Updates to Hong Kong's trust law for the first time in almost 80 years will encourage trust companies to set up shop here. Yet the city must focus on attracting young talent.
Tag : wealth
The bank has expanded the remit of its management team in Singapore to take account of its fast-growing South Asia business. It aims to centralise resources.
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The finance ministry has proposed merging four state-run pension funds into a $240 billion sovereign fund, but managers doubt the entity will issue more external mandates.
Indians, Indonesians, Malaysians and Thais seem more content about their life-wealth balance than Hong Kongers, Singaporeans and South Koreans.
At the launch of its Hong Kong office, London & Capital highlights its role as an independent asset manager and discusses why Asia is the go-to place for all wealth managers.
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.
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.
Sumitomo Mitsui Banking Corporation, Barclays Wealth and Nikko Cordial Securities announce a private banking joint venture in Japan.
Abhisit Vejjajiva also underlined a commitment to reforming the country's financial system in an address to delegates attending AsianInvestor's conference in Bangkok.
High-net-worth investors continue to shun alternative investments, as private banks increasingly favour in-house product, according to research by Scorpio Partnership.
Strategist Aaron Gurwitz explains why 2010 is the time for investors to get exposure to equities and Asian currencies.
Abhisit Vejjajiva also underlined a commitment to reforming the country's financial system in an address to delegates attending AsianInvestor's conference in Bangkok.