04/30/2018
Invesco's Asia quarterly AUM up 1.7%, net inflow from region highest in over a year
Invesco recorded net outflows of $1.7 billion and $1.4 billion, respectively, from its US and UK divisions.
Wealth and Asset Management
04/30/2018
Small players win in Benchmark Private Wealth Awards
Inaugural awards organised by WealthAsia Media honours best practices in the wealth management industry
04/29/2018
Philanthropic assets can grow by half if Hong Kong relaxes taxation cap
Hong Kong’s relatively relaxed legal requirements for charitable organisations is one major draw to being the best city in the region to establish such structures
04/27/2018
A game of catch-up: the drive to evolve wealth management in the Philippines
The consensus is that the growth potential is as vast as are the challenges facing the industry.
04/27/2018
Westpac chief Brian Hartzer not giving up on wealth management
If you really want to do the right thing by customers we have to find a way to crack sustainable financial advice
04/26/2018
Bank Mandiri looks to wealth management for revenue growth
The partnership with Lombard Odier, a Swiss bank, will enable publicly listed Mandiri to improve its wealth management unit
04/26/2018
Vistra doubles international expansion services business with acquisition of US-market leader Radius
Following the acquisition, Vistra will have a global IES team of 1,300 employees and a support network of over 3,300 staff, operating in over 70 offices and 40 jurisdictions.
04/26/2018
Pictet launches Asian Corporate Bonds fund
Launched on 18 April
04/25/2018
International Financial Centres – are they still relevant and viable today?
The dozen wealth professionals attending the roundtable discussion in Hong Kong’s China Club represented a variety of global private and investment banks, law firms and independent advisory firms.
04/25/2018
WA’s richest add more wealth to their pile
Despite Andrew Forrest paying the price for concerns about lower grade iron from his Fortescue Metals Group, eight of the 10 biggest winners to 2018 have connections to mining.
04/25/2018
Citi's conflict-free model for private banking
Coming out the GFC, Citi made a decision to change the focus and underlying strategy of its global private bank.
04/25/2018
Credit Suisse claims strong Asia-Pacific M&A pipeline after reporting record quarterly wealth management and advisory revenues
Credit Suisse claims strong Asia-Pacific M&A pipeline after reporting record quarterly wealth management and advisory revenues
04/23/2018
Advent-backed ASK Group is working on a $250 million IPO
ASK Group has appointed JM Financial to work on the $200-250 million IPO, the final size of which will depend on the quantum of stake Advent International decides to sell
04/23/2018
Spadework in China pays off as top five asset managers pull ahead
Z-Ben executive says anyone resting on laurels will be overtaken quickly
04/23/2018
Lombard Odier and Bank Mandiri to offer onshore private bank services
Lombard Odier said it has inked a strategic agreement with state-controlled Bank Mandiri
04/23/2018
ANZ's wealth sale driven by compliance breaches
A business risk and compliance committee identified in late 2013 that ANZ's financial planners were failing to provide advice that was in the best interests of clients.
04/23/2018
Chinese migrants snub Australia's $5m 'golden ticket' visas
Productivity Commission report says the scheme is prone to rorting and should be scrapped
04/21/2018
This Family Was Amongst the First to Bring Family Offices in India
Patni brothers restructured the company to become the holding company for investment as well as to manage the personal wealth of the family businesses in 2012.
04/20/2018
Private Bank Expands in Singapore
The move also comes as VP enlists the help of former Julius Baer Asia banker Tom Meier to help bolster its business in Asia.
04/19/2018
Credit Suisse Expands Asian Imprint
The move comes as Switzerland's second-largest bank obtained regulatory approval from Philippine financial regulators.