Despite arguments that HNWIs want only people to manage their wealth, robo-advisories in Asia are going after a client base that overlaps with wealth managers while some big banks are integrating robo into their advisory services.
Category: Industry trends
China – the source of fintech disruption?
Disruption of the fund industry through fintech is likely to come from mainland China, according to ICI Global.
Taiwan tech offers long-term opportunity – Hermes
Taiwan is home to a number of disruptive technology companies that Hermes senior investment analyst Kunjal Gala believes are worth a closer look.
Asian fixed income stable in global context
The asset class has some insulation from global shocks due to the structure of the region’s two largest economies, said Eastspring Investments CIO of Asian fixed income Boon Peng Ooi.
StanChart: Equities the key theme for H2
Portfolios should still have a significant allocation to equities,
Standard Chartered Bank’s Wealth Management Advisory Group said.
Survey: WM way behind digital trend
Wealth management is one of the least tech-literate sectors of the financial services industry, and is falling well behind non-financial services industries, according to a PWC report.
China sees 4x surge in fintech funding
Interest is in robo-advisors and blockchain-enabled capability around asset management, according to a KPMG report.
Fitch warns on China’s wealth management products
The sharp increase in wealth management products to $3.6trn raises credit and liquidity risks at Chinese banks, the ratings firm said.
Wealth management fees hit 5-year high in Singapore
Wealth management fees more than doubled between 2010 and 2015 at Singapore’s three banks, as Asia Pacific surpassed North America as home to the largest number of high net worth individuals.
BEA: China’s HNWI client base increasing in Hong Kong
Personal wealth is flowing out of China as domestic investors grow increasingly concerned over the markets and economic growth, according to Bank of East Asia.
