Managers of Wealth Asia Pacific

SFC reprimands and fines State Street Global Advisors Asia Limited $4 million over management of Tracker Fund

The SFC also found that SSGA’s internal procedures on the management of the Fund’s cash balances were inadequate.

Former UBS Business Goes Live

Crestone has secured a global network of strategic partners which includes UBS, Commonwealth Bank of Australia, Credit Suisse and Northern Trust

Singapore OCBC's private bank unit exploring China onshore presence

Regional and global banks have been cautious about setting up a local private banking and wealth management presence in China due to regulatory restrictions and the nation's relatively less developed capital market.

Deutsche says to expand into high net worth private banking in Asia

Asia has seen consolidation in the private banking industry as some Western players withdraw to focus on home markets, while smaller players struggle to compete amid higher technology and regulatory costs.

Kasikornbank to offer wealth planning service to Thai families

The bank’s aim is to create a comprehensive wealth management offering for its clients.

Family offices of Alibaba's Jack Ma and Joseph Tsai exploring investments in India

Ma's net worth is estimated at $22.8 billion and Tsai's at $5.5 billion$ 7 billion.

SBI begins work on merger

The team has been formed under the supervision of associate and subsidiaries departm-ent, which is being headed by managing director V.G. Kannan.

India: IFC top contender for IDBI Bank stake; Jack Ma family office eyes startups

The government is open to reducing its stake below 50 per cent, a first in the Indian banking space.

Vontobel Goes After Australia's Wealthy With Ex UBS Banker

Vontobel expands business with private clients in Asia Pacific focus market – wealth management solutions from Vontobel are now also available to wealthy private clients in Australia

Inside The World of China's Ultra Rich

Chelsea Liang, Pam Zhao and Diana Wang are the children of China's elite, and they're stirring envy and anger as they live the high life in Vancouver.

KBank’s wealth planning service targets high net worth families

The family wealth-planning service is the last jigsaw to fulfil the international comprehensive wealth management, he said.

How a 143-Year-Old Swiss Bank Took a Quick Road to Ruin in Asia

That coup in 2009 set off a chain of events that has now thrust BSI into the center of the widening financial scandal involving 1Malaysia Development Bhd.

External asset managers set for growth

When the Association of Independent Asset Managers was founded in 2011, we struggled to find 10 founding members.

Former BT Select practice licensed with GPS Wealth

"Accounting and financial planning are highly complementary"

Client-focused strategies work for Singapore wealth managers

Singapore clients also want fee transparency as presently they are being charged based on transactions, with a smaller proportion on a fixed fee.

Irrevocable trusts offer max benefit for HNI

By doing so, it is possible to defer the income arising to them till the time the trust distributes funds.

As Growth Hits a Speed Bump, Wealth Managers Seek to Adapt

This sixteenth annual study by BCG outlines the evolution of private wealth from both a global and regional perspective, addresses key industry trends, and explores evolving client needs -- particularly those of underserved,

Private banking offers rich pickings for S'pore banks, but it's an expensive business

But it's not an easy business to capture, and gaining market share is very expensive.

Global wealth managers cannot grow without including India

Over half of HNWIs surveyed believe it is important for their financial advisor or wealth manager to have a strong digital offering – a proportion that rises to almost two-thirds among HNWIs under 45 and in Asia, the report said.

Global wealth managers cannot grow without including India

It also highlighted that only a quarter of wealth managers offer digital channels beyond email and what they offer is sharply at odds with what the HNWIs expect.

Wealth and Asset Management