10/29/2013
Barclays sees adjusted profit before tax fall by 20% to £4.9bn
Investment Bank income was down 7%
Wealth and Asset Management
10/28/2013
UBS profit beats forecasts, sees more litigation charges
UBS’s third-quarter adjusted¹ profit before tax of CHF 484 million achieved in a challenging environment
10/28/2013
Wealth division contributes to strong ANZ result
The global wealth division saw a 6% increase in net funds management and insurance income year-on-year, as well as a 2% reduction in operating expenses along with a favourable non-recurring tax benefit.
10/28/2013
Standard Chartered says profit growth up by low-single digit so far this year
Stanchart's shares have been hit by concerns about a slowdown in Asia derailing its decade-long growth.
10/28/2013
Labuan IBFC Aims To Attract High Net Worth Individuals From Asia Pacific
The Labuan International Business and Financial Centre is aiming to attract greater interest from high net worth individuals from the Asia Pacific for its wealth management business.
10/27/2013
Wealth management challenges and opportunities in Asia
A better understanding of the region, its nuances and opportunities is vital.
10/27/2013
Single middle managers better in wealth management, survey reports
This is a key finding in Fidelity Worldwide Investment’s survey on wealth management by singles.
10/27/2013
Singapore’s wealthy help drive global property demand
Private investors have turned to real estate as a "safe haven" for wealth preservation
10/27/2013
Standard Chartered competes roll out of corporate actions platform
Standard Chartered has completed the rollout of its corporate actions platform across 39 countries in Asia, Africa and the Middle East
10/26/2013
Fami Targets P20-billion AUM for Next Year
Taking care of the wealth of Filipino savers and ensuring the funds generate even more value for clients is the goal the First Metro Asset Management Inc. has set for itself for 2014.
10/23/2013
Credit Suisse Net Climbs 79%
Net income rose 79 percent to 454 million Swiss francs ($509 million) from a year earlier as an accounting charge related to the bank’s own debt wasn’t repeated, the Zurich-based bank said today.
10/23/2013
Watchdog sets sights on Baidu wealth management
China's securities watchdog said on Wednesday it will examine the compliance of Baidu Inc's financial business after the company announces details of its online wealth management products.
10/23/2013
Ex-Bankers Following Swiss Gain Traction Advising Asian Rich
Independent asset managers may at least triple the funds they oversee in Asia as demand for specialized products rises
10/22/2013
Property most popular investment among Asia's wealthy families: survey
Trophy buildings are the favourite real estate investment for wealthy Asian families despite concern the market in the region could be overheating
10/22/2013
Private banks ‘boring but important’, say family offices
This was among a wide range of findings in the UBS/Campden Wealth Asia-Pacific Family Office Survey 2013
10/22/2013
Edmond de Rothschild AM seeks Asia partner
The Paris-based firm is seeking a distribution partner to help boost its AUM by over a third in Asia, as it prepares to launch a new Luxembourg fund.
10/18/2013
How to manage risks and grow family wealth
Wealth owners have come to associate risk with volatility.
10/16/2013
Japanese Millionaires’ Number Going Down
Japan lost 1.3 million millionaires within only one year, between June 2012 and June 2013
10/16/2013
JBWere appoints new Chief Investment Officer
He will also oversee the tactical asset allocation, product and security selection for JBWere's private wealth management, institutional and not-for-profit client portfolios.
10/16/2013
Jersey increases activity in mainland China
Jersey strategically well positioned to maximise opportunities in mainland China