09/15/2023
Citi: APAC Family Offices Lead Cash Allocation Shift
With the exception of Latin America – a region undergoing strong inflationary pressures – most family offices in all regions decided to increase cash allocations.
Wealth and Asset Management
09/15/2023
Bridgewater Associates leads in attracting high-net-worth Chinese investors
The firm's strategy and performance have evidently resonated with wealthy Chinese investors, contributing to its rapid growth in this segment.
09/14/2023
Asia's private market exchange ADDX plans expansion in key MENA markets to serve private enterprises seeking financing
Blockchain-enabled private market platform allows for efficient flow of capital between private enterprises and capital providers; offers potential to increase two-way, cross-market investment between APAC and MENA countries
09/13/2023
Citibank Singapore is Ranked No. 1 Among Banks for Customer Experience in Report by Independent Research Firm
Bank reclaims top spot in annual survey as it further invests in mobile app and enhances customer feedback initiatives
09/12/2023
A balanced asset allocation is still the best way investors can prepare themselves for any uncertainty
To enable end-to-end digitization, we are investing in a single wealth platform to drive technology convergence across segments and markets, harness scale and cost efficiency, automate operations, and increase the speed of deployment.
09/12/2023
BNP Paribas Asset Management partners with Agricultural Bank of China Group to form wealth management joint venture
BNP Paribas ABC Wealth aims to develop innovative investment solutions to meet growing demand for wealth management in China
09/12/2023
Hong Kong’s wooing of family offices yields ‘robust’ interest from Southeast Asia, Middle East: top Citi banker
US-based Citigroup’s private bank serves over 1,600 family offices worldwide, with each having a net worth greater than US$3 billion.
09/12/2023
Citi sees further opportunities across social finance in Asia
Team will build on recent client work with pipeline of over 30 transactions across South & Southeast Asia
09/07/2023
Hong Kong’s ultra-rich population shrinks by 23% while New York, Singapore close in on top spot for ultra-wealthy
Asia’s population of super-wealthy people declined 11 per cent to 108,370 while the group’s wealth shrank by 10.6 per cent to US$12.1 trillion
09/06/2023
LGIM Opens New Singapore Office
Legal & General Investment Management (LGIM) has opened a Singapore office as part of broader plans to grow across APAC
09/04/2023
Family Offices Surge in Popularity Amid Growing Wealth and Demand for Privacy
In a world where wealth generation is skyrocketing and financial needs are evolving, family offices are rapidly becoming a preferred choice for the ultra-rich looking for tailored solutions.
09/01/2023
World’s wealth managers look to Asia in response to shift in global affluence
Boston Consulting Group report predicts fortunes in Asia will rise faster than the world average
08/31/2023
DBS, BOS also creditors to alleged money launderers’ Singapore firms
The documents show the firms have a relationship with the banks stretching back about one to two years before the arrests.
08/31/2023
StanChart Launches Alternative Credit Offering
According to Boston Consulting Group, the global trade market has estimated financing needs of $18 trillion.
08/31/2023
Bordier & Cie's Ron Lee: ETFs help navigate China markets
China's market volatility has made it tough to deepen DPM penetration, as clients take on a performance-centric outlook to Asia, according to Bordier's Ron Lee.
08/30/2023
Rui yu Wealth CEO Eric Lin: Exploring New Trends in Wealth Management for High Net Worth Individuals in Asia
Recently, Eric Lin, the Founder and CEO of Rui yu Wealth, shared his insights on the trends in wealth management for high-net-worth individuals in Asia.
08/29/2023
BNP Paribas WM's Lemuel Lee on the power of being prepared
The newly-appointed Hong Kong head talks about the bank's ability to provide a palette of cash management solutions kept its clients happy, in a year of market turmoil.
08/28/2023
Citi: Top Line Growth Across the Board in Hong Kong
The treasury and trade solutions arm recorded a 27 percent revenue increase, driven by net interest income and fee-generating mandates.
08/25/2023
Farro Capital parent launches immigration subsidiary
Farro & Co is the new international mobility and immigration solutions subsidiary launched by multi-family office Farro Capital's parent company.
08/25/2023
Citi: APAC Family Offices Lead in Equity Allocations
As a result, family offices in Asia took on more risk assets with an average allocation of 39.5 percent to equities – the highest among all regions.