Managers of Wealth Asia Pacific

Wealth management organisation to open Hong Kong branch

Although independent wealth managers are far fewer in Hong Kong than Singapore, they still need a unified voice

YBR launches robo-advice platform

Yellow Brick Road is launching GURU, a robo-advice platform that generates a holistic financial "roadmap."

Private bankers cautious over China onshore strategy

Some large wealth managers feel the time is not ripe to start an onshore private bank in China, despite steps taken by Beijing to open up its financial services industry.

Barclays to sell offshore trust and fiduciary business

Barclays offshore trust business is based in Jersey, Guernsey, the Isle of Man, the Cayman Islands, Singapore and Switzerland.

Wealthy Indians eye investment avenues abroad

Family offices seeking RBI approval to invest in offshore equities, REITs and other hybrid fixed income vehicles

Rothschild quits coal foray

FINANCIER Nat Rothschild has said he will never again invest in Indonesia’s coal industry after selling his stake in Asia Resource Minerals to an Asian bidder.

Coutts looks to add multi-asset funds in Asia

The Singapore-based private banking business sees increasing demand for multi-asset solutions from its Asia clients,and is looking to beef up its product range accordingly.

DBS aims for S$100b in private banking assets in less than 3 years

Singapore's DBS Group Holdings DBSM.SI is aiming for a 40 per cent jump in its private banking assets to $100 billion in less than three years, fueled by the growth of millionaires in the Greater China region and in its home market.

HSBC Investor Update

HSBC is undertaking a significant reshaping of its business portfolio

Credit Suisse’s de Ferrari driven by region's wealth

Credit Suisse’s Asia Pacific private banking head Francesco de Ferrari is looking to bulk up the firm’s assets under management in the region

Swiss Lombard Odier bets on tie-ups to boost Asia growth

Magnenat projected double-digit growth in Asia

China Merchants' explosive private-banking growth sets up global expansion push

Surge in assets under management at wealth operation this year buoys hopes for international expansion targeting Chinese customers abroad

Standard Chartered not exiting South Korea

Standard Chartered Korea has denied rumours that it will pull out of the Korean market

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.

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.

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.

UBS to take Asia wealth management digital

Bank launches innovation centre in Singapore and launches portfolio tracking app for Asia clients

UBS to take Asia wealth management digital

Bank launches innovation centre in Singapore and launches portfolio tracking app for Asia clients

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

Wealth creation: Next decade to be India’s

Urbanisation and explosive growth of middle class will lead to rise in UHNW individuals

Wealth and Asset Management