Managers of Wealth Asia Pacific

Growth in Philippines wealth management industry

The Philippine financial and economic managers seek ways and innovations to provide impetus for growth and open more opportunities in the fledgling wealth management sector.

Regulations in Asia possibly preventing 20-25% growth in wealth management industry

Asia leads the way for growth and drives growth for other countries said Steven Crosby of PwC New York during a recent presentation in the Cayman Islands.

New Sebi rules for pooled investments meant for HNIs

As an HNI you may search for unique investment opportunities through structures, hedge funds or specific private equity (PE) funds. The new regulations mean that you can take that extra risk knowing that there is a framework that guides the manager and a

Credit Suisse Completes Acquisition of HSBC's Private Banking Business in Japan

This acquisition enables Credit Suisse to further scale and enhance its wealth management capabilities in Japan and clients will be able to benefit from the expanded coverage provided through additional offices in Osaka and Nagoya.

China's first self-regulating fund association inaugurated

"It is urgent for China to establish a strong wealth management industry and the founding of the fund association is at the right time," said Guo.

Middle East wealth switching to Singapore

Europe has been the place where rich Middle Easterners have traditionally stored wealth, but their focus is shifting east, with Singapore a particular beneficiary, agreed a panel of wealth managers.

Only 19% of treasure assets owned by wealthy individuals globally are held for financial motivations, according to new Barclays report

Only 19% of treasure assets - which include items such as precious jewellery, fine art, antique furniture, classic automobiles and precious metals - are held for financial motivations , according to the latest report in the Wealth Insights series from Bar

India can be looked at as favorable destination by wealth management firms: report

The rapidly growing base of high net worth individuals (HNWI) in India is expected to provide attractive investment opportunities for wealth management firms, according a new report from BRICDATA.

CSRC's Guo sees a new dawn for wealth management sector

Sun Jie, formerly a CSRC official in charge of regulating the fund business, was elected as chairman of the new association.

Canadian Banks Eye Asia for Growth

Impressed by Asia's quick rebound from the global economic downturn that began in the year of 2008, many a Canadian bankers are confident Asia has great potential for developing lucrative wealth management business.

China's Sovereign Wealth Fund Cuts Europe Exposure

Lou did not detail the extent to which the fund had reduced its European investments, but the paper reported him as saying that CIC had scaled back exposure across public asset markets.

As India's richest ranks swell many head for gold

On Wednesday, for the fourth day in succession, prices of the yellow metal touched record levels in Mumbai and Kochi, but it did not deter customers who made small purchases.

Wealthy clients need consumer protections too: FPSB

The Financial Planning Standards Board (FPSB) is the owner of the Certified Financial Planner certification.

CIBC selling private wealth management operations in HK and SG

CIBC declined to identify the buyer. The deal is set to close by early next year, but is still pending regulatory approval.

Now, lounge banking for the rich

Lenders also allow customers to conduct other businesses from such chambers

Lifestyle Investment - The Other Alternative for Savvy Investors?

As indicated by the London International Vintners Exchange (LIVEX), investments in fine wine have produced a 195% return over the past seven years.

Stanchart Private Bank Launches Islamic Financial Solutions

These solutions will become available to clients by mid-June this year across the Private Bank's booking centres in London, Geneva, Jersey and Dubai.

Managing the wealth of ultra rich Asians

The explosive growth of wealth populations in emerging markets presents both eye-watering opportunities and challenges for wealth management professionals.

Dubai based Wealth Management opens Malaysia office

Delivering independent financial advice and licensed by the Labuan Financial Services Authority, the Kuala Lumpur office is the fourth office to open in the region, alongside operations in Singapore, Hong Kong and Shanghai.

Indian biz leaders talk philanthropy with Bill Gates

A large group of Indian business heads met Microsoft founder Bill Gates on Friday over a private dinner meeting at Taj West End Hotel in Bangalore.

Wealth and Asset Management