What can wealth managers do when clients insist on investing in something that is clearly not in their best interest?
Tag: Wealth Management
OPINION: Talking clients through a market plunge
As volatility roars back, with major markets all negative year-to-date, client expectations also go through wild swings.
Asia strength shines through Credit Suisse $2.9bn net loss
The bank’s net new assets in Asia doubled y-o-y in Q4, but Credit Suisse reported the worst annual loss since 2008.
Report: Barclays wants to sell Asian WM unit
The UK-based bank is exploring the sale of the Asia unit amid declining revenue for its global wealth management business, according to reports.
London & Capital remains a China bull
Philippe Legrand, co-founder of the wealth management firm in Hong Kong, reveals two recent fund selections that underscore his asset class views going into 2016.
Chinese boutique fund house sets up EAM desk
Shenzhen-based boutique Munsun Asset Management is building a team to service private clients, as it sees Chinese individuals and families looking to diversify their international exposure.
China policies unnerve wealth managers
Discretionary wealth manager Arbuthnot Latham has slashed its China allocation and invests in only two funds for its Asia exposure, said Peter Doherty, investment manager for the London-based private bank.
The message that says nothing
An appeal to Asia’s wealth managers to create a clear and crisp distinction among themselves – or continue to see wealth leave the region.
StanChart adds funds to align with views
Three recent fund choices reflect Standard Chartered Private Bank’s views on the overweights it made a few weeks ago, said Steve Brice, chief investment strategist for group wealth management.
DBS Private Bank plans to expand alts
Market volatility is driving investor interest in alternatives, and Singapore’s DBS Private Bank plans to onboard more alternative asset managers while adding staff with expertise in this area, said Kelvin Tan, head of investment funds.
