03/30/2023
Singapore Leads Asia for Cross-Border Private Capital
Singapore will remain among the most active markets for overseas investors due to its reputation as a safe haven.
Wealth and Asset Management
03/29/2023
WMI and the Private Banking Industry Join Forces to Strengthen Singapore’s Position as a Philanthropy Hub
The IPP, supported by the Monetary Authority of Singapore (MAS), will create a dedicated series of events and research publications to build greater awareness and momentum for philanthropy and newer models of giving such as venture philanthropy and impact
03/28/2023
HSBC Brings Art Finance to Asia
The art being used as collateral must not be displayed and also be kept in secured warehouses with proper temperature and humidity controls.
03/28/2023
Rich offered wealth of opportunity as city charts its own course
There is more to being a financial centre than just a tax haven or private banking hub, and Hong Kong can help wealthy families channel their billions towards worthy socio-economic causes
03/28/2023
Julius Baer: Risk Concerns Are Driving Single Family Office Demand
At an estimated $100 million or above, the ultra-rich can begin to consider if they would like to opt to establish a single-family office (SFO) or choose to be serviced by multi-family offices (MFO).
03/27/2023
EFG Further Strengthens its Business In Asia Pacific and Announces a Strong Line-Up of New CROs in the Region
Hong Kong represents one of EFG’s core markets in the Asia Pacific Region.
03/24/2023
The Vital Importance of Reliability according to the CEO of Singapore MFO OneRock Investments
Hubbis met with him recently to hear more of the firm, Michel’s ambitions and his mission to create a self-sustaining firm with the structure, culture and team to grow for many years to come.
03/24/2023
Wealth managers ramp up staff in Hong Kong to chase Chinese demand
High- and ultra-high net worth families in China are seeking to diversify their investments as they are finally able to travel and as they chase alternatives to a depressed property market at home.
03/24/2023
Iqbal Khan is keen to keep CS wealth managers in Asia
Credit Suisse, which was taken over by UBS, traditionally has strong roots in the Asian economic region and is best known for its business with wealthy Asians.
03/24/2023
Hong Kong family offices to get tax concessions in revamp
That’s despite years of protests, Covid lockdowns and Beijing’s tightening grip driving rich families to rival hubs in Singapore and Dubai.
03/23/2023
Julius Baer Announces Six Winners from Asia for the Next Generation Art Prize 2023
The Winners each win USD10,000 and a place in an exclusive three-month Art and Technology Accelerator programme led by non-profit organisation The MeshMinds Foundation.
03/23/2023
Thailand’s Chearavanont family plans to open family office in Hong Kong
In its effort to portray the city as a wealth management hub in Asia, the government of Hong Kong is set to unveil a series of incentives for family offices at a summit to be held tomorrow.
03/21/2023
Private Banks Vie for Post-Merger CS Assets in Asia
As UBS absorbs the newly acquired Credit Suisse, one of the key matters that will be closely monitored is the movement of client asset flows, especially in the core wealth management business.
03/21/2023
Asia and Middle East family office trade bodies join forces
In a bid to develop the industry across both regions
03/20/2023
Hywin Holdings Leads Client Delegation to Hong Kong to Deliver the Global Proposition
The delegation was led by Roland Song, Head of Hywin Family Office, and consisted of 30 UHNW clients who were shrewd investors, entrepreneurs, and patriarchs/matriarchs keen to assess succession solutions to ensure family cohesion.
03/17/2023
J.P. Morgan Asset Management Launches JPMorgan Active China ETF
The newest active ETF offering focuses on China equities
03/17/2023
HSBC Taiwan wins five Wealth Magazine awards
As the only foreign bank in Taiwan with a global presence, HSBC has observed rapid growth in Taiwan’s wealth management market in recent years.
03/15/2023
DWS Wins Multiple Awards in Asia Pacific
The annual Asian Private Banker’s Asset Management Awards for Excellence honours and identifies outstanding providers of asset management products and services to private banks in the Asia Pacific region.
03/15/2023
Goldwater Launches One-Stop Wealth Service
Leveraging technology and flexible mandates, the firm will formulate personalized trust solutions that cover personal and family protection, retirement planning and long-term asset arrangements.
03/15/2023
HSBC Mines MENA Wealth Opportunity in Singapore
To cater to this demand, HSBC Global Private Banking formed a coverage team in the city-state in 2022 to work with existing colleagues in the Middle East where it has a significant existing presence.