The pandemic has made the region’s wealthy investors feel insecure and vulnerable, a global survey finds.
Tag: Wealth Management
Goldman Sachs sets up wealth JV with China partner
Goldman Sachs Asset Management (GSAM) has gained preliminary approval to form a wealth management joint venture with Industrial and Commercial Bank of China (ICBC).
BlackRock CCB Wealth Management gains China licence
The joint venture (JV) between Blackrock, China Construction Bank (CCB) and Temasek will conduct asset management business.
Setting non-financial goals
Research finds that affluent individuals in Asia Pacific are looking to build investment portfolios that achieve more than just financial returns.
Asia’s traditional wealth managers lag digital adoption
Although they still form a small part of the market, challenger banks are using digital payments as a gateway to wealth management growth, according to a KPMG report.
HK’s private banks upbeat on China potential
An industry report finds that wealth managers in Hong Kong are placing their faith in mainland China and the Greater Bay Area (GBA) for asset growth.
Julius Baer reportedly eyes China wealth JV
It wants to join forces with a local firm to tap into the country’s growing financial services sector.
Amundi JV with BOC WM approved
The tie-up between the French asset manager and the Bank of China wealth management subsidiary is the first to get the go-ahead.
StanChart to merge wealth, retail businesses
The bank expects that the changes will help grow its affluent and retail businesses.
