Investment returns and store of value are key factors behind their interest, according to Capgemini's annual wealth report. But are wealth managers ready to aid them?
It is increasingly difficult to capture the breadth of experience necessary to deliver a holistic advice service to families, say family office experts.
Jansen Phee of UBS Wealth Management discusses how the Swiss private bank decides to remove fund products from its funds platform.
The head of UBS's fund selection for Asia discusses how the Swiss bank combines qualitative fund analysis with quantitative performance to hone in on preferred products.
Impact investment offerings created by private banks are not always tailored for Asian high-net-worth individuals, a family office executive said at the Family Office Forum held last week.
More sanctions related to investment product sales are expected after the Hong Kong unit of Chinese wealth manager Noah was fined last week. Fund houses should be concerned too.
Despite the hype, fintech remains of little use in helping family offices cope with the issues of rising compliance burdens, delegates heard at AsianInvestor's Family Office Forum.
The Chinese institution is close to becoming one of the world's biggest private banks by assets under management, a survey by Scorpio Partnership shows.
Sustainable portfolios and impact investing are gaining ground with Asian investors, although the pace remains slower than in the rest of the world, wealth experts said.
Product distributors in Asia are seen to be eyeing more factor, income and alternative strategies, with equity volatility expected to remain high and interest rates set to rise.
The head of wealth management products at Beijing-based CreditEase discusses portfolio recommendations for 2018 and how the company builds relationships with clients.
With $15 billion under management, the Chinese group's wealth management arm employs a rigorous screening process to pick managers, with a focus on alternative investments.
Wealthy Thai investors are seeking out advisors who can manage money onshore as foreign investment restrictions are eased and political calm returns, wealth managers said.
Hedge funds are gaining traction among Asia's high net worth individuals, with 2018 showing surging interest amid increased market volatility, say fund selectors and investment advisers.
The dollar downtrend is boosting portfolio returns and encouraging some wealthy investors not to hedge their currency risks, experts say, but it's a gutsy move.
Wealth managers at the island's banks are facing increasing criticism over their habit of “churning” clients into new funds. It is fragmenting the industry's overall asset base.
BNP Paribas Wealth Management has poached an executive from LGT Capital Partners, and other private banks are also looking to strengthen their direct investment teams in Asia.
Cybersecurity and changes to the accredited investor regime are set to impact the wealth management industries of Hong Kong and Singapore, experts said.
China's troves of customer data could help it rapidly develop artificial intelligence investing solutions. But challenges still need to be overcome before it leads the world in fintech.
The country's government is encouraging local financial technology companies to create investing solutions. It could help fill the nation's dearth in experienced investment advisers.