Managers of Wealth Asia Pacific

Evergrande begins repaying wealth product investors with property

An estimated $6bln in Evergrande wealth management products are outstanding

UBS opens new philanthropic chapter in India

UBS Optimus Foundation's India expansion comes as the bank’s philanthropic activities gather pace around the globe, with new initiatives in climate, health, education, child protection and social finance.

T. Rowe Price closes Aussie overweight after a year

T. Rowe Price has moved its asset allocation to Australian equities from overweight to neutral after a year as it believes economic growth has now peaked.

Nomura’s Wealth Push Pays Off With Fee Income Balancing Risks

Nomura is among Japanese brokerages under pressure to increase income from businesses

DBS Private Bank sees surging client demand for in-house managed investment products

In the past year alone, AUM more than doubled to SGD 10 billion.

How the world’s largest family businesses are proving their resilience

The family businesses in the 2021 Index collectively generated US$7.28 trillion in revenues, employed 24.1 million people and were distributed across 45 jurisdictions.

Standard Chartered eyes threefold increase in wealth management revenues from Greater Bay Area

Bank says its has applied to the Hong Kong regulators to launch wealth products, some of which will invest in new economy and new energy sectors

AIA Thailand investment unit’s assets to top 1 trillion baht by year-end, report says

The firm was set up in August 2020 with 847 billion baht of assets transferred from AIA Thailand, housed in five domestic funds and four foreign funds.

Japan’s structural reform to benefit investors

There are now more varieties of activist investors, including the old school “asset stripper” (greenmailer), entities focusing on constructive engagement and others that take a more hands-on approach.

Pictet Asset Management Launches First Qualified Domestic Limited Partnership Fund in China

The fund is an absolute return long/short credit strategy, focusing on financially stressed and distressed companies, predominantly in Europe.

Wealth management move for bfinance

The report says that high-net-worth individuals (HNWI) control an estimated US$88 trillion, which would make it about twice the size of the global pensions market.

China Wealth Connect With Hong Kong to Kick Off Next Month

Wealth Connect targets affluent region with 70 million people

Asian lockdown resists reopening

The good news is that most Asian markets benefit from low foreign holdings of domestic assets

China launches pension wealth management product pilots in four cities

The pilot products will last for a year from Sept. 15, and each institution involved can raise up 10 billion yuan ($1.55 billion) of products, the statement from the China Banking and Insurance Regulatory Commission said.

Indebted China Evergrande vows to repay all matured wealth management products

Sources told Reuters on Thursday that some creditors had agreed to extensions on loan repayments, but market watchers say that may only buy the company a short period of time.

As They Hasten to Cozy Up to China, M+ Museum and Credit Suisse Have Let Freedom of Speech Fall By the Wayside

Artist Ai Weiwei responds to museum censorship and Swiss outrage over his dissident ideas.

Convid-19

Psychological operations have always been a part of war.

StashAway, the largest digital wealth manager in Singapore, launches in Thailand

In addition, The World Economic Forum has recognised StashAway for its innovative technology, naming it a Technology Pioneer in 2020.

BNPP AM Australia recognised as a responsible investment leader

The report shows that just one quarter of investment managers are practising a leading approach to responsible investment

Wealth Management Connect: Waiting for the Floodgates to Open

The scheme creates a tantalising cross-border market of more than 70 million people for a wide range of financial products.

Wealth and Asset Management