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.
Wealth and Asset Management
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
10/30/2015
Family offices well ahead on gender equality
The average family office chief executive is 54 years old, while staff members range from 22 to 84 years old.
10/30/2015
Credit Suisse to boost staff for Asian assault
Credit Suisse’s Asia-Pacific operations will go against the trend of job cuts at rival banks in the region and at its own head office
10/29/2015
Deutsche Bank to cut 9,000 jobs and exit 10 countries in overhaul
In Europe, Deutsche will withdraw from Denmark, Finland, Norway, and Malta. It will also exit from New Zealand.
10/29/2015
NAB injects $300m into wealth arm
Speaking to ifa, NAB executive general manager for wealth advice, Greg Miller, said the $300 million investment will allow the bank to improve efficiencies, especially across its advice network.
10/29/2015
India’s New Angles
A growing population of the uber rich is infusing money into the overall economy
10/27/2015
Baring Asia Completes Deal to Acquire Majority Stake in Vistra Group
“Our partnership with Baring Asia brings a new and exciting chapter for the Vistra Group. With their support, we can continue the success and growth of the firm to the satisfaction of our clients, our employees and our shareholders. We very much lo
10/26/2015
Standard Chartered winding down equity derivatives business
Standard Chartered will phase out the businesses in January after exiting from institutional cash equities, equity research and equity capital markets
10/23/2015
HSBC is mulling moving its headquarters to America rather than Asia
Britain's biggest bank is considering moving its headquarters to the United States, rather than Hong Kong, it has been revealed.
10/22/2015
Swiss private banking group to issue perpetual tier 1 subordinated bonds
Julius Baer Group Ltd. has requested Moody’s to rate the bonds.
10/22/2015
AZ NGA acquires $410m advice firm
AZ Next Generation Advisory has taken a 51% stake in a Sydney advice firm.
10/22/2015
Central banks hold the key to growth or recesssion, say investment managers
Six chief investment officers and strategists are broadly in agreement on the big trends that are likely to dominate over the next 18 months and what it means for their asset allocations.
10/22/2015
The six most boring banking jobs in Hong Kong and Singapore
But taking one of Asian’s more boring finance roles could eventually lead to something better
10/21/2015
Credit Suisse Joins the Queue of Banks Bulking Up in Asia
Bank seeks to more than double Asia-Pacific pretax income by 2018-end
10/20/2015
Singapore HNWI Wealth to Reach US$1.1 Trillion by 2019 Says 2015 Wealth Management Market Report
This report reviews the performance and asset allocations of HNWIs and Ultra HNWIs in Singapore.