integrated holistic wealth management conference on June 9
05/04/2018
Family offices take on higher risk profile
UBS yesterday hosted the Asian edition of the UBS Family Office Summit in Singapore
05/04/2018
UBS Becomes First Global Bank to Take Advantage of China Opening
UBS said in a separate statement it aims to raise the stake in its China venture to 51 percent, up from the current 24.99 percent.
05/04/2018
Big Winners From India's Cash Clampdown Are Private Bankers
The recruitment drive at the private banking unit, which started in the early 2000s, moved into high gear last year as India’s rich started shifting investments away from property and gold
05/04/2018
Family offices see potential in asian fashion
A large part of the investment is for ZAM (Zilingo AsiaMall) which is a B2B platform that helps local retailers to purchase from Asian suppliers directly for minimum quantities
05/03/2018
National Australia Bank to sell MLC as another bank flees wealth management
The scandals bubbling up from wealth management and financial advice divisions at the banking royal commission has only hastened the bank's decision to retreat.