07/10/2023
Family Offices and the New Dawn for UHNW Wealth Management in Asia
This is a summary of some of their key observations and words of advice.
Wealth and Asset Management
07/07/2023
Withers a big winner at WeathBriefingAsia Wealth For Good Awards 2023
As global interest in sustainability, ethical and governance issues and impact investing increases, Withers remains committed to supporting businesses and families in achieving their ambitions to drive positive, meaningful change.
07/06/2023
Endowus Expands Private Wealth Offering
The new offering aims to democratize access to private banking and institutional-grade services, covering a range of public and private markets, alternatives, quant, passive index and active investment opportunities at fully transparent and lower fees.
07/06/2023
PE Firm Partners with Swiss Wealth Manager to Launch MFO
The new multi-family office (MFO) will be led by Jonathan Ng, who has over 25 years of industry experience, including as the former market leader for Southeast Asia at Pictet's wealth unit.
07/05/2023
HSBC returns to private banking in India to tap growing wealth
The business is aimed at professionals, entrepreneurs and their families with investable assets of more than $2 million, HSBC said in a statement.
07/05/2023
Hong Kong’s Value Partners and China’s Shenzhen Capital launch Greater Bay Area fund
The fund is co-managed by the two firms.
07/04/2023
Brown Shipley dumps gold for hedge funds and plays Japan
Representatives of parent company Quintet Private Bank make the case for reducing portfolio allocations to gold and see hedge funds as offering more diversification.
07/04/2023
BOCHK AM explores partnerships to boost investment range
Following its collaboration with Amundi in 2021, BOCHK AM is on the lookout for its next partnership, possibly within the global equities space.
07/04/2023
Observations from 40 years in wealth
In addition to his current role as Head of Strategy and Development, Clark is known by our LGT Crestone staff and clients as our Vice Chairman and as the head of our Melbourne office.
07/04/2023
Julius Baer sees 'rare opportunity' in bonds ahead of Fed pivot
The Swiss private bank is positive on US and Japanese equities, and sees an attractive play in investment grade bonds, as it predicts no further US rate hikes, with the Federal Reserve to cut in December.
07/03/2023
KPMG: Over Half of Asian Family Offices in Singapore
There are around 20,000 family offices globally, of which 9 percent are based in Asia.
07/03/2023
OCBC Announces AUM Targets for Wealth Business
In order to meet this target, it will expand its team of relationship managers to 500 by end-2025, compared to over 400 today.
07/03/2023
DBS: Account aggregation is the future of private banking
The Singapore bank has seen an uptick in the adoption of its mobile apps across its various divisions, including among its private banking clients, DBS's Isaac Kong says.
06/29/2023
Leading law firm for taxation, aviation and family wealth management at China Business Law Awards 2023
These wins are a testament to the firm’s broadening network and expanding range of services that have strengthened our reputation as a leading international law firm in Asia.
06/28/2023
Hongkong Nipping at Swiss Wealth Management's Heels
The downturn was in strong contrast to the year before in which assets grew more than 10 percent, in one of the best markets in more than a decade.
06/27/2023
GAM Investments Rahul Mathur Highlights Strategies to Isolate Alpha in these Uncertain Times
He highlighted how central banks are facing up to the dilemma of preserving financial stability and at the same time taming inflation.
06/27/2023
CEO Captain: Citi Global Wealth's Angel Ng
Citi Global Wealth's head of Asia Angel Ng talks us through combining the bank's retail and private banking experience to provide clients with a comprehensive service.
06/21/2023
Maybank Sees Family Office Growth
In March, the Monetary Authority of Singapore issued a statement saying that there were about 200 single family office (SFO) tax incentive applicants awaiting approval.
06/20/2023
Pictet WM has 20% of Asia AUM in DPM
The pure-play private bank is encouraged by its discretionary portfolio management performance this year, says the Swiss bank's Asia CIO.
06/19/2023
Combined UBS-CS wealth giant enters Asia as cost of survival rises
Asia's private banking players are bound to feel the ripples of the UBS-CS deal and navigate an industry that is already facing increasing costs of survival.