Singapore's asset management industry needs to chart its journey of change in an era of digital disruption and a growing pool of wealth sitting with the young.
Opportunities abound for insurers in the region, given its growing household wealth, which is set to outstrip North America by 2023, but competition is fierce.
GAM CEO David Jacob speaks to finews.asia about the battered asset manager's prospects to stay independent as it recovers from a disastrous whistleblowing scandal, and about shareholders' refusal to grant absolution.
The recent fall in stock prices is making clients of private banks nervous. Uncertainty is bad for business, as has been the case in 2018. Here are some recommendations for wealth managers.
Asset manager T. Rowe Price has opened its archives for finews.asia. A closer look at the historical documents reveals a new perspective on the history of asset management. Here is part two.
After seeing success in established Asian markets, the Swiss private bank has its sights on HNWIs clients from Indonesia and China.
Ex-GAM fund manager Tim Haywood showed up to the asset manager’s annual meeting in Switzerland, but investors aren't getting a chance to hear from him, as finews.asia can reveal.
The Monetary Authority of Singapore will transfer parts of its official foreign reserves to the Government for longer-term investment. The amount is the excess over what MAS deems necessary to maintain confidence in Singapore’s exchange rate-centered monetary...
Two finance executives saw their budget for air travel slashed. Is this a sign that climate concerns have reached the finance sector?
Private banking clients in Hong Kong have been accustomed to free advice, despite significant and growing investments made into market research, product selection and a myriad of platforms.
HSBC, Europe’s largest bank, derives 80 percent of its profits from Asia – finews.asia examines the implications.
The global wealth management brand of Crédit Agricole Group has announced a new hire from UBS.
The payments giant is set to make India a vital node in its global infrastructure, which will serve other markets including Southeast Asia.
Global wealth migration is accelerating. About 108,000 millionaires migrated in 2018 compared to 95,000 the year before. Where did they go to?
The Americas are the motor behind the wealth management of UBS. The bank is currently revamping its business in that crucial region, hoping that it will receive a welcome boost from clients.
The Monetary Authority of Singapore said it is studying the licensing regime to admit fintech firms without banking parentage.
The long-standing head of Union Bancaire Privee's wealth management arm left the private bank last week, as finews.asia reported. Now he reappears at another renowned firm.
The move comes as HSBC Singapore looks to strengthen its regional coverage and increase its headcount across its entire business by more than 10 percent over a three-year period from 2018.
The paper-filled world of trade financing is ripe for reform as the expertise of forgers in faking documents used by banks is forcing the industry to digitalize.
Clients of Swiss private banks are getting increasingly demanding with respect to their investment portfolios. A simple offering containing a range of equities won't do anymore.
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