Managers of Wealth Asia Pacific

US indictment implicates Hong Kong in tax evasion

A federal court has accused Swiss bank Wegelin of using sham operations to hide funds, some incorporated in Hong Kong.

More Swiss banks may head for Singapore

The last five years have seen numerous Swiss banks and European banks set up operations in Singapore, due to a growing trend towards transparency in various jurisdictions, said Mr Edmund Leow, a principal at law firm Baker & McKenzie.Wong & Leow.

Asian Investors Target 28 Billion Pounds for London Real Estate

Wealthy individuals including British citizens now own 10 percent of all investment property in London by volume.

Mainstream brands make a play for the super rich list

This core audience of cash-rich consumers has helped the luxury brands sector to weather the economic storm and now mainstream brands are looking at how they can take advantage of this seemingly recession-proof market.

Rinehart now Asia's richest woman, Forbes says

Mrs Rinehart's wealth jumped as Korean steelmaker Posco bought a stake in her Roy Hill iron ore project, Forbes said on its website today.

HSBC named the World’s Most Valuable Banking Brand in 2012

This strong performance from the London-based banking giant stood out in its region; European banks performed miserably, making up 16 of the 20 “fallers” on the table.

Why Are the Chinese Buying Record Quantities of Gold?

Beijing does not release gold trade figures, so for this and other reasons the Hong Kong numbers are considered the best indication of China’s gold imports.

Accounting firm eyes HNWI business

"At a time when many businesses are struggling to cope with challenging business conditions, it's vital they look to improve the way they operate at a fundamental level - only those that do so will survive and even thrive in the current environm

Indian Billionaire Bids for RBS’s Marriott Hotels, Times Says

Roy, who bought the Grosvenor House hotel in London last year, is competing with the Abu Dhabi Investment Authority, and Indian investor Blue Post Group, according to the newspaper.

Major China-based fund house to tap banks on RQFII sale

Charles Wang Hongxin, chief executive of E Fund's Hong Kong branch, said distributors including banks require more time to familiarize themselves with the new products.

HSBC to sell retail banking and wealth management business in Thailand

The value of the gross assets being sold was approximately THB17.5bn (approximately US$553m) at 31 December 2011.

CEOs concerned about economy while upbeat on revenues - PwC

The survey was published as CEOs including Mark Parker of Nike Inc. and Brian Moynihan of Bank of America Corp. gather in the Swiss ski resort of Davos for the World Economic Forum’s annual meeting.

Sovereign wealth funds show renewed interest in Australian bonds

The Canberra-based AOFM is the funding arm of the federal government.

Warren Buffett croons for Chinese New Year

The Lunar New Year of the Dragon begins at midnight on Sunday.

Indian tycoons help put Dubai on top of billionaire list

The emirate is now home to the highest concentration of billionaires in the region - there are 14 of them - and ranks 18th globally.

Here are three reasons new money is to be preferred to old

Take the Shard, the tallest building in the EU: 80%-owned by a Qatar consortium.

Australia's richest person doubles wealth in a week

The project is scheduled to begin shipping iron ore within two years, The Australian reports.

Make sense of managed funds

It's an $882 billion industry with thousands of investment options, so getting started can be a daunting choice for beginners. Here's how you do it:

35,000 jobs at risk as advice reforms bite

Amid predictions of job losses in the banking industry as credit growth slows, senator Bernie Ripoll's Parliamentary Joint Committee into the Future of Financial Advice (FoFA) legislation hearing yesterday fielded protests from a number of industry b

Wall Street's Hilarious Guide To Investing And Generating Personal Wealth In The Year Of The Dragon

Kung hei fat choi!

Wealth and Asset Management