Posted inIndustry views

What does the industry think? 17 October

FSA has managed to find a bold group of industry thinkers who are unafraid to speak their minds on crucial industry topics. This week: Asia HNWIs.

According to a recent report, in 2015 Asia created one billionaire nearly every three days and accounted for over half of all new billionaires, despite a decline in global billionaire wealth last year.







“As long as fund management fees aren’t cut, I’m on my way to becoming one of them.”

Robert Ruderschmidt, portfolio manager, Overflowing Alpha Asset Management








“Corporate commo is preparing a press release that cleverly implies many of those people became billionaires after using our discretionary portfolio services.”

Louie Zheng, head of discretionary mandates, Global Behemoth Private Bank






“Compliance has so far not found any reason to ban comments on this topic, so we need to give them a little more time.”

Fanny Leung, corporate communications, Absolute Zero Risk Investment Management (AZRIM)








“Good stuff. Survey reports like this that give the billionaire-per-day data help me get our London headquarters to allocate more budget and personnel to my Asia team.”

Ward Wood, head of global distribution, High Quality Asset Management





“Clear evidence that investors have learned from our “Leap for your dreams” ad campaign with the guy in the business suit fist-pumping the air.”

Pollyanna Sim, head of marketing in APAC, StraightTalk Fund Management Group



Part of the Mark Allen Group.