Managers of Wealth Asia Pacific

Ex-UBS Trader’s MST Turns to Wealthy Investors for Hedge Fund

MST Capital Pty raised A$10 million ($9.1 million) from wealthy investors for a global macro strategy that will start today.

Wealth management opens doors for banks

Investment needs and the strategic transformation of banks fostered the rapid growth of wealth management business

Singapore is world's most fertile land for millionaires

What is needed is a sound sense of personal investment and finance, and not business acumen or family wealth

Family offices and institutions back start-up Australian hedge funds

Australian start-up managers enjoy a number of capital sources, including family offices and institutional investors,

Wealth management industry has untapped potential, panel told

The wealth management industry in Malaysia offers abounding opportunities if its untapped potential is harnessed to the maximum

Create separate wealth management division, RBI tells banks

Banks should segregate their wealth management service activities by setting up a separate department or division

Wealth management firm estimates LGBTs have $800 billion spending power in Asia

A new wealth management firm targeted at LGBT investors in Asia estimates that LGBT consumers across the region

Wealth manages struggling with transformational change

These dynamics are further compounded by shifting demographics and existing challenges around operations, technology, and talent management.

Advisers saturate HNW space

An increasing number of advisers are turning their attention to servicing high net worth (HNW) clients

2 in 10 expats guilty of not saving for retirement

They'd rather splurge on travel.

Number of advisers in Hong Kong hits record high

The number of licensed intermediary companies in Hong Kong reached a record high this year

Asia’s Wealth Is an Elusive Target for Private Bankers

So far, global banks have focused on setting up hubs in Hong Kong and Singapore as centers for wealthy Asians from China, Taiwan and Indonesia to preserve and manage their wealth.

BMO takes on tough Australian asset managers

BMO Financial Group have announced that it will be establishing a base for its institutional asset management business in Melbourne, Australia, operating as BMO Global Asset Management.

Macquarie Bank Has Made It Way Harder For Its Private Wealth Advisers To Get A Bonus

Macquarie sent a memo to its private wealth advisers last week telling them they don’t get bonuses any more unless they make the bank enough in portfolio management fee

UBS to Shut India Wealth-Management Unit

The move is part of the company's global strategy of focusing only on "core strengths" in each country where it operates and on businesses that require less capital, the person said.

Asia’s private bankers are feeling the pinch

Asian Private Banks Less Willing to Pay Eye-Popping Salaries

Fitch issues warning on wealth management product payouts

"We expect this approach to be more effective and swift in slowing shadow activity than previous efforts, which have focused predominantly on rules and regulation."

Pakistanis have more money in Swiss banks than Indians

A higher amount than Indian entities assumes significance because Pakistan is a much smaller country in terms of population

Switzerland will not cede its crown in wealth management - Boris Collardi

Globally, Singapore is third, but is expected to pip New York to second place in 10 years.

Asian Millionaires to Forge $7 Trillion by 2016, McKinsey Says

“Asia is the highest growth region for private banks and will continue to be so,” McKinsey said. “Most private banks are trying to broaden their product offerings to cater to the specific needs of an Asian clientele.”

Wealth and Asset Management