The number of millionaires is expected to double by 2026, according to Credit Suisse’s annual Global Wealth Report.
Category: Markets
BOCHK partners on RMB-denominated green fund
Bank of China’s Hong Kong subsidiary partners with South African asset manager Ninety One exclusively on RMB-denominated green fund.
JPMAM favours IG over high yield
US-headquartered asset manager remained cautious in its fourth quarter outlook.
Invesco maintains overweight stance on bonds
US-headquartered asset manager also lays out constructive stance on China equities during fourth quarter outlook.
Julius Baer buys stake in Chinese investment firm
Swiss pure play aims to tap into the country’s growing onshore wealth management market.
Indosuez makes two appointments in Singapore
The wealth management arm of Credit Agricole strengthens its offering in Singapore.
Schroders launches food and water fund in Singapore
The fund is exclusively offered to HSBC’s retail banking clients in the country.
Bank of Singapore hires head of funds selection
Bank of Singapore names Mahadi as funds selection head.
abrdn loses senior investment specialist
UK-headquartered asset manager shuffles the deck internally following departure.
