12/31/2015
Swiss private bank acquires stake in Chinese wealth manager
Swiss private bank and Sina take part in private placement
Wealth and Asset Management
12/29/2015
Asia's Wealthiest Investors Advised to Prepare for Dollar Rally's End in 2016
Money managers for Asia’s wealthiest families say they’ll be looking elsewhere for returns after chasing the U.S. dollar’s gains in the past three years.
12/29/2015
Fair trade regulator CCI clears RBS India-Sanctum Wealth deal
Sanctum Wealth is a firm led by Shiv Gupta, who heads RBS' private banking operations in India.
12/29/2015
Billionaire Cheng Yu-tung Transfers Shares to Family Holding
Transfers personal holdings in 6 Hong Kong-listed companies
12/29/2015
Aberdeen Asia loses senior manager as it tackles underperformance
It’s partly down to him that the investment disciplines we uphold are well understood and practised across our team.
12/29/2015
Citibank opens high-tech wealth management center
The bank also expanded its asset management system by launching a new service called Citi Priority, targeting newly affluent people.
12/29/2015
When good help — on a private plane or a 20,000 square-foot estate — is hard to find
Now that her clients have grown up, she’s staffing their yachts, their private planes and their summer mansions in Malibu.
12/27/2015
Deploying capital almost like a hedge fund: The silent revolution in Asian private banking
The Opalesque 2015 Singapore Roundtable was sponsored by Eurex and took place end of 2015 in the Deutsche Boerse office in Singapore with:
12/27/2015
Too much caution holds back KB expansion
While putting a bigger focus on wealth management and corporate and investment banking as future growth drivers.
12/24/2015
Tushar Pradhan, Chief Investment Officer, HSBC Global Asset Management
“An optimal mix of assets can provide a smooth investment return over the interim; however, more intrepid investors are likely to garner attractive returns if they venture to sail in the equity markets.”
12/21/2015
Startups Have Become Asset Class for Wealth Managers
Many private wealth management firms are also approaching wealthy clients as a product mix in the asset allocation portfolio.
12/20/2015
Alpha Capital wins Prestigious Asian Wealth Advisor Manager of the Year Award
Citywealth’s “The Magic Circle Awards” recognize the best advisors & Managers in the Global Financial Sector
12/20/2015
HSBC appoints Rothschild for restructuring of private banking arm
The move to reduce the private bank comes after Stuart Gulliver, chief executive of HSBC, unveiled plans in the summer to help simplify the global group and focus on core markets, including Asia.
12/18/2015
DBS Group Holdings, Julius Baer likely bidders for Barclays Asia wealth unit: Sources
DBS sees wealth management as a core growth business and is keen to expand in that area, having bought Societe Generale's Asian private bank for $220 million last year.
12/18/2015
Fosun chairman Guo Guangchang visits US after China probe
Two people with knowledge of his plans said he was already in New York on the first leg of a business trip.
12/15/2015
More high net worth individuals looking to invest in private equity
With this in mind, DBS has launched its PE Access programme, targeted at clients with a net worth of at least S$50 million and looking at deals with a minimum size of S$5 million.
12/15/2015
OCBC’s wealth management business sizzles as loan growth fizzles out
“OCBC differentiates itself from peers when looking at its noninterest income composition."
12/15/2015
Major Japanese acquisition is vote of confidence in Jersey’s alternative fund servicing strengths
The recent acquisition of UBS Asset Management's Alternative Fund Services business by MUFG Investor Services underlines Jersey’s enduring strengths as a centre for global alternative funds business, according to Jersey Finance CEO Geoff Cook.
12/15/2015
More wealthy Asians turn to philanthropy - but on the quiet
Many established private banks have dedicated units to advise their wealth management clients on matters related to philanthropy.
12/14/2015
At Nippon Wealth, Japanese expats take on Hong Kong
Nippon Wealth's office in Tsim Sha Tsui, Kowloon, offers a million-dollar view of Hong Kong Island's famed skyscrapers. But CEO Tsutomu Nakajima has no time to enjoy the scenery.