As Southeast Asians accumulate wealth, they will likely invest more in non-traditional assets, including real estate and insurance products. That looks set to deplete industry AUM.
Tag : southeast asia
The French asset manager, which sources most of its Asian money from institutional investors, is turning its efforts to the retail business in Southeast Asia.
Stephen Grundlingh, the firm’s head of Southeast Asia, highlights several trends among private banks in the region.
The offshore law firm has set up in the Lion City to service Southeast Asian clients who feel Hong Kong is growing increasingly focused on Greater China.
In an exclusive interview, the former head of DBS Asset Management talks about her senior relationship management post at the UK bank and what brought her back to the sell-side.
The asset manager wants to add sales staff in Singapore and is readying its China Consumer Fund for the retail market there.
Competition is less fierce in private equity markets in Southeast Asia than in certain other countries, but investing there raises other issues, say general partners.
Soh Chye Guan and Errie Maksum will join as market heads of Singapore/Malaysia and Indonesia, respectively, with four other bankers also coming on board in the Lion City.
The US asset manager plans to exploit Singapore's strength as a wealth-management hub, says Southeast Asia head Piau Lim.
Bank of America Merrill Lynch hires Lim Eng Guan as head of global wealth management for Southeast Asia.
Tan Su Shan, Morgan Stanley's head of private wealth for Southeast Asia, will join the Singaporean bank in July, where she will also oversee asset management.
The Singapore-based Southeast Asia private-equity specialist is looking ahead to a second, bigger fund.
