12/14/2023
Credit Suisse Scraps Wealth Business in China
UBS currently holds one such license and it has not yet merged with Credit Suisse’s Chinese entities.
Wealth and Asset Management
12/14/2023
NAB and Jarden Wealth to launch New Zealand wealth & asset management business
Under the Proposed Transaction, NAB and Jarden Wealth will each receive a cash payment along with a retained shareholding of 45% and 20% respectively.
12/14/2023
Asian riches push private bankers to up their game
Region is projected to overtake the US for financial wealth by 2025
12/13/2023
Hywin International CEO Discusses the Path to Greater International Expansion 2024
The conversation then turned to Hywin’s priorities for the coming year.
12/13/2023
Asia-Pacific Family Offices Thrive Amid Market Challenges: Insights from The Asia-Pacific Family Office Report 2023
The total wealth of the surveyed Asia-Pacific families was estimated at US$68 billion, with a combined AUM of US$41 billion.
12/12/2023
Hong Kong Multi-Family Office Acquires AI Firm
The purpose of the acquisition is to further develop an AI-based family office system called «DL-GPT» which was rolled out in mid-November.
12/12/2023
More than half of Apac family offices report asset growth despite challenges: study
Of the 330, 76 of these family offices – nearly a quarter of the sample or 23 per cent – were in Apac.
12/11/2023
Nomura announces asset management tie-up with OCBC
It is the first such collaboration between the two and has been driven by the resurgence of the Japanese economy
12/11/2023
Macquarie private bankers pop up at rival
Shaws has been on a tear this year, picking off almost 20 Morgan Stanley Wealth Management Australia advisers last month who together oversee some $3 billion in total assets.
12/11/2023
Family offices are the first step to tap onshore Chinese wealth
Currently, UBP’s family office business in China mainly serves local clients in areas such as asset management, wealth management, and professional governance through workshops and partnership opportunities.
12/08/2023
Broadridge: JPMAM Widens China Lead via Branding
Amid an integration with Credit Suisse, UBS Global Asset Management maintained its ranking in the third spot as a drop in its branding score was offset by other positive developments, such as higher assets under management in China.
12/07/2023
SCB Julius Baer Celebrates the Success of its Inaugural ‘The 45 Academia Programme’
This strategic alliance aims to bring global wealth management expertise to Thailand, offering a unique blend of financial services curated specifically for the kingdom’s high net worth individuals.
12/06/2023
Endowus Partners with Brookfield Oaktree Wealth Solutions to Broaden Investors' Access to Private Credit
The strategy applies a flexible and “all-weather” approach across the private and public debt spectrum, allowing for dynamic allocation in response to changing market conditions.
12/06/2023
Perpetual to Launch Strategic Review of Corporate Trust, Wealth Management Businesses
Perpetual said the strategic review will also consider the benefits of a more focused Asset Management business.
12/05/2023
Wealth Managers slash Asia fund exposure
The level of exposure peaked in May 2022 at 5.6 per cent.
12/05/2023
OCBC, Nomura Ink Asset Management Tie-Up
The MOU marks LGI’s first collaboration with a Japanese-owned asset management company.
12/05/2023
Integro Private Wealth eyes eastern seaboard expansion
Integro’s growth strategy includes its appointment of Adam Pontague as a private wealth adviser to bolster its current team of 30 staff.
12/04/2023
Iqbal Khan: One Asian Client Adds $400 Million After Takeover
Following the takeover of Credit Suisse, UBS Global Wealth Management (GWM) is aiming to attract $150 billion annually in net new money.
12/01/2023
J.P. Morgan Private Bank: global family office ecosystem puts it in prime position to meet the needs of UHNW clients
Hong Kong has the highest ultra-high-net-worth (UHNW) population in the world, with more than 15,200 individuals, Altrata’s “World Ultra Wealth Report 2022” shows.
12/01/2023
Leading MFO CEO Highlights the Huge Family Office Growth Potential in Hong Kong and Across Asia
It has much to focus the spotlight on – from a deep and mature financial sector, liquid capital markets, and a broad, well-established ecosystem of professional and fiduciary services.