wealth management

Retail Asia28/07/2023

Swiss wealth and asset manager Vontobel delivers strong first-half results as the wealth management unit performs strongly. However, institutional investors «continue to defer investments which was reflected in negative outflows. The firm plans to hire over 50 Relationship Managers this year. Vontobel reported that its wealth management unit delivered «very strong» performance in the first half, […]

Retail Asia11/08/2021

UBS and Sumitomo Mitsui Trust further their two-year alliance with the latest launch of a wealth management joint venture in Japan. UBS and Sumitomo Mitsui Trust Holdings (SMTH) has launched operations under joint venture UBS SuMi TRUST Wealth Management, according to a statement, across Japan in Tokyo, Osaka and Nagoya. The new company is the first […]

Retail Asia11/09/2019

BNP Paribas Wealth Management loses three senior Greater China private bankers, sources said, after shortlived stints of under 12 months. Andrew Wong, Peter Lam and Richard Chi will exit the French lender’s private wealth management arm. A spokesperson for the bank declined to comment on the exits. Wong joined the bank in late 2018 as head of China at […]

Retail Asia05/12/2018

Investors buy a high percentage of high-end residence purchases in Vietnam, while occupiers take most of the low-end ones. A recent report by real estate market research firm Savills Vietnam, Vietnam Residential Spotlight, says over 70 percent of grade A (high-end) residence buyers in Hanoi are investors. The ratio in Ho Chi Minh City is […]

Retail Asia14/11/2018

Maybank Asset Management Group (MAMG) expects its assets under management (AUM) to increase between US$30 million (RM126 million) to US$50 million (RM209 million) in the next two years, following its collaboration with Schroder Investment Management (Singapore) Ltd to co-develop investment solutions for sophisticated investors. As of end September 2018, MAMG’s AUM stood at RM33.7 billion. […]

Retail Asia13/02/2018

Singapore-headquartered and listed lender DBS Bank Ltd (DBS) announced on Monday that it has completed the acquisition of Australia & New Zealand Banking Group Ltd (ANZ)’s wealth management and retail banking businesses in Singapore, Hong Kong, Mainland China, Taiwan, and Indonesia. In a statement, DBS said the last tranche of the migration was successfully conducted […]

Tag: wealth management

Wealth Management the One Bright Spot at Vontobel

UBS Launches Wealth Management JV in Japan

Greater China Trio Exits BNP Paribas Wealth Management

Investors dominate sales of Vietnam’s high-end homes

Maybank Asset Management sees AUM expanding US$50m in next 2 years

DBS completes acquisition of ANZ’s wealth, retail units in five Asian markets