09/16/2011
IIFL Private Wealth awarded ‘Best Wealth Management House in India’
IIFL Private Wealth awarded ‘Best Wealth Management House in India’
Wealth and Asset Management
09/16/2011
Strategic and tactical asset allocations can help your portfolio outperform - RBS exec
The unpredictable behaviour of the markets has left many clients I have been meeting confused about where to invest: equities, bonds, gold or real estate?
09/16/2011
Need to narrow income gap
The key issue for China now is to focus on implementing bold, comprehensive reforms to rebalance wealth distribution
09/16/2011
China's Super Rich Look Abroad for a Secure Future
They made their fortunes from China’s economic boom, but many of China’s wealthy are hoping to leave the country, taking their money with them.
09/15/2011
India's private wealth management market set to take off
The Indian wealth market is one of the fastest growing in the Asia Pacific region.
09/15/2011
China's Rich Lists Riddled With Communist Party Members
Membership has its privileges, particularly in China where it's proving to be a prerequisite for climbing the social ladder.
09/15/2011
Wealth rises in China with increasing social cost
Another report says Chinese millionaires will make up half the population of high-net-worth people in Asia in the coming years.
09/13/2011
Banks’ allure is thin for wealthy Indians
Ajay Piramal is just the sort of big fish every Indian private banker would love to land.
09/09/2011
Wealth-X Finds Combined Net Worth of Social Media Tycoons Near $100 Billion
The fortunes of social media entrepreneurs including the founder of Facebook, Mark Zuckerberg; the brains behind Zynga, Mark Pincus; and the man who introduced Twitter, Jack Dorsey, are at an all-time high, according to a study on 30 of the world's r
09/09/2011
Indian consumers show strong appetite for luxury products
Super-luxury brands like Ducati, Jimmy Choo, Canali, Hermes and others sail high as slowdown fails to impact Indian consumers
09/09/2011
Asia's millionaire population to grow 140 per cent by 2015
CLSA Asia-Pacific Markets, has launched “Fat cats in fast lanes: Surge in high net worth individuals” report, examining the surge of wealth in the region.
09/09/2011
China's Rich and Mostly Anonymous Spent $26 Billion Last Year -- For Fun
And along with the only slightly less privileged they’ve made a significant impact on the global luxury market, dishing out $26 billion last year on capitalist trappings like insanely expensive cars, yachts, private jets and even helicopters.
09/09/2011
PlanCom wants $10 bn India wealth fund
The Planning Commission wants India to set up a sovereign wealth fund with an initial corpus of USD 10 billion, mainly to invest in energy and mining assets abroad.
09/09/2011
The jet-setters club
An intriguing array of private jets swarms Indian skies as India's billionaires revel in luxury.
09/08/2011
Asia private bankers earns more than European boss
Julius Baer Group Ltd. (BAER) Chief Executive Officer Boris Collardi enters the 18th-floor meeting room in the bank’s Hong Kong offices lugging a suitcase that contains a clue to the soaring pay of Asian private bankers.
09/08/2011
Credit Suisse may exit US wealth management - paper
Credit Suisse is considering paring back its onshore U.S. wealth management business and expanding in Asia as part of a revamp of its private banking, a Swiss newspaper reported.
09/08/2011
Standard Chartered makes haste with merger
IF ONLY all mergers and acquisitions could be as swiftly completed as Standard Chartered Bank's swallowing of local specialist resource advisory group Gryphon Partners.
09/07/2011
Chinese luxury sales to overtake Japan
Sales of luxury goods like watches and jewellery are continuing to rise in China, as the country overtakes Japan to become the category's second largest market globally.
09/07/2011
China’s New Cultural Revolution: A Surge in Art Collecting
As auction houses prepare for their fall sales, Chinese collectors are expected to be a major boost for the market, raising their paddles for big-ticket artworks despite a backdrop of global economic turmoil.
09/07/2011
Indonesia: fastest-growing rich list
The sight of a bright red Ferrari being delivered in Jakarta is still something that attracts attention. But not for long.