09/26/2014
Alibaba Success Spurs Billionaire Modi’s CIO to Pre-IPO Fund
Amanat hit on the idea of starting the fund
Wealth and Asset Management
09/26/2014
More Singaporeans in top posts at foreign banks
More Singaporeans are securing top jobs at foreign banks, with a string of senior appointments in recent years.
09/25/2014
Singapore 'a global hub for wealth management'
Switzerland has led the way, and Asia is following to some extent
09/25/2014
Risk-wary rich opt for steady income and tax benefits
The survey also shows that despite the flat cash rate, affluent investors are still comfortable with their exposure to cash assets
09/25/2014
Banks look for model to serve the wealthiest
We’re still finding a hybrid between the very bespoke, very small private banks in Europe and the retail platforms that many of us operate from here
09/24/2014
Aberdeen to rebrand, expand Indonesian firm
Aberdeen Asset Management expects to take control of Indonesia's NISP AM in November, when it will rename the fund house's products, add headcount, rebrand and move office.
09/23/2014
UBS launches 50th anniversary in Asia celebrations
To commemorate the 50th anniversary, UBS Singapore announced the launch of the UBS Singapore Youth Academy
09/23/2014
Why European families are setting up in Asia
A growing number of European families are putting offices in Asia with a view to diversifying their asset base and investment exposure.
09/22/2014
Shareholders livid as Macquarie Bank executive pay packets surge
The anger of investors and the broader public over the combined $58 million in executive salaries has been tempered by institutional investors
09/22/2014
Banks can't sell wealth divisions: Perpetual
The major banks are stuck with their wealth management arms whether they like them or not, argues Perpetual Investments group executive Michael Gordon.
09/21/2014
Standard Chartered global markets head dies at 42
Bloomberg News reports his death was announced in a company memo that said he was with the bank for 19 years and called him 'an important member of the Singapore country management team.'
09/20/2014
Jack Ma’s Fortune Soars To US$25.4 Billion After Alibaba’s Blockbuster NYSE Debut
Aibaba raised $21.8 billion on Friday, the largest-ever IPO for a company listed on an American exchange.
09/18/2014
Only 23 per cent of Singapore's wealthy plan to move
Of the 23 per cent who plan to relocate, 43 per cent cited a desire to pursue an international career
09/18/2014
ANZ Swiss partnership attracts $1bn from private clients
ANZ's partnership with Vontobel to offer private clients access to the Swiss private bank's investment solution has attracted $1 billion in less than a year
09/17/2014
Another Chinese ‘Wealth Management’ Product Bites The Dust
A potential default of 4 billion yuan by a nondescript Chinese bank reignites concern on risks from the country’s shadow banking sector - but an IMF blog says the sector is a mix of good and bad.
09/17/2014
How to win family office mandates
Collins added that trust was very important to families
09/17/2014
A Hong Kong Tycoon Just Placed The Largest Order In Rolls-Royce History
For example, the most expensive suite in the 22-story hotel is expected to cost as much as $130,000 a night, The Wall Street Journal reports.
09/16/2014
‘Expert advice’ driving HNW confidence
For the month of August, the Certitude Global Investing Index found a sharp fall in investor confidence for Australian equities.
09/15/2014
Indian Funds, High Net Worth Individuals Eye Slice of Alibaba IPO
Alibaba and shareholders are offering over 32 crore American depositary shares (ADS), valuing the company at over $160 billion.
09/15/2014
Ray White to launch financial advice dealership
Real estate business Ray White has confirmed it is moving into financial advice with the launch of planning dealership Wealth Market.