01/20/2013
L&T Finance in talks to buy Morgan Stanley's wealth business
Deal may be finalised in a month
Wealth and Asset Management
01/17/2013
Chinese Millionaires Say Wealth Leads To Unhappiness
Chinese millionaires don’t sleep that much
01/17/2013
MOWM launches Advisory and Dynamic Synthetic Index
"We believe that this is a first of its kind in the wealth management industry."
01/15/2013
China sovereign wealth fund may cut US debt holdings
“From a long-term perspective, it is not a good investment target.”
01/15/2013
Bendigo Wealth ahead of targets
Bendigo Wealth Management is ahead of its three-year targets, as the company continues to look for expansion.
01/15/2013
UBS launches China unit, eyes wealth management business
"It is UBS's plan to be one of the leading wealth management providers in China and the subsidiary bank is critical to realize this goal", the statement added.
01/14/2013
NAB outlines proposed client model
This will allow NAB planners to focus on clients with more complex needs, or who are seeking a full-service advice relationship.
01/13/2013
ABN AMRO rolls out Asia-focused discretionary portfolio management
Anticipating the growth of DPM services in the region, ABN AMRO Private Bank recently rolled out four Asia-focused DPM mandates that invest only in Asia securities.
01/13/2013
The View from Goldman Sachs’ Private Wealth Unit
The bank’s ultra high net worth clients, Mossavar-Rahmani said, are “the only constituent that can afford to have a very long horizon.
01/13/2013
UBS Global AM secures major FI mandates
UBS Global AM has successfully been awarded two significant fixed income mandates in Australia
01/13/2013
Half of adviser practices in poor health
The Future Ready V whitepaper provides an analysis of what is best practice in the advice industry
01/13/2013
China orders banks to control wealth product risks
The China Banking Regulatory Commission said banks would also be barred from selling private equity funds
01/12/2013
Conditions becoming attractive for wealth managers in Indonesia
Advisory asset management services represent the best bet for private bankers
01/10/2013
UBP awaits Singapore banking licence, plans hires
UBP also added eight staff during the year to bring its Asia headcount to 26 (20 in Singapore and six in Hong Kong), around half comprising client-facing relationship managers and advisers. One executive joined from Swiss rival BSI last month and another
01/10/2013
FSU concerned over proposed remuneration model for NAB financial planners
"Members are also telling us they feel that NAB isn't playing fairly by trying to change the terms of the Enterprise Agreement through consultation," the FSU stated.
01/09/2013
Good year for Hong Kong’s property billionaires
Li Ka-shing remains Hong Kong’s richest man – with a US$8 billion increase in wealth over the past year, according to the latest Forbes’ list released on Thursday.
01/09/2013
NAB Private Wealth best in Australia
When it comes to private banks it seems size really does matter, after NAB Private Wealth was named the best one in Australia by publication Asian Private Banker.
01/08/2013
Half of adviser practices in poor health: Securitor
"Although most principles continue to acknowledge the importance of addressing the gaps in their operating models, it seems that their time, effort and money appear to have been invested elsewhere over the past few years," said the damning repor
01/08/2013
HSBC scraps sales commission for some bankers here
There are no sales targets to meet
01/06/2013
Wealth fund mulls buying stake in Daimler
Wealth fund considering buying a four to 10 per cent stake in German automaker