04/04/2022
Wealth02 rebrands business following mergers
A new company logo and corporate website was planned for launch in May 2022.
Wealth and Asset Management
04/01/2022
Empowering families on their wealth planning journey
Singapore has one of the most competitive tax regimes internationally with relatively lower tax rates compared to other countries.
04/01/2022
Asset Management Fintech Republic Expands to Asia
The company has already received backing from South Korean investors
04/01/2022
China Citic Bank International signs investment tie-up with Cachet AM
The tie-up will see Cachet provide asset allocation and personalised investments to the bank’s ultra-high-net-worth customers in mainland China and Hong Kong as an external asset manager (EAM).
04/01/2022
Global Investment Committee’s Outlook: Stagflation-lite, cautious on both equities and bonds, except positive on Pacific equities
Global economic recovery slightly below consensus, with inflation above consensus
04/01/2022
Toscafund to open Hong Kong office as asset manager seeks Asian wealth opportunities
Toscafund was founded in 2000 by Martin Hughes, the former chairman of Tiger Management Europe
03/31/2022
Deutsche Bank wins Ministry of Finance Thailand’s Sustainability Bond Contributor award
Additionally, the Sustainability Bond Contributor is recognised for its role in promoting activity in Thailand’s government bond market through direct investor outreach and education, as well as active engagement with bond market stakeholders.
03/28/2022
Mizuho Targets Cash-Poor Millionaires in Wealth Management Push
Mizuho sees growth in loans for individuals running startups
03/28/2022
A new hope for wealth and investment managers?
The greatest challenge to the industry to continue the current level of growth is most likely to be how to achieve scalable and cost-managed growth.
03/24/2022
Rothschild head of M&A for Australia Chris Forman dies, 48
We are deeply saddened by Chris’ passing
03/20/2022
Why are more family businesses turning back to the family office model?
Only 34 percent of US family businesses have a “robust, documented and communicated” succession plan in place.
03/18/2022
Credit Suisse Looks Beyond China
Gottstein underlined various challenges in the China market including its persistent zero-Covid policy, the tech crackdown and geopolitical risks alongside team shifts from Hong Kong to Singapore.
03/18/2022
Asset managers freeze funds in Asia with Russia exposure
Belarus has not directly taken part in the invasion but supports Russia in the war.
03/17/2022
Schroders Singapore launches new Global Private Equity Fund
The fund is targeted at UHNW investors looking to achieve potentially higher returns and greater portfolio diversification by accessing the often hard-to-reach global private equity markets.
03/17/2022
UBS to sell its holding in its Japanese real estate joint venture
The transaction is expected to close in April 2022, subject to required filings and regulatory approvals.
03/17/2022
Hong Kong expands wealth management connect to brokerages
Opening up of the scheme to brokerages will further increase the competition for participating banks for an estimated $500m in annual fees.
03/17/2022
UBS, Citi wealth clients get margin calls on China tech rout
While stocks recovered some ground on Wednesday, they are still trading at depressed levels.
03/16/2022
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
The move would need approval by mainland Chinese regulators.
03/16/2022
BNP Paribas Sets up Asset Management JV in India
The Indian mutual fund industry is witnessing strong growth.
03/16/2022
Hong Kong Pushes to Open Greater Bay Wealth Connect to Brokers
The move would need approval by mainland Chinese regulators. An SFC spokesperson declined to comment.