Two wealth management recruiters have left for pastures new, as search executives point to the difficulties presented by regulation.
He says private banks will win the race for Asia's wealth and explains how he intends to go about it. He talks about his time at Goldman, and what asset managers must do.
The use of private banks by Asian family offices is set to shrink in the next few years, say FO executives, who concede they themselves face significant challenges.
Tsukasa Miyachi joins as a managing director to focus on Indonesia as one of a quartet of additions in Southeast Asia. The firm has over 100 private bankers covering Asia-Pacific.
They are positive about China and the eurozone, while emerging markets become the second most actively used asset class. Changing regulation is seen as the main challenge.
Claude Haberer, Asia wealth management head, sees Pictet's new HKMA banking licence as a key step towards regional expansion and talks about his hiring, distribution and ...
The third and final member of the group’s Singapore-based wealth management consulting team left last week, but new hires are planned.
The newly created role underscores the firm's push to expand its global investment advisory business among investors including private banks and family offices.
A slew of bad news overshadowed one of the stories of the summer: how regulators are making headway against tax evasion. The landscape is changing for good, writes Scorpio.
UBS adds to its wealth management team across countries and specifically in the ultra-high-net-worth division. Senior hires include Alun Branigan as head of corporate advisory.
The Malaysian fund manager aims to boost its high-net-worth client base to 10% of its total assets under management from under 2% at present.
Effective brand strategies are critical to success, increasingly so in China. Scorpio Partnership highlights five steps that wealth managers use to create a positive impression.
Oppenheimer Investments Asia forges an alliance with Taiwan’s SinoPac, in the wake of a similar deal with Hyundai Securities.
The not-for-profit organisation begins an international programme to arm professionals with appropriate skills and adds a Greater China element in response to industry demand.
Finally, a set of guidelines drafted by private banks for private banks, says Catherine Tillotson of Scorpio Partnership.
The private banking business faces a good cop/bad cop choice for wealth management.
Gold is the second most popular inflation hedge, while few retail investors in Asia make much use of inflation-linked bonds, say wealth managers polled by Barclays Capital.
Retail funds look set to provide faster asset growth than institutional business, says the head of Manila-based BPI Asset Management, which is about to launch a funds trading ...
Scorpio Partnership’s latest research suggests financial services are far behind luxury brands when it comes to impressing China’s newly rich.
The bank appoints Francesco de Ferrari as market area head of private banking for Singapore, Malaysia and Indonesia. Meanwhile, Julius Baer appoints Peter Siber as chief risk ...