Number of billionaires in UAE and Saudi Arabia declines in 2018
Wealth X’s report finds that there are 55 dollar billionaires in the UAE worth $165 billion...
Category : Wealth Management
HSBC eyes Singapore to boost wealth management in core Asian markets
HSBC intends to add 300 staff in Asian wealth management this year with 50 additions in Singapore...
Deutsche Bank, UBS asset management merger can create ‘European champion’
DWS has assets worth $662 billion under management and UBS $700 billion...
Private wealth in Dubai to surge as city attracts 1,000 global HNWIs
UAE ranked fifth in top global destinations for millionaires in 2018...
Hong Kong-based CreditEase Wealth Management establishes overseas presence
The company today announced the establishment of its Overseas Wealth Management Department, which will provide wealth management services to high-net-worth Chinese clients abroad...
RBC Wealth Management brings a new team to San Francisco
The team managed nearly $390 million in assets and joins from Wells Fargo...
Qwil Messenger is the first fintech to join Schroders’ startup programme
The company will benefit from direct access to important business divisions in Schroders...
Morgan Stanley Alternative Investment Partners raises $516mn for Riverview Strategic Opportunities Fund
It is an opportunistic solution focused on hedge fund secondaries and co-investments...
Demographic shifts creating opportunities for biotechnology
Global demographic changes lead the way for the sector’s growth...
Hong Kong-backed wealth manager LJ Partnership eyes expansion after Gulf investment
The London-based multi-family office targets to grow Asia-Pacific assets under management to US$10 bn by 2021, with new Gulf shareholder Dilmun....