Managers of Wealth Asia Pacific

UBS WM reports Asia income growth

UBS Wealth Management, part of Swiss bank UBS, said income from its Asian operations rose in 2015 while other regions were down.

Conflicts in spotlight at wealth giants

Big wealth managers face pressure to put more weight on staff behaviour when setting their pay, after the corporate watchdog found many are not properly managing conflicts between their financial interests and those of customers. An Australian Securities

Credit Suisse looks past short term volatility to plot expansion plans for Qianhai, Asia Pacific

Despite slowing economies in China and rest of Asia, Swiss lender continues hiring to support expansion of private and investment banking across the region

UBS Bank China to Focus on New Family Needs as it Opens Branch in Shanghai

It was noted that in the past, families were more concerned of growing their wealth, but this notion changed during the past few years.

Deutsche Asset Management emerges as office heavyweight

The German bank’s asset and wealth management arm has also been buying in Brisbane, last month snapping up F.A. Pidgeon & Son’s tower at 313 Adelaide Street for $125m.

Private bankers out to lure wealthy expats

Squeezed by narrowing interest margins accompanying an all-time low benchmark interest rate, Korean lenders are expanding their expat services to those stretching beyond remittance or foreign exchange.

New wealth reshaping product delivery in India

This combination of structuring and innovation has led to growth in the take-up of AIFs in recent years among India’s wealthy.

Japan's regional banks team up in asset management

The Development Bank of Japan and Tokai Tokyo Financial Holdings will invest in the project.

China banks face credit risks from ties to wealth management products

The industry publishes aggregated data on where WMPs tend to invest, but the disclosures of individual products can be vague.

Julius Baer pulls out of bid for Barclays Asia private bank

The Swiss pure play had reportedly submitted nonbinding bids for the UK private bank in Asia, with Julius Baer group CEO Boris Collardi

13 ways to successfully schmooze Chinese clients

As private banks step up their efforts to win offshore business from wealthy people in China, how can you stand out from the competition and keep your clients happy?

Credit Suisse sees trading boost from year-old digital platform

Some of our clients who usually place trades via their relationship managers are now trading global equities directly on the digital platform anytime at their convenience.

IOOF WealthBuilder options get highest Lonsec ratings

In addition to the five 'Highly Recommended' ratings, Lonsec also rated 10 of IOOF WealthBuilder's investment options 'Recommended'.

China Offers Double-Digit Growth Opportunity to UBS’s Zeltner

UBS’s expansion in China comes at a difficult time for its wealth-management business, the firm’s largest unit, which posted a 47 percent slump in pretax profit in the fourth quarter.

Old Mutual Wealth acquires Singapore advisory business

Been working with AAM since 2009

Reliance Capital eyes India assets of JP Morgan AMC

Talks for JP Morgan’s Rs7,501-crore portfolio are in early stages, but Reliance Group has made the highest bid so far

Maybank Again Voted 'Best Private Banking Services In Malaysia'

He added the recognition reinforced Maybank's position as Malaysia's leading wealth management provider in terms of service and product offerings.

Fitch warns on China’s wealth management products

The sharp increase in wealth management products to $3.6trn raises credit and liquidity risks at Chinese banks, the ratings firm said.

NAB: No one has got private banking right in Australia

“No one has really got private banking right in Australia,” said Justin Greiner, chief executive of JBWere, the venerable 175-year-old broking house owned by NAB.

NAB Private drops wealth advice to focus on banking

This comes two months after NAB snapped up the remaining 20 per cent stake in wealth group JBWere, in a deal understood to cost about $20 million.

Wealth and Asset Management