04/01/2014
European asset management heavyweight subsidiary acquires Fund Management fixed income business
The Kuala Lumpur-based subsidiary of the European asset management heavyweight, acquired the fixed income business of Fund Management, also of Kuala Lumpur
04/01/2014
The Chinese government has granted Nordea Qualified Foreign Institutional Investor status, allowing it to trade directly in China's A-Share market through stock exchanges in Shenzen and Shanghai.
04/01/2014
The investment was done by injecting about €98.5 million ($135.7 million)
03/31/2014
India’s ultra-rich hire pros to manage personal wealth
As new millionaires emerge every year, a family office is becoming the norm rather than the exception, according to wealth management experts.
03/31/2014
Westpac leads on wealth cross-sell
Westpac leads the other big four banks when it comes to cross selling wealth management products
03/28/2014
AMP restructures sales teams, appoints new head
AMP has revamped its strategic marketing and sales division, bringing together its wealth management and insurance sales teams.
03/28/2014
Top 10 wealth management mistakes
The essence of wealth management, as most managers would tell you, is distinct from portfolio management
03/28/2014
SINGAPORE: Emergence of affluent class as banks target young professionals
Most lenders, which offer priority banking services, benchmark S$200,000 as the minimum balance requirement to target the high net-worth market.
03/27/2014
Bank of Ayudhya's strategy for its wealth-management unit will focus on managing the cost of funds and providing investment options reinforcing wealth to middle-income and wealthy customers during these times of economic frailty.
03/27/2014
Bank of Ayudhya (BAY) plans to target the growing number of wealthy upcountry residents in a bid to add 3,000 to 5,000 wealth management clients this year.
03/26/2014
Swiss private bank EFG has been awarded a wholesale banking licence in Singapore, allowing it to accept Singapore dollar (SGD) deposits.
03/26/2014
Australian venture capital firm, OneVentures has launched the OneVentures Innovation and Growth Fund II, seeking to raise $100 million from institutional investors and high net worth individuals over the next 12 months.
03/26/2014
Patni brothers to strengthen advisory firm's family office services
The partnership platform will offer family offices solutions to clientsThe partnership platform will offer family offices solutions to clients
03/26/2014
Agricultural Bank of China Ltd formed an asset management department on March 19 to develop wealth management products and manage the investment in such products, National Business Daily reported on Tuesday.
03/26/2014
It is still far too early to highlight wealth management services as one of the banks’ biggest risks in India.
03/26/2014
The wealth management sector is among the list of top five most important industries to lift Australia's growth trajectory over the next 20 years
03/25/2014
Two Filipino women are among the 25 “most influential” women in Asia-Pacific’s asset management scene, based on a list drawn up by financial publication AsianInvestor Magazine.
03/25/2014
Swiss Private bank launches new pricing service for MAS licensed financial institutions
One of Switzerland’s leading financial institutions, has introduced a new level of price transparency and convenience to the Singapore wealth management market.
03/25/2014
Thais tend to be more likely to be financially motivated to build financial security compared to citizens of other countries in the Asia Pacific
03/25/2014
EFG Bank announced on Tuesday that it has been awarded a wholesale banking licence in Singapore.