Managers of Wealth Asia Pacific

Sell-offs in Chinese wealth management products amplify bond rout, while banks scramble to calm investors

The sell-offs were triggered by panicking retail investors, following slumps in the bond market in recent days

Goldman's JV with ICBC raises $21 mln in maiden China wealth product

The fund raising was significantly smaller than that of BlackRock's China wealth management venture, which raised 2.4 billion yuan in its first product in September last year, and well below the product's fundraising ceiling of 5 billion yuan.

Saxo Markets sees opportunity in wealth management

Financial advisors can use technology to provide multi-asset capabilities, strong client management and wealth management tools, said Ivan Chang.

Credit Suisse cuts jobs in Asia

In addition, at least two other Singapore-based bankers from the division and two employees with the rank of director from the investment banking and capital markets divisions have been dismissed.

Ex-Citibank duo set up wealth management firm

It will offer services to clients in Asia and Middle East region

How HSBC Global Private Banking is adapting to meet the changing needs of its clients

Wealth creation is still on the rise, with the number of affluent individuals in Asia-Pacific expected to outstrip all other regions

Labuan IBFC receives commendation as international domicile at the European Captive Awards 2022

Accolade acknowledges continued strong interest in the domicile’s captive structures, particularly from the European segment

Vontobel Bids Farewell to Private Clients in Hong Kong

Vontobel launched a private client business in Hong Kong eight years ago, at a relatively late juncture.

Credit Suisse flattens its Apac wealth management organisational structure

CIMB's Andrew Lee finds safety in domestic bond funds

CIMB Private Banking's investment head has been less impressed by the performance of absolute return funds.

Hurun: Chinese Billionaire Wealth Falls Sharply

This year has seen the biggest fall in the Hurun China Rich List of the last 24 years,» said Hurun Report Chairman and chief researcher Rupert Hoogewerf.

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.

Wealth and Asset Management