MagazineSeptember-October 2019 IssueWealth managementWhat’s behind Thailand’s wealth management boom?Bharath KumarSeptember 25, 2019December 6, 2019 by Bharath KumarSeptember 25, 2019December 6, 2019 Thailand had 39,814 HNWIs in 2018, more than double when compared to 2011 and that has boosted the nation’s wealth management industry... Read more
Wealth ManagementGoldman ramps up Europe wealth management businessPritam BordoloiSeptember 24, 2019November 1, 2019 by Pritam BordoloiSeptember 24, 2019November 1, 2019 The investment bank plans to hire 30 wealth advisers in the next three years in Switzerland, Germany and the UK... Read more
Wealth ManagementSingapore’s DBS plans to grow Thai wealth business to $8 bn by 2023International Finance DeskSeptember 19, 2019November 4, 2019 by International Finance DeskSeptember 19, 2019November 4, 2019 The bank has partnered with its subsidiary DBS Vickers Securities (Thailand) to achieve the target... Read more
BankingWealth ManagementDBS Bank to expand with hybrid human-robo portfolioInternational Finance DeskSeptember 18, 2019March 18, 2020 by International Finance DeskSeptember 18, 2019March 18, 2020 Next phase of expansion to be across Indonesia, Hong Kong, Taiwan, China and India... Read more
Wealth ManagementUBS appoints former Credit Suisse banker to boost performanceInternational Finance DeskAugust 30, 2019December 23, 2019 by International Finance DeskAugust 30, 2019December 23, 2019 Iqbal Khan will expand UBS business with high-profile clients, mainly in the US... Read more
Wealth ManagementThailand drafts guidelines to bar investments in unruly firmsInternational Finance DeskAugust 16, 2019 by International Finance DeskAugust 16, 2019 The Government Pension Fund and 32 other investment institutions sign the negative list guidelines... Read more
Wealth ManagementSingapore’s sovereign wealth fund to invest in Adnoc oil pipelines.International Finance DeskJuly 31, 2019December 23, 2019 by International Finance DeskJuly 31, 2019December 23, 2019 The landmark investment comes months after Wall Street giants KKR and BlackRock signed a $4 billion pipeline deal.... Read more
Wealth ManagementSingapore wealth management fintech StashAway raises $12 mnInternational Finance DeskJuly 30, 2019December 23, 2019 by International Finance DeskJuly 30, 2019December 23, 2019 The funding led by one of the earliest Alibaba investors will be used for product development and expansion.... Read more
Wealth ManagementCyprus-based Woodbrook enters Middle East by buying Dubai’s MondialInternational Finance DeskJuly 19, 2019December 23, 2019 by International Finance DeskJuly 19, 2019December 23, 2019 The Mondial purchase is part of Woodbrook’s global expansion plan with further targets in Europe and Latin America... Read more
July-August 2019MagazineWealth managementBrexit: Challenges galore for UK wealth managersBharath KumarJuly 10, 2019December 6, 2019 by Bharath KumarJuly 10, 2019December 6, 2019 Talent management and distribution of products to clients in the EU are set to become more complicated for UK wealth management companies... Read more