07/31/2017
Crestone is the ‘realisation of a dream’, says CEO Mike Chisholm
Most people don't ever get the opportunity to create something new.
Wealth and Asset Management
07/31/2017
Sovereign funds drive up allocations to hedge funds in Asia Pacific
Asia-Pacific continues to grow in regards to both the number of investors actively investing in hedge funds as well as the size of their portfolios.
07/31/2017
Netwealth fronts fundies on path to listing
The non-deal roadshow comes as Netwealth's shareholders push for an ASX-listing later this year.
07/28/2017
China's luxury CPI up 82% in 10 years, says Hurun report
The LCPI report attributed more expensive luxury houses and imports to the depreciation of yuan, as many foreign currencies became stronger, with exchange rate of US dollar against renminbi up 3.6 percent year-on-year as of June 9.
07/28/2017
UBS Asset Hiring in China Amid Race for Private Funds Share
The stakes are high as foreign funds race to gain a foothold in China’s burgeoning fund management industry.
07/27/2017
Barclays Acquisition Boosts OCBC
Oversea-Chinese Banking Corporation's private banking business continued to achieve strong growth.
07/27/2017
I started in the middle-office. Now I help run JPM’s private bank in Singapore
A more significant step-up happened in late 2003 when he got his first front-office position as a junior investment analyst on the Latin American desk in Geneva.
07/27/2017
Top performance report marked first anniversary of CreditEase Wealth Management Toumi RA
The assets under management of Toumi RA increased by 33.6% monthly, compared with 6% of Betterment and 3% of Wealthfront, and the reinvestment rate reached 52.2% with an expansion by 268%.
07/27/2017
OCBC beats forecasts with 22% jump in Q2 profit to $1.08b
Its net profit after tax for the first half of 2017 grew 18 per cent to S$2.06 billion from S$1.74 billion a year ago.
07/26/2017
DBS, BOS shift to fast gear as private banks power ahead in Asia
Private banks are hiring, and clocking higher incomes and double-digit gains in AUM, with Asia being where the wealth creation is now
07/26/2017
Private banks in Asia having a good year
There's more of everything - more income, new hires and higher assets under management.
07/26/2017
Giving for a lasting impact across generations
But without a focus on replication and scaling-up towards sustainability, the donor may not leave a lasting impact and legacy.
07/26/2017
EFG sees BSI business stabilising after fresh H1 outflows
Assets under management end-H1 138.4 bln Sfr, down 4 pct
07/25/2017
Atlantic Pacific Securities rebrands for wealth focus
The group said it strives to build an integrated and diversified offering, with the rebrand driving synergy across operations.
07/24/2017
Billionaire-Backed Mason Plans Acquisitions for Wealth Unit
We are building a financial platform to tap into the global asset-allocation business.
07/24/2017
Hiring Pays For Julius Baer in Asia
Julius Baer believes through its Asian network it can take advantage of the region’s continued growth in investable assets.
07/21/2017
Alex Fung: «Looking to Hire Selectively»
The former investment banker turned wealth manager sat down with finews.asia and finews.asia-TV in Zurich to discuss his recruiting plans, salary packages for Asia private bankers, and mergers and acquisitions.
07/20/2017
How wealth managers cater to India’s newly-rich tech entrepreneurs
Culture and myth in its investigation
07/20/2017
VP Bank plans to double headcount in Singapore
Intermediaries include family offices, external asset managers and lawyers.
07/19/2017
Alex Fung: Our Secret? We're Lean and Mean
The Swiss bank's approach is to book all assets in Zurich.