03/29/2012
Societe Generale Private Banking and Forbes Insights analyse global wealth and family ties
The study analyses over 1,200 of the world’s largest fortunes with a minimum net worth of 210 million US dollars, in 12 countries or regions: Brazil, China, France, Germany, Hong Kong, India, Mexico, the Middle East, Russia, Singapore, the United Ki
03/28/2012
A number of Australian wealth managers have stepped up the level of communication with their financial advisory network in light of the passage of the federal government's advice reforms.
03/28/2012
Their expansion illustrates the growing affluence of the burgeoning rich in India, where super-luxury vehicle sales are expected to quadruple by the end of the decade.
03/28/2012
The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citigroup Inc.’s private bank said.
03/28/2012
The number of Asians with at least $100 million in disposable assets overtook North America’s tally for the first time as the world’s “economic center of gravity” continued moving east, Citigroup Inc.’s private bank said.
03/28/2012
Royal Bank manages about $20 billion for customers living in those markets through local offices and wants to expand that to $50 billion, Barend Janssens, head of wealth management in emerging markets for the Toronto-based lender, said today in an intervi
03/28/2012
Private banking is now big business.
03/28/2012
A subsidiary of China's sovereign wealth fund yesterday signed a memorandum of understanding with Dublin's debt agency to explore investment opportunities in Ireland, but gave little detail on what it might be interested in.
03/27/2012
Add to Portfolio * Go to your Portfolio » Offering a platform of products tailored to the needs of Asian clients, who naturally tend to favor Asia-centric products, is a must, of course.
03/27/2012
Temasek Holdings, the smaller but more visible of Singapore's two sovereign funds, is moving into a new phase with its investment strategy, and could look more like Blackstone Group, another $160 billion institution, which has grown from a focused pr
03/26/2012
Historically, setting up private trusts offshore has been a preferred vehicle for Asia’s wealthy families and individuals to manage their assets as they crave the discreetness and protection that offshore trust laws offer in times of war or major li
03/26/2012
Singapore has long courted international banks and companies in its drive to become a financial hub but it is also wooing a very different sector: non-profit groups including campaign charities.
03/26/2012
Sovereign wealth funds have been quietly making moves to India as the value of assets in more established markets elsewhere in the world have fallen.
03/26/2012
Product providers are reassessing their offerings to the independent adviser market, according to ANZ Wealth, with new strategies under development to address massive issues.
03/26/2012
It’s rare that questions of honor are raised in the buyout industry. But according to Tom Murphy, who manages investments for as many as 40 of Australia’s richest families, it’s time they were.
03/23/2012
From ‘how to encourage philanthropy’ earlier, question now is ‘how to encourage people to think strategically’
03/23/2012
What this means is that investors - whether retail traders, gold exchange-traded funds (ETFs), or private banking clients - will soon be able to trade and store their gold in Singapore free of GST.
03/23/2012
Roughly $96 billion in assets ranging from entire businesses to portfolios of loans, have been put up for sale, a banker who has been pitched the deals in Asia said.
03/23/2012
The devil will be in the detail of the new requirements on opt-in according to ANZ Wealth, with a number of issues still to consider.
03/23/2012
Coutts appoints chief risk officer for asia
He joins the company from UBS Wealth Management where he was also the chief risk officer based in Singapore.