While multi-family offices have much scope to grow, they also face cost pressures and rising expectations from the ultra-wealthy individuals they serve.
Asset managers, advisers and distributors in India say planned rules to separate provision of investment advice from sale of mutual funds will hamper investment industry growth.
Wealth advisers agree that high net worth investors are increasingly turning their attention to outright asset performance when it comes to investing via funds.
The region's family offices are keen on real estate, equities and increasingly US private credit, according to a joint report by UBS and Campden Research.
Weaker growth numbers and high equity valuations could lead more foreign investors to trim positions amid some profit taking, say market experts.
A start-up platform that rates fund selectors is seeking more Asia participation, but that could be a tough slog given the low penetration of funds in the region, according to experts.
Hang Seng Bank aims to add to its selection of alternatives funds and enhance its digital platform, says Rosita Lee, head of investment products and advisory.
China is regaining its lustre with clients, according to Rosita Lee, head of investment products and advisory business at Hang Seng Bank.
Grizelda Lee has been promoted as the new head of discretionary portfolio management, replacing Pascal Meilland, who has left the company.
Passive investing is to blame for overvalued assets in some markets, and risk management systems may exacerbate the problem, says the Swiss private bank's Singapore CIO.
The Shenzhen-based group is expanding its presence in Hong Kong and has other overseas branches in the pipeline in Europe and the US, in a bid to sustain its rapid growth.
Illiquid investments such as aircraft financing, cat bonds and student housing are drawing interest, says Aman Dhingra, Singapore head of advisory at the Swiss private bank.
The bank's Hong Kong head of investment product and advisory outlines how it is looking to encourage clients to make greater use of funds and discretionary management.
Asian investor short-termism is seen as partly to blame for the shift, which came amid the region’s strong stock rally this year. Balanced and bond funds, by contrast, drew strong flows.
China Merchants Bank posted the fastest asset growth among private banks globally last year, and industry observers say mainland firms are well positioned to continue this trend.
The firm's Asia head of investments explains where he is seeing appetite among clients, pointing to their rising awareness of socially responsible strategies.
With rules tightening around the financial technology sector and competition growing fiercer, the environment is getting tougher for smaller players, note industry observers.
The firm's investment head for Asia says it's hard to find pure-play products for robotics and and cyber-security, which are both increasingly popular themes among clients.
Firms with less than $10 billion in Asia-Pacific AUM will need a strong discretionary business to run a profitable operation, say experts. Use of technology will also play a big part.
Several external asset managers in Asia are said to be wooing prospective acquirers, including private banks. But would such moves benefit clients?