At the close of a tumultous twelve months on the markets, hedge fund manager Crispin Odey has described 2011 as a "pretty horrible year", but pointed to opportunities in 2012 presented by cheap prices.
Singapore-based banks are beefing up their operations to manage the USD 25 billion wealth of the city state's 300,000 non-resident Indians (NRI), who have an investment preference for Indian securities and the rupee.
With global markets melting and every asset class straining, wealth managers are facing an uneasy task of managing HNIs’ wealth. In such circumstances,
“The wealth management business in this region is successfully conducted not so much by banks but by private bankers,” he said, adding that it might no longer be the enclave of purely high net worth individuals. “Wealth management now re
AMP Capital Investors, part of Australia's largest wealth manager AMP Ltd, is making a push in Asia to take advantage of improving sentiment towards the region's sovereign risk, a top executive at the fund management firm said.
However, the report found that more than half (54 per cent) of Canadians didn't have a strategy when donating, and instead give on an ad hoc basis.
The bank which services its clients with a personal wealth profile of at least $250,000 of investible assets, will now service the embattled Nigerian clients through its Global Banking and Markets (GBAM) business, from its London , New York and Johannesbu