06/24/2020
Wealth preservation rated top concern among Asia’s HNWI
Alternatives, multi-asset and fixed income are the three most sought-after strategies
Wealth and Asset Management
06/24/2020
UBS to Offer “Free” SMAs from Third-Party Asset Managers
“At the same time, we’re investing in our advisors’ success, enhancing our advisory value proposition, and giving clients increased pricing flexibility.”
06/24/2020
Quilter International Research reveals that Hong Kong investors prefer Traditional Asset Classes
Hong Kong HNWs show a degree of regional-bias in their investments and around half of all asset classes are invested in Asia.
06/24/2020
Fidelity International extends 6 months parental leave to fathers
Policy change by London-based asset manager designed to boost gender diversity
06/24/2020
Bank of Singapore, PEs bid for stake in Edelweiss Wealth
A stake sale will help Edelweiss, which is battling rising bad loans and liquidity issues, raise funds for its credit businesses.
06/23/2020
Seaspray launches Wealth Management Division
These derivatives allow investors to take a stake in an index representing a basket of stocks, with capital protected in full unless that index falls below a particular threshold on a specific anniversary date.
06/23/2020
May net inflows fall slightly at St James's Place
We remain encouraged by the inflows we are continuing to experience and expect June gross inflows to be similar to May
06/23/2020
Private wealth service provider sets up UK estate planning unit
The new service has been set up by ZEDRA who specialise in helping people to plan for the future.
06/23/2020
National Bank of Oman Wins Highly Acclaimed ‘Best Private Bank, Middle East’ Award
National Bank of Oman (NBO) has been granted the Highly Acclaimed: Best Private Bank, Middle East Award from Digital Banker’s Global Private Banking Innovation Awards 2020.
06/23/2020
Whisky fund launched in Hong Kong
Alternative investments have become one of the most sought-after strategies by HNWIs in Hong Kong and Singapore.
06/23/2020
Bankruptcies and the dangers of fixed income ETFs – SFAMA’s Fuchs
However, there are two categories of asset managers that he said are capable of expanding into countries in these regions.
06/23/2020
Bellevue admits to accounting error in 2019 annual report
Not including the revised figures, Bellevue had announced a 30% rise in pre-tax profits to CHF 39m and group net after-tax profit of CHF 11m for 2019
06/23/2020
GAM warns on profits as it takes £350m hit
The impairment charge means Gam expects to report a net loss of £338m for the first half of 2020, compared with a £42m net loss for the same period last year.
06/23/2020
St James's Place funds continue to rise
Positive net inflows helped St James's Place increase its year-on-year funds under management in May.
06/23/2020
Transformation of Wealth Management: Five Trends
Wealth Management firms that have not yet repositioned their business models and technology architecture need to future-proof their businesses.
06/23/2020
Private banks to ramp up hiring for Chinese offshore wealth management
The banks now aim to increase hiring by up to 30% over the next year in these units.
06/23/2020
The World's 50 Best Bars Launches Global Fundraising Auction
50 Best is committed to using its platform to help fight for equality in the hospitality sector.
06/23/2020
Sanlam Global High Quality Fund Named as “Top Performer”
Well done again to Pieter and the team for adding yet another accolade to their growing roster which currently numbers 12!a
06/23/2020
Multi-Family Office Opens VCC
The VCC will also allow funds to be re-domiciled in Singapore to better tap into Asian markets and enjoy tax incentives and treatments available to investment funds in the city-state.
06/23/2020
Envysion Wealth Management sets up Variable Capital Company
The first sub-fund strategy under Envysion Global Investments VCC is a unique alternative investment in commodity trade receivables; specifically, in the receivables of nickel.