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.
Tag: Wealth Management
StanChart Singapore appoints Judy Hsu its new CEO
Standard Chartered Bank Singapore has appointed global wealth management head Judy Hsu as its CEO, effective 1 October.
BlackRock signals trend by buying robo-advisor
The world’s largest asset manager said it will buy online wealth management firm FutureAdvisor.
Waterfield expands as Indians warm to family offices
Mumbai-based multi-family office Waterfield Advisors appointed its first head of investment solutions last month amid growing demand from wealthy Indian clients.
China’s Noah reports profit jump
Nasdaq-listed Chinese wealth manager Noah Holdings is expanding its relationship manager team as the firm reports a jump in Q2 net profit, according to CEO Jingbo Wang.
Enhance Group to open Asia office
Citing the growth of private wealth in Asia, the investment and wealth consultancy will open a Singapore office.
UBS WM extends digital platform to Taiwan
The technology aims to align portfolios with the client’s chosen investment strategy and UBS’ view on global markets, according to the firm.
Big data to influence product manufacturing: Cerulli
Digital disruption is upending the wealth management industry and it could also have an impact on the product manufacturing process, according to Cerulli Associates.
Chinese wealth manager to list on the NYSE
China’s rapid growth in private wealth is a factor in Shanghai-based Jupai Holdings decision to launch an IPO.
Wealth management review
Bet on contrarian funds, not the top performers; Asian banks hunting for talent in Europe; Wealth management a drag on Australian banks.
