The territory’s proximity to mainland China and its diverse product offerings continue to give Hong Kong an advantage over rival private wealth management (PWM) centers, according to a recent report.
Tag: Wealth Management
St James’s Place plans HK growth
The UK wealth manager aims to expand its share of the territory’s mass-affluent market to 15% in the next five years, according to its Hong Kong head.
CMB and JPMAM form strategic partnership
Under the agreement, JP Morgan Asset Management (JPMAM) will be a “preferred product provider” to CMB Wealth Management (CMBWM), offering access to its offshore and onshore funds.
Noah WM reports Q3 income plunge
The Shanghai-based wealth management firm reported income dropped 50% in the third quarter due to factors including China’s slowing GDP.
China, HK look at ‘wealth management connect’
Officials in China and Hong Kong want to bring borderless wealth management to cities in the Greater Bay Area.
Wealth management drives CS’s earnings
The wealth management business at Credit Suisse, like at rival banks, has been the bright spot on the balance sheet.
Phatra WM eyes Thailand’s self-managed wealth
Assets of Thailand’s do-it-yourself investors exceed that of clients in the private bank system, according to the head of wealth management at Phatra Wealth Management.
QNB set to open Hong Kong branch
The Doha-based bank plans to offer wealth management services as it expands its China business.
Lu Global hopes to expand WM platform
The Ping An-owned, app-driven wealth management platform is looking for partners to grow outside Asia.
Report: China’s ‘intelligent WM’ assets to triple by 2022
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