Managers of Wealth Asia Pacific

Wealth management most fragmented in global finance

Swiss banks ‘best placed’ in industry ripe for consolidation, JPMorgan says

Morgan Stanley Sees China's Tier-2 Cities Driving Wealth Gains

Sees new demand from rich in China’s second-tier cities

Morgan Stanley sees China’s billionaires fuelling its Asia wealth business

In the past, China’s billionaires came mostly from established cities like Beijing, Shanghai and Guangzhou.

Schroders invests in WeInvest

Asset management house Schroders is taking a minority equity stake in Singapore-based digital wealth services outfit WeInvest. Terms of the deal, set to be completed in June, have not been disclosed.

Julius Baer Wealth Report update: Shanghai maintains top spot as most expensive city for luxury wine in Asia; Hong Kong most competitive

The report also examines the increasing sophistication of the Chinese wine consumers, and explores fine wines as an alternative investment.

UBS Rises to JPMorgan's Top Bank Pick in Wealth Management

About 60 percent of UBS’s invested assets come from ultra-high-net-worth individuals.

Offering wealth management into the UK out of Asia after Brexit

Brexit will have significant ramifications for the Financial Services Industry in the UK, and will undoubtedly result in a number of regulatory changes for wealth management businesses involved in cross-border sales to the UK.

Julius Baer reveals record AUM and Asia growth plans

Assets under management at record CHF 401 billion – Robust net new money inflows – Gross margin improvement driven by step-up in client activity – Cost/income ratio (2) inside target range

Japan’s rich targeted in offshore joint venture

BOS hopes the memorandum of understanding will raise its profile among Japanese ultra-high and high net worth individuals.

Chinese banks up the ante to lure millionaire clients from overseas private investment houses

More than 60 per cent of mainlanders with personable investible assets worth in excess of US$1 million now hold those offshore, and 10 per cent of that by value are handled by foreign banks

From Teslas to rust belts: China’s yawning wealth gap

China’s rich-poor divide has narrowed by about half by some measures but there’s still a big difference between life in a top-tier city and the hinterland

StanChart's digitalisation push nets more customers

The bank's wealth management business is growing at a healthy clip, he said in a recent interview.

Japan’s rich targeted in offshore joint venture

SMBC Trust Bank is a wholly owned subsidiary of Sumitomo Mitsui Banking Corporation - Japan’s second largest bank by assets.

ANZ Sells Another Asian Asset

ANZ Royal Bank will be acquired by a Japanese financial holding company, J Trust, ANZ said in a media statement.

Standard Chartered Seeing Results in Digitalisation Move

Singapore is also Standard Chartered's second-biggest market, after Hong Kong.

Singapore's wealth management business dominates Asian competition

According to a report, Singapore and Hong Kong both rank well for competitiveness but have slight weaknesses in ’provider capability’

Addressing the need for a holistic approach to wealth management

It is increasingly important today given that their wealth is now very diverse.

Dozens of advisers go as Macquarie merges its private bank and wealth divisions

The relationships between wealth management divisions and other operations of major banks are one of the areas of focus for the Hayne Royal Commission into banking.

Demand from foreign buyers to surge in next decade, says global head of residential at Knight Frank

“Australia is still seen as a very attractive location but clearly the government are taking a more proactive role in how they try and control property values."

UBS to double headcount in India: CFO

UBS already has two captive centres in Mumbai and Pune.

Wealth and Asset Management