Managers of Wealth Asia Pacific

Banks Help as Asians Shop for Foreign Property

As more wealthy Asians seek to buy property overseas as an investment or short-term residence, their private bankers are only too happy to help.

Big four flawed by their divisions, says Bendigo wealth boss

"They are quite siloed in their existence. They are wealth-management businesses in their own right and retail banks sit over on the other side."

3rd ICBC Australian branch opens in Melbourne

China's Industrial and Commercial Bank of China on Monday officially opened its branch in Melbourne. It is the third ICBC branch established in Australia after Sydney and Perth branches.

Private bankers help as Asians shop for foreign property

As more wealthy Asians seek to buy property overseas as an investment or short-term residence, their private bankers are only too happy to help.

NAB financial planners brace for income cuts

Financial planners at National Australia Bank have been warned to brace for big cuts

UBS named best private bank in Asia

It also won the gong for best private bank in Hong Kong

NAB boss in line for millions in bonuses

The bank's shareholders will vote on the grant of performance rights to Mr Clyne and the bank's director of finance .

New Singapore wealth managers’ group gains traction

An association of Singapore wealth managers with ultra-high net worth clients is gaining in size and visibility, as it enters its second year of existence.

Feng shui: applying Chinese theory to wealth management

However, I have taken a number of the philosophies of Feng shui and applied them to the UK wealth management environment. You may ask: ‘Why not specifically the UK platform market?’ But that is going to be my point.

8 Surprising Things That Wealthy Chinese Invest In

We put together a list of eight peculiar things that wealthy Chinese people invest an exorbitant amount of money in.

China chiefs 'must reveal wealth'

Asset disclosure for Chinese officials is likely to be slowly phased in over time

Bank of China branches into private banking

Bank of China branches into private banking, eyeing the one million individuals on the mainland with at least US$2 million to invest

Individual wealth in India likely to double in four years

“The wealth in the hands of Indian individuals continues to grow at a decent pace.”

Yellow Brick Road confirms Macquarie tie-up

Yellow Brick Road Holdings has announced an assault on the banking sector that will establish a much-needed alternative for Australian consumers.

Credit Suisse launches single family office service in India

"The launch of the Single Family Office service is a milestone for wealth management in India."

35% UAE investors see India as most attractive destination

"Despite Emiratis' cautious approach to emerging markets in general, 35% identified India as the most attractive world market for investment," said the report.

UBS, Citi, Standard Chartered are major winners in The Asset Triple A Country Awards 2012

After the annual review process that lasted for about three months, The Asset is delighted to announce the winners of the Triple A Country Awards 2012 in Australia and South Asia.

Rich move valuables East, spooked by West's economic woes

"We have a lot of enquiries from European banks, not because they want to move the assets necessarily to Asia, but because their clients are asking them to," said Joshua Rotbart, general manager of Malca-Amit Precious Metals Ltd.

Our wealthy clients, with $1.6tn, are keen on India: Aashish Kamat, CEO, UBS INDIA

UBS India CEO Aashish Kamat, who has also donned the firefighter's helmet, said the global shake-up will have no material impact on the Indian operations.

Chinese wealth management products threaten banks' liquidity

The increasing popularity of wealth management products in China has the potential to reduce banks' deposits and destabilize the banking system more generally, says CreditSights.

Wealth and Asset Management