06/05/2015
Standard Chartered not exiting South Korea
Standard Chartered Korea has denied rumours that it will pull out of the Korean market
Wealth and Asset Management
06/05/2015
Indian Millionaire Gives Up His Fortune to Become a Humble Monk
Indian businessman Bhanwarlal Raghunath Doshi made headlines last weekend for publicly renouncing his wealth to become a monk.
06/04/2015
BNY Mellon confirms "difficult" withdrawal from SMA
The firm admitted the market for its separately managed accounts business was slower than it expected, even as one Malaysian private bank announced the launch of the platform.
06/03/2015
BNY Mellon IM shuts SMA platform, lays off staff
The firm has shelved its separately managed account unit for wealthy people in Asia and let up to 50 staff go in Hong Kong and Singapore, AsianInvestor understands.
06/03/2015
UBS to take Asia wealth management digital
Bank launches innovation centre in Singapore and launches portfolio tracking app for Asia clients
06/03/2015
UBS to take Asia wealth management digital
Bank launches innovation centre in Singapore and launches portfolio tracking app for Asia clients
06/03/2015
Many Asian Single-Family Offices Will Likely Become High Functioning
The explosion in private wealth in Asia is fostering the growth of single-family offices. This, combined with the “best practices” of single-family offices throughout the world, will result in many Asian single-family offices becoming high fun
06/03/2015
Wealth creation: Next decade to be India’s
Urbanisation and explosive growth of middle class will lead to rise in UHNW individuals
06/02/2015
UBS Readies New Ad Campaign
The company will spend the next few months introducing the campaign to its employees before launching it externally.
06/01/2015
Villa Del Mare: Lola Wang Li and the secretive web of Chinese wealth
The Treasurer wanted to demonstrate that he was serious about stopping foreigners from evading ownership restrictions and inflating the bubbling market.
06/01/2015
Family office fintech solutions on the rise: IRESS
Family offices are increasing demand for a technology solution that blends trading and back office management
06/01/2015
Boutique advisory brings new portfolio service to IFA market
DFS Portfolio Solutions, a subsidiary of independently-owned licensee DFS Advisory Services, was established in 2009 after the Global Financial Crisis exposed that the portfolio risk in the majority of superannuation and investment funds substantially exc
06/01/2015
Diversity is key as Jersey firms explore opportunities in China at inaugural Forum
An increasingly diverse range of Jersey firms spanning tourism, hospitality and financial services are exploring opportunities to grow business links with China, courtesy of a special event held in London recently that was initiated by the Chinese Ambassa
06/01/2015
New StanChart boss faces cash call, dividend squeeze
Standard Chartered's incoming Chief Executive Bill Winters is expected to raise capital and cut the bank's dividend later this year
06/01/2015
Private banks seen as hindering Asia multi-asset funds
The chief executive of Principal Global Investors says private banks are preventing the uptake of multi-asset funds, and believes Asia needs to change its pension structures to facilitate change.
05/29/2015
China’s Lonking Holdings diversifies investment into asset and wealth products
Lonking Holdings, which manufactures construction machinery & logistic equipment in China, announced on Friday it is investing 1 billion yuan in asset and wealth management products
05/29/2015
China’s Lonking Holdings diversifies investment into asset and wealth products
The company’s subsidiary, Lonking Shanghai Machinery, deposited 200 million yuan as entrusted assets in Shanghai AEGON Rui Zhong Asset Management on Thursday, May 28
05/29/2015
Deutsche Bank Plans to Boost Asia Asset, Wealth Staff Up to 10%
The firm may target clients in Asia with assets of between $5 million and $20 million when a digital banking platform is ready, Raju said.
05/29/2015
Billionaires: Master architects of great wealth and lasting legacies
Notably, we believe this period of extraordinary wealth generation may soon decelerate.
05/28/2015
East Capital gets asset management licence in Hong Kong
East Capital has been granted a licence by Hong Kong’s chief regulator to market its products in the city.