03/10/2014
Jd.com to launch online wealth platform
The estimated seven-day annualized rates for the two products were not disclosed. JD could not be reached by press time.
Wealth and Asset Management
03/10/2014
The silence on Singapore’s wealth gap
Every capitalistic society will exhibit some inequality as the just rewards for differing work effort.
03/07/2014
Sebi says hike in net worth required for mutual funds spread, no rethink
He also said there is less scope for the regulator to have a rethink on this issue.
03/06/2014
Singapore To Overtake Tokyo As Asia Millionaires Hub By 2023
The number of these millionaires in Tokyo will climb 8 per cent to 3,818, ranking the city fourth worldwide after New York.
03/06/2014
Tianhong denies report that banks not accepting fund transactions
Zenglibao is linked with Yu'ebao, a popular online financial product jointly launched by Tianhong and Alibaba Group.
03/05/2014
Wealth manager comparison site takes on Singapore
Dominic Gamble, challenger to the wealth management industry and founder of findawealthmanager.com, has launched in the Far East.
03/05/2014
Credit Suisse Private Bank to Boost Asia Lending in Wealth Hunt
Credit Suisse Group AG, which runs Asia’s third-largest private bank, will step up lending to first-generation business owners as it seeks to build relationships with potential wealth-management clients.
03/05/2014
Standard Chartered Profit Slides
On a statutory basis, profit attributable to parent company shareholders of $4.09 billion, was lower than the prior-year figure of $4.89 billion, and profit attributable to ordinary shareholders declined to $3.99 billion, from $4.79 billion in 2012.
03/05/2014
Booming number of Asian super-rich flock to invest in Monaco real estate
Asian ultra-high net worth individuals are showing a keen interest in investing in Monaco property
03/05/2014
Rich get richer but give less to philanthropy
The index, which was produced by Forbes Insights, is based on an anonymous online survey of individuals with at least US$5 million in investable assets
03/04/2014
Centrepoint profit climbs but advice numbers fall
Centrepoint said these shifts were the result of lower adviser numbers
03/04/2014
Standard Chartered mulls selling divisions
A company spokeswoman declined to comment on the report.
03/04/2014
Wealth manager comparison site takes on Singapore
Banker-turned-entrepreneur Dominic Gamble founded the comparison website for wealth management services in the City, and has now opened an office in Singapore
03/03/2014
High net worth not necessary to serve investors
IDFC AMC’s Kalpen Parekh talks about commissions to distributors and other key industry issues
03/03/2014
Interim loss for Pyne Gould
Pyne Gould Corporation has posted a $6.6 million loss from continuing operations for the half year to December 31.
03/03/2014
UBS Wealth, Templeton buy China property firms
The rout in China developers that sent valuations to record lows is spurring UBS Wealth Management and Templeton Emerging Markets Group to say it's time to buy.
03/03/2014
Asia’s wealthy choose to partner, not invest in, private equity
Asia's wealthy investors are increasingly interested in private equity investments, but they often prefer to skip the fees and partner with funds instead
03/03/2014
Rich Asians are lagging their counterparts in Europe
Rich Asians are lagging their counterparts in Europe when it comes to investing in real estate despite the fondness of owning land that exists in Asian cultures
03/03/2014
Westpac to step up Asian expansion
Westpac is ramping up its wholesale banking presence in Asia a key growth area for the bank as Australia becomes more integrated with the region.
02/28/2014
YBR doubles wealth management revenue
Yellow Brick Road (YBR) has more than doubled its wealth management revenue in the six months to December 30, 2013.