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.
Tag: Asia Pacific
BNY Mellon IM names APAC distribution head
The boutique manager has hired Invesco’s ex-head of regional institutional sales.
IMF: Risks dominate APAC outlook
The International Monetary Fund warns of rising debt risks in Asia, as well as China’s likely “substantial spillovers” in the near term.
Survey: IIs look to factor investing for higher returns
More than 60% of institutional investors are hoping to increase the use of factor-based investment strategies to drive higher returns, according to a Blackrock survey.
UBS WM reports Asia income growth
In 2015, Asia wealth management income rose while other regions were down.
Asia Pacific HNWI population grows 8.5% in 2014
The Asia-Pacific was the fastest growing region in 2014 for high-net-worth individuals, those with $1m investable assets.
Julius Baer names new APAC head
Jimmy Lee, who spent 11 years at Credit Suisse, will take over as the bank’s Asia-Pacific head in 2016.
Morningstar makes APAC appointment
The investment research house has appointed Jamie Wickham as head of products and client solutions for Asia-Pacific.
Institutional investors on tail risk events
Institutional investors in Asia-Pacific are more concerned about tail risk events such as oil price shocks, new asset bubbles or geopolitical tensions compared to their global counterparts, according to a study by Allianz Global Investors.
Asia worlds richest region by 2016
Asia-Pacific is expected to overtake North America as the region with the largest amount of private wealth by 2016, according to a report by the Boston Consulting Group.
