Managers of Wealth Asia Pacific

Aberdeen ties up with BMO for first sub-advisory mandate in Asia

BMO, in turn, benefits from Aberdeen’s asset class expertise, while retaining full discretion over its client portfolios.

BoC manages 810b yuan private wealth

Bank of China Limited (3988) reported today that it manages more than 810 billion yuan in financial assets on behalf of wealthy customers.

Billionaires in Southeast Asia Get Richer as Peers Falter: Chart

Philippine tycoon Henry Sy, whose investments run from shopping malls to banks to construction, added the most wealth, while elsewhere in Asia, his peers have lost $31.3 billion amid a persistent slowdown in China.

NH-CA Asset Management to enhance overseas fund sales

To manage bigger assets, Han almost doubled the number of employees to 47 from 25 in just one year and created seven more teams including alternative investment division and research.

Wealth Management Product Assets in China Surpassed RMB20 Trillion in 2015

Mutual fund AUM also surges during the year, crossing RMB8 trillion

Fake ‘Rothschild’ who lived the high-life in China exposed

Wentworth owners Reignwood and the president of China’s top university were among those fooled by a man with a “charming British accent” and a surname worth its weight in gold

HSBC tightens requirements for new bank accounts.

Businesses need banks, but Hong Kong over the past few years has become one of the hardest places in the world to open a bank account and it’s about to get worse.

A ‘Vantage’ point to manage wealth

The platform has signed up with many marquee clients in Mumbai and Pune.

Crestone delayed again

It’s the third time the Swiss bank has been forced to tweak the exit schedule.

Citi's big bet on Asian cities

Thailand has a leadership role to play in the AEC, and is an important market for us in Asean, attracting significant investment and trade flows from our global clients.

Here’s why wealth management is all the rage for Singapore’s banks

Especially in a time of loan growth turmoil.

New regulation redefining HNW investors to hit private banks, HNW intermediaries

This deals with how licensed and registered persons deal with professional investors

Warmond acquires Julius Baer’s private wealth management biz

Warmond had launched the pioneering online will-writing called EzeeWill in collaboration with NSDL in late 2014, setting a new trend in the segment.

Credit Suisse to invest over $1b in Asia-Pacific over next 3 years

This comes at a time when most other banks are downsizing their investment banks.

Despite Crackdown by Beijing, Chinese Wealth Keeps Flowing Abroad

Although concern over China's financial system remains a powerful market narrative, there are many reasons Chinese companies and individuals might choose to cash out.

DBS seen as frontrunner for Barclays' HK, Singapore wealth units

Singapore's banks have been expanding in wealth management, picking up assets sold by some Western banks as they retreat to focus on their own markets.

New World Development Wins Go-Ahead to Take Chinese Unit Private

New World Development is seeking to streamline operations four years after 90-year-old Cheng announced his retirement from the main business.

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

Wealth and Asset Management