11/17/2015
Significant economic growth in Asia has contributed to a meteoric rise of high net worth individuals in the region and private wealth is also expected to almost double in value reaching USD61 trillion by 2018.
11/16/2015
Although Asia-Pacific family offices achieved higher returns compared with those in North America and emerging markets last year, their investment stra tegies were more cautious, focusing more on preservation and balance approaches than growth ones.
11/16/2015
The average investment return of family offices globally was 6.1% last year. European family offices achieved 6.4% on average in 2014, while those in North America and emerging markets delivered lower gains of 5.8% and 4.9% respectively.
11/13/2015
Nippon Capital Asset Management J-LLC says a review of its recently-announced hiring plans will effectively double headcount
11/12/2015
Lombard Odier in joint venture with Thai bank
Has spun off its private banking business from retail banking as a new business division to increase its flexibility to run wealth management and to cash in on the opportunities in this segment.
11/12/2015
The securities carry a coupon of 5.90% and include an optional redemption call on 18 November 2020 or on 18 November of each year thereafter.
11/12/2015
Fosun International, the Hong Kong-listed investment arm of the conglomerate Fosun Group, owns holiday group Club Mediterranee SA, and has announced 10 takeovers worth a combined $6.4 billion in the past year
11/11/2015
A new breed of wealth management client is forcing change in a traditional industry.
11/11/2015
Wealth-X has identified more than 211,000 ultra high net worth individuals globally – defined as those with US$30 million and above in net assets – and 79% of them own two or more residences.
11/10/2015
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/10/2015
Private bankers have long done extra advisory work for clients – from researching the right school for their children to solving retail transaction problems
11/09/2015
During the two-day conference itself, the BDA booth saw a lot of traffic.
11/09/2015
Noah joins asset managers such as Springs Capital in tapping international appetite among wealthy Chinese clients.
11/09/2015
Banks now better understand their clients' financial motives and interests through reviewing their consuming as well as saving habits.
11/09/2015
UBS was once again named Best Global Private Bank and Best Bank in Asia at the Global Private Banking Awards last week.
11/08/2015
New customer demands, startups striving to take over and the potential in digitalization increasingly arouse their interest as well.
11/08/2015
Admittedly, Mauritius does have a significant Indian diaspora and once had a large textiles industry.
11/08/2015
Barclays to gauge interest in Asia wealth business sale
Barclays said yesterday its global wealth management revenue fell 17% to £227mn $342mn in the third-quarter from a year earlier.
11/08/2015
It recently followed up with a similar cut for private clients and early indications are that the initiative has received a warm welcome.
11/06/2015
Deutsche Bank’s unit has the lowest bad-loan ratio of the five largest foreign banks operating in India, the latest filings to the central bank show