09/05/2014
Two Callenders law firm partners will head to Shanghai next month for a major offshore financial conference on wealth and asset management expected to attract some 500 advisors and professionals serving China’s fast-growing population of high net wo
09/05/2014
Sumitomo Mitsui Banking Corp. is seeking about HK$7.4 billion of additional shares in Hong Kong’s Bank of East Asia Ltd. as the Japanese lender seeks to boost profits from outside its home country.
09/04/2014
The State Bank of India is expanding its footprint in Africa, according to its managing director, Krishna Kumar.
09/03/2014
CNBC, First in Business Worldwide, announced a regional sponsorship deal with UOB Private Bank around the network's Managing Asia Succession Planning series.
09/03/2014
Wing Lung Bank, the local arm of China Merchants Bank, aims to become one of the top five wealth managers of high net worth mainlanders offshore within three to five years.
09/03/2014
For the richest Australians, when they're not making money, the question is how to give it away?
09/02/2014
The Australian Securities & Investments Commission alleges that Goldman Sachs caused the price of a stock to climb 95% because of an erroneous trade order.
09/02/2014
Bank Muamalat Malaysia Bhd expects to launch Islamic Private Banking within a year to cater to the growing demand for the service.
09/01/2014
ClearView Wealth in $20m bid for Matrix
It’s about the quality of what we are trying to achieve
09/01/2014
Wealth firm talks up SMSF tax benefits
Business owners currently renting are potentially missing out on millions by not purchasing the premises and placing it in their SMSF to claim associated financial benefits, according to a wealth manager with a strong mainland Chinese presence.
09/01/2014
Funds gaining traction in discretionary portfolios
JP Morgan Private Bank and UBS Wealth Management see increasing use of funds in discretionary portfolios. A house view is also seen as synonymous with use of funds.
09/01/2014
Yellow Brick Road has completed the acquisitions of Vow Financial and Resi Mortgage Corporation, a key milestone in its strategy to become a leader in the ‘non-bank’ sector.
08/31/2014
Wealthy Chinese offer rich pickings
As a result, investment managers are instead looking to the wealth management market, where the brave are breaking new ground in search of market share by selling sophisticated, risk-adjusted products.
08/29/2014
'Pragmatic’ planners moving off high cost platforms
McMahon said she believed the Future of Financial Advice (FOFA) changes had acted as a catalyst in the change of attitude on the part of planners, particularly the greater transparency around fees and charges, including fee disclosure statements.
08/29/2014
A senior and experienced cohort of financial planners, many of them dealing with high net worth clients, are choosing to find cost savings for both their clients and themselves by moving away from expensive platforms
08/29/2014
Asaf Berman, Singapore CEO of Swiss multi-family office Nutrimenta, talks about credit investing and why he thinks private banks are harder to deal with these days.
08/28/2014
EFG Asset Management is hiring staff in Hong Kong and Singapore for its investment and sales teams and aims to enter the retail market in Singapore, said its global chief investment officer.
08/28/2014
Why is Singapore, one of the four Asian Tigers, such a unique regional proposition and power?
08/27/2014
Consumer advocate group CHOICE has called for more stringency around financial advice conflicts of interest, such as asset-based fees, stressing regulation is the gateway to restoring trust in the profession.
08/26/2014
Foreign joint venture partners of Chinese mutual fund companies fear they will have to bail out investors in one of the shadiest patches of China's shadow banking system