Managers of Wealth Asia Pacific

Singapore’s GIC Reveals Lowest Asian Exposure Since 2010

This adjustment marks a significant shift for GIC, which manages approximately US$769 billion in assets, positioning it as one of the world's largest institutional investors.

KBank Private Banking partners with Goldman Sachs Alternatives, one of the largest private credit investors globally

Investors can invest monthly and redeem on a quarterly basis[1], with investments locked for only 12 months after the initial investment.

BNP Paribas WM’s regional head of investment funds advisory leaves

Agnes Sng has been with BNP Paribas Wealth Management for 17 years.

UOB’s core net profit1 for 1H24 maintained at above S$3 billion

Business momentum continues in 2Q24 backed by strong balance sheet position

Over half of Asia's wealth managers want a tech refresh, says Avaloq

Enhanced data visualisation and increased process automation are among the top functions desired by wealth managers

Standard Chartered: Second Quarter and Half-Year 2024 Results

Standard Chartered PLC – Results for the first half and second quarter ended 30 June 2024

Amundi: 2024 1st half and 2nd quarter results

These assets under management now include nearly €100bn in direct distribution, alongside the success of the JVs.

2024 CICC GBA Wealth Management Forum successfully held in Hong Kong

Joseph Chan Ho-lim shared the development of Hong Kong's financial business and the trend of wealth management in the Greater Bay Area in his speech.

Private Banks Unimpressed by China’s Third Plenum

Onlookers hoped for signs of a swift economic turnaround.

UnionBank Private Banking reaffirms its commitment to helping clients grow and transition wealth across generations

UnionBank Private Banking treated guests to a top-tier experience as an expression of gratitude for the trust and partnership accorded to them by their clients.

Amundi launches two multi-asset funds in Thailand

Amundi and Kasikorn Asset Management have raised €153m following the launch of two multi-asset funds.

Ultra-wealthy now worth $75 trillion thanks to rallying equities

A late-year rally in global equities increased the global ultra-high-net-worth population’s total net-worth by 7.6% to US$49.2 trillion, a new report has found.

BOS Wealth Management Expands Market Reach With OCBC Malaysia

The collaboration will see OCBC Bank distributing a range of fixed income funds starting this month.

Why private equity can’t get enough of India’s private banks

In the eyes of wealth managers, few markets are as enticing and alluring as India’s.

Asia wealth firms target doubling of assets under management to US$260 trillion by 2026

About 11 per cent of Asian high-net-worth clients’ assets are currently invested outside their home markets

China, Hong Kong pools of ultra-rich shrink and Asia’s wealth engine cools, Altrata says

China now has 46,060 ultra wealthy individuals with a total wealth of US$5.20 trillion. It is down from 2022’s tally of 47,190 citizens with a wealth pile of US$5.3 trillion

DBS partners BlackRock for exclusive bond fund launch

The three-year bond fund, only open to DBS and POSB customers, will look to deliver a higher income than cash through holding a portfolio of short-dated investment grade bonds run by BlackRock.

From finance to philanthropy: 50 years of driving impact beyond banking

Mizuho Bank launches a philanthropic foundation, renewing its focus on community and talent development, while committing to $853 billion in sustainable financing

Why Asia is the new prime location for family offices

The region's population of millionaires continues to rise, driving the growth of family offices.

Asia’s best bank for wealth management: DBS

Much of the growth was fuelled by Hong Kong and mainland Chinese clients putting more money to work in Singapore.

Wealth and Asset Management