04/24/2012
Barclays Wealth continues APAC expansion
Barclays today announced that it has appointed four senior private bankers in Singapore, in a move that underlines Singapore’s importance as a wealth management hub for the bank
04/23/2012
The Biennale des Antiquaires, France’s oldest art fair, is looking to profit from the growth of Asian wealth by starting a mini-biennale in Hong Kong.
04/23/2012
The latest hot topic that Chinese Private Bankers argue about when they get together is which foreign destination is favored by wealthy Chinese clients.
04/23/2012
Asian millionaires on the rise
Nearly two-thirds of the 109 wealth managers polled expected the number of individuals with investable assets of between $1m and $30m to increase this year by between 6 and 15 per cent, while 23 per cent expected a rise of more than 15 per cent.
04/23/2012
Asia's leading wealth managers, who have combined assets under management (AUM) of more than US$3 trillion, are bullish on global economic outlook in 2012, according to the results of a survey released Monday.
04/19/2012
For these reasons, Philanthropy Management suggests that wealth consultants and other advisors manage the expectations of entrepreneurs who are making their first serious forays into philanthropy.
04/19/2012
The Guggenheim’s engagement with the South and Southeast region goes back even further than this programme, including exhibitions from seminal artists Rirkrit Tiravanija and Anish Kapoor.
04/19/2012
NTHFS provides middle-office and administration services including trade processing, valuation, real-time reporting, cash management, accounting, collateral management and investor servicing. It has more than US$170 billion in hedge fund assets under admi
04/19/2012
Swiss private bank gets banking licence in Hong Kong
They has been operating in Asia for over 25 years
04/19/2012
All major Australian wealth groups are believed to be undertaking significant strategic changes following a reduction of fund inflow and poor equity markets.
04/18/2012
BofA’s non-U.S. business reaches out to “mass affluent” clients whose wealth is measured in hundred of thousands of dollars, rather than its ultra-wealthy clients worth tens of millions.
04/18/2012
The government first allowed people to own and fly private aircraft in 2003; now there are between 130 and 150 mainland-registered private business jets in China, and the market is set to increase tenfold in coming years.
04/18/2012
Wealthy foreigners who want their PR application expedited will now have to apply under a different scheme for well-heeled entrepreneurs from abroad who invest in businesses here.
04/17/2012
Singapore's sovereign wealth fund is preparing to buy up swathes of distressed properties in the UK with the launch of a £200m fund.
04/17/2012
These days, that Italian clan and other ultra-affluent families are moving assets to Singapore by setting up family offices in a city-state often touted as the Switzerland of Asia.
04/16/2012
Fuelled by the rapid growth of the economies in the Greater China region, and the steady inflow of wealth from regional and global markets, the PWM industry in Hong Kong is enjoying a promising outlook as well.
04/16/2012
According to the Mei Moses World All Art index, investment grade art grew in value by 10.2 per cent in 2011, outperforming both the S&P 500 and the FTSE All Share total return indexes.
04/16/2012
Rising level of prosperity and family-run businesses here provide a lot of opportunities in this space, she said.
04/16/2012
It is the first investment made by the Equiti US Multifamily Property Fund following a 12-month search in conjunction with US partners, Riverstone Residential.
04/16/2012
China’s new wealthy take tips from the West Wealthy Asians in China and elsewhere are recognising the need to properly manage and pass on their money, and are receiving advice from Western families, notes Scorpio Partnership.