Managers of Wealth Asia Pacific

GAM Opens New Singapore Office

The establishment of an office in Singapore, together with [Bong's] appointment, represents an important strategic step for the firm,» said GAM’s group CEO Peter Sanderson.

Goldman Sachs and ICBC Form China Wealth JV

New about Goldman Sach’s plans to form a wealth management joint venture with ICBC in China first emerged in January this year.

Labuan IBFC Inc. CEO Farah Jaafar recognised as Asian leader in captive insurance, named in Captive Review Power 50

The list is based on votes cast by close to 20,000 professionals in the captive insurance industry, with entrants from around the world, representing the best of the best of the captive industry.

Chinese see private wealth expand

Benefiting from the country's economic transformation and the development of the real economy, the structure of China's high net-worth population is becoming increasingly diversified, according to the report.

China to shore up Hong Kong hub status with wealth management link

HSBC and Citigroup among banks looking to catch tailwind from new investment corridor

Korea insurance fund opens tender for 60 billion won venture capital mandate

Samsung Asset Management is the outsourced chief investment officer of the fund, which was established in 2002 and comes under the Labour Ministry.

Amsler Wealth Management: Positive Outlook for Q2

The Korea Composite Stock Price Index (KOSPI) is expected to continue gains next week even after the recent three-session gain that lifted valuation pressure.

Japan’s Daiwa Plots China Expansion to Tap Wealth Management

Daiwa’s joint China venture is expected to start this month

HSBC hopes to double profit from rich Hong Kong customers in five years by tapping Wealth Management Connect scheme

The largest of the three note-issuing banks in Hong Kong will double its headcount in the wealth management business in the same period, adding 400 new staff this year.

BlackRock, Temasek wealth management joint venture wins licence in China

“The Chinese market represents a significant opportunity to help meet the long-term goals of investors in China and internationally,” Laurence Fink, BlackRock’s chairman and CEO said in a statement.

Citi launches automated securities lending solution for wealth managers

This solution is led by a partnership between Citi Ventures and the bank's Agency Securities Lending (ASL) business in the Asia-Pacific.

Go East: Singapore’s family office boom

As this number continues to rise – and there is no reason to think it will stop – countries are seizing on their economic potential.

StashAway launches a term life insurance product to expand its wealth management offering

StashAway Term Life is a yearly renewable policy designed to give clients a flexible insurance option.

DBS Launches Crypto Trust Offering

The new trust offering is limited to cryptocurrencies currently supported by the bank’s digital asset exchange – DBS Digital Exchange (DDEX) – which includes Bitcoin, Ether, Bitcoin Cash and XRP.

A test of grit and agility in the year of disruptions

The best performers in the asset management industry adapt quickly to the new normal to grow their business

Eyeing up investment opportunities in hospitality

Challenging though the past year has been for the hospitality industry – which has probably suffered more than any other – the outlook is encouraging.

Citi sets sights on 1000 wealth hirings in Hong Kong

In the first quarter of 2021, Citi added more than $5 billion more in net new money.

BlackRock expands China footprint with wealth management licence

BlackRock will "support China in building a sustainable ecosystem for investing," Chairman and CEO Laurence Fink said in the statement.

Macquarie Wrap surpasses $100b FUM

“We’re seeing that Macquarie’s strong brand in this space, our leading platform, and the access to the deep expertise of our people and the broader insights of Macquarie is an offering that is really resonating with advisers.”

HSBC sees strong performance in Asia wealth drive

Wealth revenues surge 57%, wealth balances up 18% in region for Q1 2021

Wealth and Asset Management