high net worth individuals (HNWI)

Wealth managers are getting about 30% pay jumps to defect in Asia
(Sept 4): With great wealth comes great remuneration. Competition to manage the money of Asia’s burgeoning army of millionaires has pushed pay hikes for wealth managers to the highest in more than a decade. Those willing to jump to a rival are getting increases of 30% or more in Hong Kong and Singapore, according to private bankers and recruiters. “It’s a crazy market,” said Derrick ...
How do Asia's real 'crazy rich' manage their wealth?
SINGAPORE (Aug 24): A new billionaire is created in Asia every other day, according to UBS and PwC in a joint report on the billionaire set. There were 162 new billionaires in Asia in 2016, compared with 39 in the US and 24 in Europe. While the US still commanded most of the wealth, Asia is likely to overtake it in four years, if the current trend of growth continues. Many of these ...
Interaction and advice makes wealth managing that much more meaningful
SINGAPORE (July 18): When it comes to wealth management, a constant dialogue with clients makes all the difference, says Dominique Jooris, South Asia CEO at Pictet Wealth Management. In an exclusive interview with The Edge Singapore, Jooris says “These dialogues are why one would go to a private bank. This is the type of service you would find here, that you would not find at commercial ...
HSBC launches Jade membership programme targeting 'sweet spot' in Southeast Asian wealth space
SINGAPORE (June 28): HSBC Bank (Singapore)  today announced the launch of a new membership programme, HSBC Jade, targeting individuals looking for high net-worth (HNW) solutions in Singapore. In a Thursday press release, the bank says its Jade membership programme will offer a unique combination of personalised relationship management, advanced wealth solutions and luxury lifestyle ...
APAC remains global leader in HNWI population and wealth
SINGAPORE (Nov 6): Asia-Pacific (APAC) has maintained its top spot as the global leader in high net worth individuals (HNWI) population and wealth, outperforming all other regions. However, APAC’s pace slowed slightly in 2016 with population and wealth increasing 7.4% and 8.2% respectively, down from 9.4% and 9.9% in 2015. Previously, China and Japan powered APAC’s HNWI population ...