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
08/25/2014
RBS will start the process saying they are selling it as a whole
08/25/2014
National Australia Bank and MLC financial planners have three years to meet the new education standards, which require advisers to hold tertiary qualifications.
08/25/2014
The company expects total transaction size to grow to 1 trillion yuan
08/24/2014
Wealth-management assets in China’s banking sector jumped more than 23% in the first half of this year, but most of these are either invested in low-risk securities or cash
08/24/2014
Anantakrishnan and team move over with clients
08/22/2014
Friends Provident International has launched a new website with a section dedicated to non-resident Indians.
08/22/2014
Best private bank for Asia announced
Asia now accounts for half of the private bank's global structured product sales.
08/22/2014
CreditEase appoints head of offshore wealth
Former Asia head of wealth management at consultancy Towers Watson
08/21/2014
Property and investment account for the biggest industries on the list