03/24/2023
Iqbal Khan is keen to keep CS wealth managers in Asia
Credit Suisse, which was taken over by UBS, traditionally has strong roots in the Asian economic region and is best known for its business with wealthy Asians.
Wealth and Asset Management
03/24/2023
Hong Kong family offices to get tax concessions in revamp
That’s despite years of protests, Covid lockdowns and Beijing’s tightening grip driving rich families to rival hubs in Singapore and Dubai.
03/23/2023
Julius Baer Announces Six Winners from Asia for the Next Generation Art Prize 2023
The Winners each win USD10,000 and a place in an exclusive three-month Art and Technology Accelerator programme led by non-profit organisation The MeshMinds Foundation.
03/23/2023
Thailand’s Chearavanont family plans to open family office in Hong Kong
In its effort to portray the city as a wealth management hub in Asia, the government of Hong Kong is set to unveil a series of incentives for family offices at a summit to be held tomorrow.
03/21/2023
Private Banks Vie for Post-Merger CS Assets in Asia
As UBS absorbs the newly acquired Credit Suisse, one of the key matters that will be closely monitored is the movement of client asset flows, especially in the core wealth management business.
03/21/2023
Asia and Middle East family office trade bodies join forces
In a bid to develop the industry across both regions
03/20/2023
Hywin Holdings Leads Client Delegation to Hong Kong to Deliver the Global Proposition
The delegation was led by Roland Song, Head of Hywin Family Office, and consisted of 30 UHNW clients who were shrewd investors, entrepreneurs, and patriarchs/matriarchs keen to assess succession solutions to ensure family cohesion.
03/17/2023
J.P. Morgan Asset Management Launches JPMorgan Active China ETF
The newest active ETF offering focuses on China equities
03/17/2023
HSBC Taiwan wins five Wealth Magazine awards
As the only foreign bank in Taiwan with a global presence, HSBC has observed rapid growth in Taiwan’s wealth management market in recent years.
03/15/2023
DWS Wins Multiple Awards in Asia Pacific
The annual Asian Private Banker’s Asset Management Awards for Excellence honours and identifies outstanding providers of asset management products and services to private banks in the Asia Pacific region.
03/15/2023
Goldwater Launches One-Stop Wealth Service
Leveraging technology and flexible mandates, the firm will formulate personalized trust solutions that cover personal and family protection, retirement planning and long-term asset arrangements.
03/15/2023
HSBC Mines MENA Wealth Opportunity in Singapore
To cater to this demand, HSBC Global Private Banking formed a coverage team in the city-state in 2022 to work with existing colleagues in the Middle East where it has a significant existing presence.
03/14/2023
Family offices in S’pore may face talent gap amid stronger demand
Family offices are private firms set up by wealthy families to manage their investments and assets.
03/09/2023
LGT foresees long-term growth in Thailand
LGT selected Thailand as its third regional market in part because of Bank of Thailand and SEC support for Thai offshore investments.
03/08/2023
Int'l Women's Day: Asia's Most Influential Private Bankers
Due to a number of factors involving socioeconomics, culture, history and more, this has been the case since the industry’s early days and the trend is likely to persist.
03/07/2023
Wealth managers urged to tap into growing market of women seeking financial advice
Wealth managers are being urged to act now in order to tap into the growing market of women seeking financial advice.
03/06/2023
Credit Suisse offers higher deposit rates in Asia to woo the wealthy – sources
Credit Suisse is also offering a rate as high as 7 percent for one-year deposits, the sources told Reuters.
03/06/2023
China border reopening kick-starts doubling of Standard Chartered wealth-management income in Hong Kong, executive says
Sales of insurance to mainland visitors will return to the pre-Covid level in the second quarter, senior executive says
03/03/2023
Singapore Wealth Firm Sees Rapid Growth Catering to Rich Families
Farro says it amassed over $1 billion in assets since October
03/02/2023
WealthTechs win by managing wealth and not the wealthy
Traditional wealth managers often have their eyes locked on servicing high net worth (HNW) and ultra-high net worth (UHNW) clientele.