Managers of Wealth Asia Pacific

Hana Bank Picked as Best Private Bank in Korea

Hana Bank expressed gratitude to customers, saying that its asset management services would be further expanded to better cover their every age period.

HSBC investor Ping An publicly calls for break-up and ‘aggressive’ cost cuts

China’s biggest insurer says bank lacks Asia experience on board

HSBC Nears Halfway Point for China Wealth Hiring Target

In addition to headcount, HSBC has been also expanding its physical presence within the mainland.

DBS Group: Third-quarter net profit rises 32% to SGD 2.24 billion while return on equity reaches 16.3%, both at new highs

Nine-month net profit up 8% to SGD 5.85 billion

Partners Group establishes Private Wealth business unit

With our established track record of industry leadership in transformational business building, and our bespoke product shelf, Partners Group aims to remain the provider of choice for financial advisors and their clients.

Citi Launches New Wealth Center in Hong Kong

Hong Kong is one of four global wealth hubs for Citi, alongside Singapore, London and UAE.

Private Equity Chases Rich Chinese Trying to Escape Market Chaos

The meeting reflects the confluence of two trends that are reshaping the private equity landscape in Asia.

Swiss bank Julius Baer plans expansion in Hong Kong after pandemic to tap wealth management opportunities in China, Asia

“Hong Kong will continue to be a growth story for Julius Baer in the years to come.”

Lightnet Group Partners with Raffles Family Office to Expand Payment Ecosystem to Revo - Asia’s First Digital Asset-Based Multi-Family Office Platform

The partnership reaffirms Lightnet’s vision to revolutionise the payments and remittance space with next generation infrastructure and services across the entire spectrum, from the unbanked or underbanked, to wealthy individuals and family offices.

Cambridge Associates’ Pang: FOs can save wealth legacies

As trillions of dollars are transferred to the younger generation, family office advisers try to limit the conflict among heirs, says Cambridge Associates’ Mary Pang.

Credit Suisse: «One Bank» Model in a Two-Bank Structure?

At the time, his proclamation to remain committed to the approach was already bold, given the bank’s renewed focus on tighter risk management and reduced structural autonomy in Asia – the lone region in the whole global wealth business

Hostplus hands Bell Asset Management $500m mandate

He added that he looks forward to working with Bell to manage a global small and mid-cap strategy for Hostplus' developed markets portfolio.

Credit Suisse: APAC is the Lone Region With Positive Flows in 2022

Credit Suisse Posts Fourth Consecutive Quarterly Loss

Nordea Asset Management Seeks to Operate an Investment Hub in Singapore

Nordea Asset Management opened a local distribution office in Singapore in 2013.

The Evolution of Wealth Management in Indonesia

“This is the promised land of opportunity, the skies are blue, and the potential is simply vast.”

LGT Group forays into Indian wealth management space via LGT Wealth India

Majority owned by LGT Group, LGT Wealth India employs more than 200 staff and has a presence in 14 cities across India, including Mumbai, Delhi, Chennai, and Bengaluru, the company said in a statement

AUM Growth Outlook Slips for Hong Kong Wealth Managers

There is less optimism about the future of wealth management in Hong Kong this year, according to a report jointly authored by the Private Wealth Management Association and KPMG China.

Axa IM ponders China wealth management expansion

The French investment manager could join a growing list of foreign firms seeking to expand into wealth management in China.

AMP Limited provides Q3 22 AUM and cashflows update

AMP Bank’s total loan book grew by A$0.6 billion to A$23.3 billion in Q3 22.

Utmost Group announces the planned closure of AAM Advisory in Singapore

Utmost acquired AAM as part of the acquisition of Quilter International in 2021.

Wealth and Asset Management