11/02/2020
AMP Says Ares Offer Values Wealth Manager at $4.5 Billion
The disclosure of the offer price may now flush out other bids.
Wealth and Asset Management
10/30/2020
Lombard Odier’s CEO for Asia on the Importance of Focus and Consistency
Lombard Odier today has two value propositions in the region: the high net worth family services practice, and investment services.
10/30/2020
M&A reorders asset management industry’s top echelons
Number of firms with US$1 trillion-plus AUM expected to increase
10/30/2020
Julius Baer Plans China Wealth Venture
China is a key market for Julius Baer, which in Asia is overseen by wealth veteran Jimmy Lee.
10/30/2020
VP Bank's Paul Arni: «We Want to Expand Our Regional Network»
The bank has bulked up in Asia considerably recently, upgrading its Singapore branch to a wholesale bank in 2018 as part of its expansion bid in the region.
10/29/2020
Citi wins Best in Asset Servicing Award at The Asset Triple A Awards
In virtual awards ceremony, the bank is recognized for being an all-around asset service provider with optimal balance of geographical footprint and depth of services
10/29/2020
Utmost Wealth Solutions Announces the Launch of New Focus (Singapore) Product
Singapore is an important market for Utmost Wealth Solutions as it focuses on capturing the wealth trends in Asia and developing solutions to meet the sophisticated requirements of this client base.
10/29/2020
IOOF 'expands reach' in $820b wealth platform market
IOOF said this was "broadly consistent" with the quarterly outflows experienced under the bank's ownership.
10/29/2020
Ex-EFG Banker Acquires Majority Stake in Crossinvest Asia
The family-owned business will expand its resources, enhance its private equity and venture capital arms and further develop family office services
10/29/2020
Standard Chartered underlying profit drops 40%
Lower interest rates continue to impact income but we remain well-positioned to meet our financial targets
10/28/2020
Singapore’s Lion Global Investors sets up curated portfolio team for retail investors
The team will oversee their “needs and demands across the entire investment value chain”, the asset manager says in a statement on October 22.
10/28/2020
Jack Ma's Ant Group set for record $34bn market debut
Mr Ma's Ant shares are reportedly worth about $17bn, taking his net worth to close to $80bn and confirming him as China's richest man.
10/28/2020
HSBC – conditions stabilise, but not one to bank on just yet
The board “will consider whether to pay a conservative dividend for 2020”, with any decision to be announced alongside full year results in February.
10/28/2020
China’s bond market: a space to watch by Yii Hui Wong, Nikko AM
Investment Insights by our experts and thought leaders
10/27/2020
HSBC Holdings plc 3Q 2020 Earnings Release
Results in 3Q20 included our share of an impairment of goodwill by our associate, The Saudi British Bank of $0.5bn.
10/26/2020
Wealth Management in the Time of a Pandemic
“Our carefully-curated webinars and expert guest speakers have given us new opportunities to communicate with clients so we can continue helping them address common business and investment concerns,” said Atty. Sheila Marie U. Tan, BPI AMTC Pr
10/26/2020
Creative Uses for Captives in a Hard Market: A Practical Case Study
Most captive owners will have a well-established Enterprise Risk Management process which is an integral part of managing their business.
10/26/2020
Icapital Network targets expansion in Europe and Asia
iCapital currently has US$8bnfrom non-U.S. investors, making it one of the largest alternative investment platforms outside the U.S.
10/23/2020
Hubbis Mini-Survey of Asia’s Independent Wealth Management Community
In conducting the Mini-Survey here, our objective was to glean a snapshot of the key issues and operational risks faced by these IWMs, 59% of which are IAMs/EAMs, 35% of which are MFOs and 6% of which are brokerages.
10/23/2020
AMP Australian wealth management unit's assets under management edge higher
The 160-year old company said assets under management at its flagship division edged 0.3% higher to A$121.4 billion ($86.39 billion) as of the end of September from three months earlier.