Managers of Wealth Asia Pacific

Chinese Crackdown on Luxury to Drive Demand

The tradition of gift-giving extends back many years in Chinese culture

Law firm acquires wealth management business

Listed law firm ILH Group has expanded into wealth management with the acquisition of Capricorn Investment Partners

Ultra-HNIs To Make Safe Investments From Now On

The prolonged economic slowdown in India without an early recovery has an adverse impact on the spending behaviour of ultra-high net worth individuals.

Indian ultra-HNI count rises to 100,900

The population of Indian ultra-HNHs is estimated to have grown to around 100,900 in 2012-13, and is expected to triple to around 329,000 over the next five years

Wealth management products largest share of assets under custodianship

CBA reports growth in custody market

Independent advisers more loyal to their licensees

The rate of approval was lower among advisers belonging to an aligned group, with 60% of them willing to recommend their licensee, 21% indifferent and 21% critical.

Standard Chartered Knocked By $1bn Korean Business Hit

Standard Chartered, which makes more than 90% of its profits in Asia, Africa, and the Middle East, said Korea remains its most difficult market and that it was writing down the value of the business.

'Havoc' as HSBC prepares to close diplomatic accounts

The head of the UK's Consular Corps told the Mail on Sunday the decision has created "havoc".

HSBC Half-Year Profits Rise 10% To £9.2bn

Banking giant HSBC Holdings reported pretax profit of $14.1bn in the first half to end-June, an increase of 10% compared with the same period in 2012.

Jersey courting Asian investors as funds domicile

A promoter for the UK island is targeting asset owners and fund managers in the region, but may struggle against established players such as the Caymans and even Hong Kong.

Singapore’s wealth centre claim gains credence

Legitimate rival to Switzerland; M&A robust in spite of banking downgrade

For China's Banks, Wealth Management Booms Along with Risk Concerns

Banks compete to offer higher rates while regulators and analysts warn about transparency and maturity mismatches.

Law firm to expand into wealth management

The firm was very pleased to team up with a law firm.

China Merchants Securities Won Seven Awards

CMS won seven awards in this selection, including the comprehensive award

The family office that mega-wealth built

The family office is taking off for Australia’s wealthiest families

ANZ becomes fourth bank to open gold vault in Singapore

Singapore is strategically located between the world's top two gold producers, China and Australia, as well as the world's largest consumption markets, said ANZ co-head of fixed income, currencies and commodities, Eddie Listorti.

Advisers Facing Tech-Savvy Generation Gap

There's a gap opening up between the technological expertise of generations X and Y and the amount of advice they are going to need to look after their investments, according to Telstra's Rocky Scopelliti.

Advising Aussie’s biggest Wealth Transfer

Within the next 20 years, 70% of Australia’s financial assets will be held by Generations X and Y.

UBS Wealth Management delivers highest profit in four years

UBS adjusted profit before tax CHF 1 billion

UBS Has Relationship With 80% of Asian Billionaires, Chief Says

The Swiss lender that’s shrinking its investment banking business to focus on wealth management, said it has a business relationship with as many as eight out of 10 billionaires in Asia.

Wealth and Asset Management