Managers of Wealth Asia Pacific

MAS has not issued a directive – tacit or otherwise – to banks to keep quiet about the origins of wealth inflows

The increased fund flows into Singapore were from high net-worth individuals from different markets.

HSBC Plans to Add 30 Private Bankers in Fresh India Wealth Push

Only a quarter of India’s $600 billion wealth industry, which is expanding annually at 12%, is managed professionally, Julius Baer Group Ltd. said earlier this year.

UBS Mulls Keeping Credit Suisse Private Wealth Unit Targeting India's Wealthy Diaspora

In recent months, UBS has already hired several Credit Suisse private bankers in Singapore to target India's wealthy client portfolio, including Gautam Anand, a managing director.

India's ASK Private Wealth is on a hiring spree

The Indian wealth manager aims to triple AUM in 3 years, reaching out to more in the $1 million wealth tier, says CEO.

UBS: Middle East Family Offices Eye Hong Kong

The bank’s outreach to clients includes familiarizing them with new local measures including a revamped investment-based migration scheme, tax incentives and upcoming art storage facilities.

LGT Wealth India and Asset Vantage announce collaboration

Through this collaboration, both companies have come forward to deliver a superior technology solution, which seamlessly consolidates portfolios across multiple accounts and investments for family offices.

Credit Suisse Collapse May Put Singapore in the Spotlight

Singapore’s political stability, transparent government policies and pro-business environment remain intact, said Citibank Singapore CEO Brendan Carney.

Metrobank named PH’s best bank for ultra-high-net-worth clients

It was also named as the Best Bank for the Ultra-High Net Worth clients.

Stanchart Benefits from Significant Shifts in Private Banking

UBS's forced takeover of Credit Suisse announced a little over two weeks ago, is also likely to have an impact notwithstanding Standard Chartered's current strong sweet spot in the mass affluent market.

Sydney wealth manager launches online solution

Sarto Invest would have a minimum investment of $25,000 and be delivered in collaboration with the platform OpenInvest.

How flexing of wealth has become a way of life for many Indonesians

The new practice of public officials in Indonesia showing off their lavish wealth on social media has driven a stir.

Asia’s best international private bank 2023: JPMorgan

Revenue in the last three months of 2022 alone was $2.4 billion, a 22% year-on-year jump that was driven by higher deposit margins on lower balances.

HSBC takes centre stage in positioning Hong Kong as an international wealth hub for family offices

The bank took part in the government’s recent Wealth for Good summit that hosted some of the world’s wealthiest families and their representatives

UBS celebrates ten years of UBS Optimus Foundation in Hong Kong

Enhances philanthropy offering through a new UBS Donor Advised Fund (DAF)

HSBC Global Private Banking response to Hong Kong's family office incentives

Hong Kong, as an international asset and wealth management centre, has a clear competitive advantage to serve the sophisticated needs of global business families and their family offices as they look to expand their operations in Asia and beyond.

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.

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

Wealth and Asset Management