11/09/2015
UBS named Best Global Private Bank again in magazine awards
UBS was once again named Best Global Private Bank and Best Bank in Asia at the Global Private Banking Awards last week.
Wealth and Asset Management
11/08/2015
They stake everything if the bankers of the rich do not take action in time
New customer demands, startups striving to take over and the potential in digitalization increasingly arouse their interest as well.
11/08/2015
The double Mauritius
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
Nippon Capital Asset Management to Increase Headcount
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
Why Deutsche Bank’s little jewel in India was spared the axe
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
11/06/2015
Old Mutual International wins at the Hong Kong Insurance Awards
Old Mutual International, the cross-border business of Old Mutual Wealth, won the Most Innovative Product/Service award for the Wealth Management Plan at the recent Hong Kong Insurance Awards.
11/06/2015
Standard Chartered thought likely to be a takeover target
With the level of capital that the bank has, footprint to boot and the opportunities in scale, the bank is definitely a target now
11/06/2015
Mirae Asset Securities to offer wealth management services
For such a restructuring, it has recruited experts in wealth management and investment consulting from the local talent pool and plans to additionally take on new hires.
11/06/2015
CBA integrates ESGs into wealth management
The new framework covers the bank's wealth management division
11/06/2015
S'pore operations still play key role in StanChart's future
The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore.
11/05/2015
Labuan IBFC: Asia's wealth management sector needs to embrace techology
The demand from and the sophistication of Asia-Pacific's rich and ultra-rich are compelling the wealth management industry to change or realign business models, increase the use of technology, and offer innovative solutions
11/05/2015
UBS sets up US$100m outbound investment shop in Shanghai
UBS is following other fund managers including BlackRock Inc , Och-Ziff Capital Management Group LLC and Man Group PLC, all of which are using their access through the QDLP programme to tap high net-worth Chinese individuals and institutional investors fo
11/05/2015
CBA embeds ESG into investment, wealth management
The new framework covers CBA-owned businesses Colonial First State Global Asset Management, Colonial First State, Wealth Management Advice and CommInsure.
11/03/2015
Manulife Private Wealth opens Hong Kong Office
As part of the Manulife Private Wealth offering in Hong Kong, a representative office of Manulife Bank of Canada is being launched at the same time.
11/03/2015
Asian managers add money into own hedge funds
Investors pulled almost US$2bill from Asia- focused hedge funds in the quarter ended September
11/02/2015
This chart shows Macquarie's shift from investment bank to asset manager
There is plenty of talk about Macquarie transition from investment banking powerhouse towards annuity-style asset manager.
11/02/2015
Mirae Asset and Daiwa Asset Management Launches Mirae Asset Next Asia Pacific Equity Fund
Daiwa Asset Management and Mirae Asset Global Investments aim to launch the Fund in a wide range of markets
10/30/2015
ANZ cutting back on trade finance in Asia as profit growth slows
Net loans at its international and institutional banking businesses fell by 1 percent in the six months ended Sept. 30
10/30/2015
China Banks Enter Eye of Storm Adding Risky Debt to Wealth Funds
Banks are piling into riskier debt despite warnings of a leverage-fueled bubble from local brokerages