Managers of Wealth Asia Pacific

China Sets Quota for Wealth Management Link

The quota caps net cash flows in either direction and a quota for the investments of each individual has also been set at 1 million yuan.

Credit Suisse Boosts Asia Headcount

The net hires were made since mid-March across both Credit Suisse’s investment banking and private banking arm.

OCBC doubles Q1 profit, rounds up strong outlook for Singapore banks

Net profit for OCBC came in at a record S$1.5 billion in the quarter ending in March

Swiss bank Julius Baer leases office space in Swire’s Two Taikoo Place, Quarry Bay, in biggest ‘decentralisation deal’ since 2018

The bank, currently based in Central, has leased four floors in the 41-storey skyscraper, in what Colliers described as the largest ‘decentralisation deal’ in Hong Kong since late 2018

Australia, New Zealand sustainable fund assets jump to record high

“The cause of this can be attributed to the fact that there is currently a higher percentage of lower-cost passive investments within the sustainable investments universe,”

Labuan IBFC remained Resilient and Agile amidst a Challenging Business Landscape

Labuan IBFC and its ecosystem remained intact in spite of the sombre business climate and movement restrictions

Asia’s Wealth Management Industry: Adapting to the Needs and Expectations of Nextgen Client

The wealth management community in Asia must not delay their efforts to grasp the opportunity to future-focus their activities and their propositions.

Maybank’s Group Head of Wealth Management on the Bank’s Model and Market Positioning

Lee has presided over the evolution of the Maybank’s private banking model, which is now in its eighth year.

Sarasin buys Bank of Montreal's HK, Singapore private banking arms

They provide a complete suite of private banking and wealth management services to private and institutional clients in Asia and globally.

Macquarie picks up $20b as big banks exit wealth

“It’s an interesting time with all of the structural changes in the market,”

How Inherited Wealth Can Be Fairly Distributed Within Asian Families

The latest figures released by RBC Wealth Management reveal how only 31% of people in Asia have a full wealth transfer plan in place.

Westpac hires Morgan Stanley for super, platforms sale

The business reported $105 million cash profit in the first six months of FY21.

StanChart Beats Forecasts with Improved Impairments

First quarter 2021 results

Sale of the Australian Wealth business

The review considered a range of options and the potential impact on superannuation members and the Group’s people and shareholders.

Rise of third-party asset managers in Apac

Local managers and distributors in Asia Pacific are increasingly open to product partnerships with foreign managers, according to Broadridge Financial.

Working Group to Develop Singapore as Asset Management Hub

«Singapore is uniquely positioned to benefit from the current trend for funds to be domiciled alongside their managers in onshore jurisdictions with substance,»

Aspiri Financial Services To Join Focus Partner Connectus Wealth Advisors

The firm leverages digital tools and tailored processes to deliver customized, holistic advice and a differentiated client experience.

Futu’s wealth management assets reach $1.3bn

The firm’s wealth platform includes 100 fund products managed by 39 global asset managers.

HSBC extends product range to rich clients

They will also be able to subscribe to private placements through HSBC’s online channels in the near future.

Grant Thornton sells Australian private wealth unit

Advisory firm Grant Thornton has agreed a deal to hive off its Australian private wealth business to Oreana Group.

Wealth and Asset Management