Managers of Wealth Asia Pacific

China agribusiness tycoon ventures into mobile banking

China’s banks have traditionally preferred to lend to large state-owned businesses, but some economists say the problem has become worse in recent years.

Hong Kong's richest man Li Ka-shing shows off his $500 solar-powered wristwatch

The tycoon, referred to as "superman" by Hong Kongers for his illustrious business career, came under fire from state media last year after selling up some of his holdings on the mainland.

Money in Swiss banks: India slips to 75th position

The country was ranked highest, at the 37th place, in 2004.

Mesoblast moves to tap private wealth funds

This trial, a phase 3 trial, is due to run until the end of 2017, costing as much as $US40 million.

Asset manager launches quant platform after acquisition

In combination with GAM's global distribution reach, I am convinced that this business is well positioned for significant growth.

Udit Gambhir, Managing Director of Cim Global Business for Singapore, discusses strategies for South East Asia with Finews.Asia.

Cim Global Business has over 23 years of experience in fund, corporate and trust formation and administration.

Private banks urge wealthy Asians to shun risk, favour credit

Private banks are also urging investors away from UK property, with UBS Group AG predicting pressure in the real estate market, especially in London, as banks move to other locations in Europe.

Singapore’s Millionaires Humbled in Local Bond Restructurings

PT Trikomsel Oke became the first company to default on Singapore dollar debt since 2009 when it failed to repay a bond coupon in November last year, followed shortly afterwards by Pacific Andes Resources Development Ltd.

Praemium’s V-Wrap chosen by JBWere

The use of V-Wrap represented a shift from JBWere's use of an internal system and followed a comprehensive assessment process on the part of the company.

Credit Suisse brings digital private banking to Hong Kong

High net worth individuals increasingly expect to use new technology when it comes to managing their portfolios, survey finds

Sterling's fall to tempt big spenders to London

Solca expects listed luxury giants Burberry and Mulberry to be among those to benefit.

DBS Indonesia to boost wealth management services

He further explained that DBS Indonesia was eyeing a 30 percent growth in its priority customers this year.

Wealthy mainland Chinese eye bargain homes in UK as Brexit delivers ‘10 per cent discount’

While some investors are keen to buy at lower prices brought about by a weaker pound, experts warn that market uncertainties increase short term risk

After Brexit, Bex’s it: David Beckham back in Hong Kong

Avoiding questions about the fallout from his country’s shock Brexit vote, the 41-year-old said he was happy to be back in Hong Kong.

The new philanthropists in town: $50m fund for 'the overlooked, unloved, underdog causes'

He has donated $50 million to the endowment fund of his Silent Foundation, which he set up in 2010.

Swiss bank ramping up wealth business in Asia

Demand for wealth management services is growing in Asia with the rise of the upper class.

Brexit reopens HSBC and Standard Chartered relocation debate.

Given that investors are dumping HSBC and Standard Chartered shares due to the impending Brexit, the banks’ boards will have to consider alternative strategies as a result.

JBWere to reduce adviser commissions

This will be funded from a percentage of profits.

Opportunity for debt structuring through Mauritius

Following the above amendment, debt structuring through Mauritius is likely to become an attractive proposition for foreign investors seeking to invest in India.

Vistra News Bulletin - June 2016

We also look at the new tax treaties which three of our jurisdictions, Mauritius, Cyprus, and India, have been involved in.

Wealth and Asset Management