The technology aims to align portfolios with the client’s chosen investment strategy and UBS’ view on global markets, according to the firm.
Tag: Wealth Management
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.
Thailand growth sparks StanChart moves
Thailand’s wealth management opportunity is expanding, which is why Standard Chartered recently set up a dedicated wealth management product group in-country and appointed Sachin Bhambani as the new head of wealth management, based in Bangkok.
Citibank sees more fund choices as Thai regulatory knot loosens
Expectations are that banks in Thailand will soon be able to offer a far wider range of global funds to clients as regulations relax, said Vira-anong Phutrakul, managing director and head of retail banking at Citibank in Bangkok.
UBS introduces wealth management app in Asia
The firm said the app tracks a client’s portfolio, tests it against critical risk factors and sends a notification when the portfolio deviates from the client’s investment strategy. It was developed in response to increasing client preferences for digital solutions in Asia. “We believe Asian clients are more digital than in other parts of the […]
Huge pile of cash Manulife
Investors across the region rely heavily on cash savings, making it difficult to meet their key financial goals, the firm said. Across Asia, local-currency cash holdings account for a “disproportionately” large percentage of self-reported assets at about 37%. This rises to about 42% if foreign-currency cash holdings are added. Source: Manulife Asset Management The comparatively […]
Wealth management to open in Hong Kong
AIAM is a Singapore-based organisation that consists of independent wealth managers who promote a better understanding of their business model. Although independent wealth managers are far fewer in Hong Kong than Singapore, they still need a unified voice, said Jessica Cutrera, managing director of the wealth management arm of EXS Capital, who is leading the […]
Survey: HNWIs reliant on online advice know the least about finance
The gap between perceived versus actual financial knowledge has driven Asian high net worth individuals to increase their investment knowledge, according to the M&G Asia wealth barometer. While wealth managers are the number one resource (55%) for sourcing investment ideas and information, digital media (48%) and friends and family (48%) also followed closely. But investors […]
