01/03/2012
Abu Dhabi sovereign fund eyes India
ADIA has a 12% stake in Infrastructure Leasing and Financial Services Company ( ILFS), but it wants to diversify given the opportunities in the Indian infrastructure sector.
Wealth and Asset Management
01/03/2012
Sarasin Rejigs Senior Asia Ranks
The Swiss private bank, has promoted three of its senior staff based in Southeast Asia
01/02/2012
Standard Chartered perfectly placed to weather the global economic crisis-Peter Sands
As the boss of an Asia-facing London-based bank booming in a global crisis, Peter Sands explains why the UK must follow Standard Chartered's lead.
01/02/2012
LVMH Asian offshoot keeps an eye on Watches of Switzerland
L Capital, controlled by managing partner Ravi Thakran, is a fund set up to buy consumer and retail businesses that would fit with the Louis Vuitton to Moet Hennessy group
12/30/2011
Singapore banks beef up operations to cover NRI market
Singapore-based banks are beefing up their operations to manage the USD 25 billion wealth of the city state's 300,000 non-resident Indians (NRI), who have an investment preference for Indian securities and the rupee.
12/29/2011
Less perks for expat workers
Lucrative expat packages are becoming a distant memory in Asia, as employers no longer need to entice top talent
12/29/2011
Expat Parents in Hong Kong Feel School Squeeze
From December 2009 to September 2011, the number of U.K. nationals moving to Hong Kong jumped 53%
12/28/2011
It cannot get tougher than this
With global markets melting and every asset class straining, wealth managers are facing an uneasy task of managing HNIs’ wealth. In such circumstances,
12/28/2011
95 percent of the wealth management products post dismal returns
Brokerages in China had issued a total of 109 wealth management products with total scale of 61.5 billion yuan through December 25, of which three products were in the process of being launched, reports China Securities Journal.
12/28/2011
Wealth management subsidiary sets up new team
The fund management house, which has A$94 billion under management including around A$35 billion in fixed income, singled out Korea, Malaysia and Indonesia.
12/27/2011
India’s richest to treble - Research
Between now and 2016, the wealth of India’s richest is expected to treble and many of these wealthy individuals are eager to invest in alternative asset classes, claims AAA.
12/27/2011
Defining wealth in Asia
Most of the high net worth individuals that I meet on a daily basis are business owners and top-level executives working for multinational companies.
12/27/2011
Maybank targets the rich
It’s developing its wealth management business to cater to the affluent market in the region
12/27/2011
China clamps down on gold trading frenzy
Gold exchanges in China outside of two in Shanghai are to be banned, authorities said in a statement released on Tuesday.
12/26/2011
Singapore sits moodily atop wealth pole
When it comes down to it, Singapore can be almost as Wall Street as Wall Street
12/23/2011
Fine art market will grow in Asia - Research
Alternative Asset Analysis (AAA) has announced it predicts that the market for fine art in Asia will continue to grow, along with prices.
12/20/2011
Hong Kong bankers' pay rises more than London-survey
Pay for similar staff in London rose 12 percent over the same period.
12/19/2011
Lone Star $3bn cost in Korea shows foreign peril: Real M&A
Lone Star, which won control of Korea Exchange Bank in 2003 when no local lenders were interested, spent more than five years entangled by courts, regulators and lawmakers as the fund incited public backlash over the profits on its investment.
12/19/2011
As markets plunge, Asia's wealthy flock to art
Despite giddy Chinese art prices showing some strain from global economic uncertainty, collectors like Lo think values will continue to rise due to limited supply and continued strong demand as Asian collectors become more affluent.
12/16/2011
Wealth firm brings fortune to China
Quam Private Wealth officially commenced its business on 13th December in Hong Kong, taking full advantage of the territory as an international financial hub while knitting together mainland's emerging opulent elites.