08/22/2016
Wealth managers to see hit on back of multiple market changes
Wealth managers can improve profitability by focussing on reducing costs and better managing clients.
Wealth and Asset Management
08/22/2016
New Euroz linked fund eyes $500m
To fill out its new absolute return fund
08/22/2016
Northern Trust wins two NZ Super mandates
Will distribute funds Northern Trust already invests
08/19/2016
Product subsidies stop financial advisers being viewed as professionals
Volume rebates are typically paid by fund managers to advisers who place large sums of client money into their products.
08/19/2016
Why HSBC Private Bank Is Bullish on Chinese Stocks
The head of investment strategy for Asia sees significant outperformance for new economy stocks over SOEs.
08/18/2016
Union Bank teams up with Lombard Odier on wealth management
The deal is in line with UnionBank’s plan to offer a more customized wealth management.
08/18/2016
Bank Alfalah, Careem sign agreement
The agreement will prove instrumental in strengthening and accelerating the pace of safe and hassle-free digital payments in the country.
08/18/2016
Chinese wealth manager Noah sets up Jersey trust firm
A weakening yuan is increasingly pushing wealthy Chinese to try and move their investments abroad in spite of the country's strict capital control regime.
08/18/2016
Northern Trust Establishes Securities Lending and Foreign Exchange Services in Australia
Expansion of Capital Markets Business Supports Growth
08/18/2016
AMP grows net profit but underlying earnings shrink
Australian wealth protection – which includes life insurance and income protection products - saw earnings more than halved to $47 million.
08/18/2016
Ex-BSI Asia CEO Brunner Settles Singapore Bonus Suit With Bank
He’s also one of two former BSI executives the Swiss financial regulator has started proceedings against.
08/16/2016
$11 Trillion Muslim Wealth Mountain Calls to Asian Fund Managers
While demand for investments that comply with the Koran’s tenets is rising, about $9.5 trillion of Islamic wealth still remains outside the Shariah finance industry, Malaysia International Islamic Financial Centre estimated in February.
08/16/2016
Swiss Private Banking: Desperately Looking for Growth
Remains the option to grow at all cost to achieve the economies of scale.
08/15/2016
Of nude selfies as collateral, and S'pore's 'trust' advantage
Whether it's healthcare, education or communications - really, any aspect of our lives - the possibilities are endless.
08/15/2016
HK’s CMBC invests in Asia wealth management biz of Carret Investments
The shares of which are listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange.
08/15/2016
OCBC Bank to pilot wealth management and AI solutions by startups
The second wealth management tool, BondIT, will enable Bank of Singapore's relationship managers to better service customers with investment portfolios focused on bonds.
08/15/2016
Gone in 60 seconds wealth management customers demand speedy web apps
It then helps to reduce troubleshooting time because it knows where the weak link is.
08/15/2016
Rich Chinese shift focus from investment to health care
They exercised 16 times on average each month – up from 14 times last year, with running still the favourite form of exercise, followed by swimming, yoga, walking and golf.
08/15/2016
Ignition Wealth launches financial wellness profile
Ignition Wealth used a Class Super conference to launch the technology
08/14/2016
Falcon private bank linked to Malaysia scandal
Authorities are now looking more closely at Falcon — a small Zurich-based manager for wealthy clients acquired in 2009 by an Abu Dhabi sovereign wealth fund — and its ties to Malaysian Prime Minister Najib Razak, people familiar with the matte