Managers of Wealth Asia Pacific

Data exchange to combat tax evasion seen affecting Hong Kong private banks

A reporting standard devised by the OECD and the G20 aimed at unearthing hidden wealth will challenge institutions in the city, analysts say

Reaching diverse consumer groups;⁬ High-net-worth consumer

Asia is now home to more high net worth (HNW) individuals (those with more than US$1 million in investable assets) than any other region.

Private banks in Singapore see AUM growth

A recent report by PwC estimated that AUM in the Asia-Pacific region will more than double, between 2012 and 2020, to hit more than USD16tr, and the two Singaporean banks aim to benefit on this.

S'pore private banks want bigger share of Asia market

Singapore-based wealth managers like DBS Private Bank and Bank of Singapore are hoping that they will benefit as clients opt for banks which they deem are safer

Family office segment set to boom: Credit Suisse

Credit Suisse holds inaugural Asia Pacific Family Forum in Hong Kong, Launches White Paper on Best Practices for Family Offices

Sumitomo Mitsui Asset eyes acquisitions to meet ambitious growth goals

The company is aiming to overtake industry leader Nomura Asset Management which held 31.5 trillion yen ($308 billion) in assets as of March.

China Merchants Bank plans Luxembourg branch

From there, they manage a European network and help Chinese clients in their European trade deals and investments.

The BVI – Asian Relationship By Stephen Adams, Partner and Kristian Wilson, Senior Associate, Bedell Cristin, Singapore

The British Virgin Islands has witnessed impressive growth over the past few decades, resulting in it becoming the leading offshore jurisdiction for company incorporation. At the same time, Asian nations have experienced spectacular financial success and

Smooth Sailing Ahead For Rapidly Growing Noah Holdings

The Chinese high net worth population is vastly underserved, and Noah is well-positioned to fill the wealth management services vacuum.

Guidebook for High Net Worth Individuals to Invest in the USA

E3 Investment Group, headquartered in New York, announced today that that Chief Executive Officer Matt Gordon has been selected to author a chapter in a forthcoming investment book for the Chinese and international markets, which will focus on explaining

AFA and ANZ Wealth search for tenth Rising Star

The diversity of nominated advisers, finalists and winners from previous years suggests we will again attract the very best new talent from across Australia

China trust firm warns of possible default on wealth management product

A Chinese trust firm has warned that one of its high yield investment products may have trouble making payments on time, a state-owned newspaper reported on Tuesday, the latest possible default to hit the country's shadow banking system.

HSBC opens high-tech flagship branch on Orchard Road

The 12,000-square-feet branch at Liat Towers has a Digital Hub that showcases HSBC's range of online banking tools

Infocus Wealth Management to merge with PATRON

The company announced today that the proposal was subject to Infocus shareholder approval but the intention was to merge in late July

Heritage buildings in Singapore given new lease of life

More banks and financial institutions in Singapore are using heritage buildings as a training ground for employees in the Asia Pacific region.

Credit Suisse named best UHNW bank in Australia

Credit Suisse has been named the most outstanding institution for its Ultra High Net Worth (UHNW) service offering ($50 million plus) at the Australian Private Banking Awards for the fourth consecutive year.

Inquiry has Macquarie Private Wealth in its sights

The report also reveals that ASIC senior executive leader for financial adviser Joanna Bird believed that Macquarie Private Wealth had "systemic failings of compliance and it had a poor compliance culture."

Rineharts defend their family trust candidates

LAWYERS for Gina Rinehart and her youngest daughter Ginia have defended the independence of the candidates they have put forward to run the family’s multi-billion-dollar trust.

BRW Rich List 2014: The 10 wealthiest people in Australia

Gina Rinehart is Australia’s richest person with wealth of $20.01 billion

KBank focuses on Laos, Myanmar for wealth push

KBank, the country’s fourth-largest lender by asset size, requires minimum assets of 10 million baht

Wealth and Asset Management