wealth management

Financially Savvy

Raising the barbell in factor investing

SINGAPORE (June 12): Both institutional and private wealth investors have historically allocated to outcome-oriented strategies.

Family business

Singapore gets new multifamily office with launch of Envysion

SINGAPORE (Mar 12): A new multifamily office with about US$300 million ($420 million) in assets under advisory has established itself in Singapore, aiming to attract wealthy clients and private ban

M&A

Grab makes foray into retail wealth management with acquisition of robo-advisory Bento Invest

SINGAPORE (Feb 4): Even as it guns for one of Singapore's two digital full bank licences, ride-hailing app Grab Holdings is taking another step towards becoming a financial player.

Banking & finance

Morgan Stanley plans to hire dozens for Asia wealth buildup

SINGAPORE (Jan 17): Morgan Stanley plans to add dozens of staff at its wealth business in Hong Kong and Singapore this year, signaling its confidence in the world’s fastest-growing region when it c

Hong Kong protests

Family office advisers see rising interest in leaving Hong Kong

SINGAPORE (Oct 10): Service providers to some of Asia’s wealthiest families say they are fielding a rising number of calls about shifting away from Hong Kong, with some already moving money to Sing

Startups • Entrepreneurs • Digital economy

Ping An-backed Lufax to ditch P2P lending amid regulatory woes: sources

(July 18): Lufax, one of China’s largest online wealth management platforms that is backed by financial giant Ping An Insurance, plans to exit its once-core peer-to-peer lending (P2P) business, thr

Disruption and Digitalisation

More than a third of wealth management clients plan to switch providers in next 3 years: EY

SINGAPORE (May 9): More than a third of wealth management clients across Asia-Pacific have plans to switch providers over the next three years, the EY 2019 Global Wealth Research

Commentary

Revamp of DBS Vickers a sign of things to come; can brokerages, remisiers maintain their relevance?

SINGAPORE (Mar 15): During a recent trip to Kuala Lumpur, I ran into an old friend whom I knew from my days in the brokerage business back in the 1990s.

M&A

Schroders acquires Thirdrock Group for undisclosed sum

SINGAPORE (Feb 1): Schroders Wealth Management has acquired the wealth management business of Thirdrock Group, a Singapore-based asset manager with a client asset under management (AUM) of about $3

Investing strategy

Why a savings account alone is not enough to achieve your financial goals

SINGAPORE (Oct 29): Singapore’s emerging affluent are still far from achieving their top financial goals with their current wealth management strategies, finds a recent study commissioned by Standa

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