Managers of Wealth Asia Pacific

Bank of Singapore rolls out exclusive products for EAMs

Hong Kong CEO Rickie Chan has highlighted efforts to attract financial intermediaries with two new offerings.

Melbourne Capital Group Broadens Malaysian Wealth Management Offering with Strategic Acquisition of Licensed Local Company

The deal sees all employees and clients transfer to Melbourne Capital Group, with operations moving to their offices in UOA Corporate Tower, Bangsar South, Kuala Lumpur.

Survey: 71% wealth owners retain assets in one country

The survey reveals that 47% of family wealth consists of financial assets.

Many Wealthy Individuals Still Concentrate Assets in One Country Despite Global Diversification Trends

The shift towards diversifying asset locations has been driven by various factors, including geopolitical risks, second-home residency, and children’s education abroad.

Labuan IBFC: Asia's One-Stop Wealth Management Hub

Labuan IBFC has a complete ecosystem in place to support wealth management.

Indian billionaire Gautam Adani to overhaul family office after short-selling scandal

Asia's second-richest person is seeking to rebuild his conglomerate’s credibility after a tumultuous 18 months

Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years

"UAE and in particular Dubai have become key destinations for global millionaires post-COVID," Ranjit Khanna

KIBB takes wealth management to a new level

The platform integrates a broad spectrum of offerings into a seamless ecosystem, making it easier than ever for users of the platform to manage their finances.

Philippines: UnionBank expands offers for ultra-rich clients

The bank would focus on expanding offerings such as private debt, asset swaps and more global funds.

The Bank of East Asia, Limited Announces 2024 Interim Results

They emphasized BEA’s continued commitment to providing comprehensive financial services across its extensive network.

Barclays Private Bank sets its sights on accelerated growth in Singapore

The British banking giant’s private banking arm is poised for its next phase of growth in Singapore as it looks to strengthen its top-tier client services and offerings

VP Bank closes Hong Kong branch and reduces staff

VP Bank shuts down their Hong Kong branch and reduces staff due to operational efficiency.

Maybank Private banks on human touch and Asean touchpoints to grow wealth business

On-the-ground presence and wide range of services are enablers of holistic approach to advisory practice

Private Wealth in Japan

Under Japanese income tax law, individuals are taxed primarily based on their residency.

Family offices can be a ‘margin trap’, warns UOB’s Chew

There is a ‘lot of hype’ around the single-family office market but banks need to be selective, Chew Mun Yew, the Singaporean lender’s head of private banking says.

Hong Kong's CIES is off to a bumpy start, experts say

The relaunched CIES is off to a stuttering start due to its complexity and competition, as ultra-wealthy individuals gravitate toward family office tax breaks.

Valverde Enhances Investment Management Technology with Broadridge to Drive Growth in ASEAN Equity

Tech update advances Valverde’s tailored investment strategy capabilities amid ASEAN investment growth

BNP Paribas WM launches EAM desk for Apac

The French bank is the latest in the region to open its doors to the growing cohort of external asset managers in Asia.

UBS: Asia AUM Declines Despite Positive Inflows

This dip occurred despite the region gaining $8.2 billion in net new assets.

Former Banker Who Helped Launder Rp34.5 Trillion In Singapore Diadili

Both Wang Qiming and Liu Kai are Chinese managers and citizens who work in Citibank and the private bank Julius Baer Switzerland.

Wealth and Asset Management