03/28/2022
A new hope for wealth and investment managers?
The greatest challenge to the industry to continue the current level of growth is most likely to be how to achieve scalable and cost-managed growth.
Wealth and Asset Management
03/24/2022
Rothschild head of M&A for Australia Chris Forman dies, 48
We are deeply saddened by Chris’ passing
03/20/2022
Why are more family businesses turning back to the family office model?
Only 34 percent of US family businesses have a “robust, documented and communicated” succession plan in place.
03/18/2022
Credit Suisse Looks Beyond China
Gottstein underlined various challenges in the China market including its persistent zero-Covid policy, the tech crackdown and geopolitical risks alongside team shifts from Hong Kong to Singapore.
03/18/2022
Asset managers freeze funds in Asia with Russia exposure
Belarus has not directly taken part in the invasion but supports Russia in the war.
03/17/2022
Schroders Singapore launches new Global Private Equity Fund
The fund is targeted at UHNW investors looking to achieve potentially higher returns and greater portfolio diversification by accessing the often hard-to-reach global private equity markets.
03/17/2022
UBS to sell its holding in its Japanese real estate joint venture
The transaction is expected to close in April 2022, subject to required filings and regulatory approvals.
03/17/2022
Hong Kong expands wealth management connect to brokerages
Opening up of the scheme to brokerages will further increase the competition for participating banks for an estimated $500m in annual fees.
03/17/2022
UBS, Citi wealth clients get margin calls on China tech rout
While stocks recovered some ground on Wednesday, they are still trading at depressed levels.
03/16/2022
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
The move would need approval by mainland Chinese regulators.
03/16/2022
BNP Paribas Sets up Asset Management JV in India
The Indian mutual fund industry is witnessing strong growth.
03/16/2022
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
The move would need approval by mainland Chinese regulators. An SFC spokesperson declined to comment.
03/15/2022
Hong Kong’s Value Partners faces grim 2022 after China-led profit plunge
Value Partners says 2021 was a “challenging year” for Asia’s financial markets, especially in China.
03/15/2022
Noah announces financial results
Non-GAAP[2] net income attributable to Noah shareholders for the fourth quarter of 2021 was RMB289.6 million (US$45.4 million), a 10.3% increase from the corresponding period in 2020, and a 1.9% increase from the third quarter of 2021.
03/15/2022
De-escalation for more uncertainty
Russia also makes up close to 45% of natural gas imports to Europe1.
03/15/2022
Macquarie Asset Management completes acquisition
Central Park Group will form the cornerstone of Macquarie’s efforts to serve US high-net-worth investor demand for alternative investments.
03/13/2022
“Hong Kong and Singapore is Not a Zero-Sum Game”
UBP’s Asia business saw equally strong contributions from Hong Kong and Singapore during the pandemic, the bank’s regional chief executive Michael Blake told finews.asia, underlining that success from the dual hubs need not come at the expense
03/11/2022
Private banks 'neutral' on equities amid turmoil, but favour Asia ex-Japan stocks
Strategists recommend hedges - such as energy stocks and gold - against risk of protracted war between Russia and Ukraine
03/11/2022
Embracing Femininity in Family Office
To mark International Women’s Day this week ZEDRA’s Wendy Sim talks about her role in helping family home offices nurture female talent and how she sees her industry as helping to drive forward equality.
03/10/2022
AMP divesting Russian investment holdings
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