

Swiss asset manager GAM to close Hong Kong office
Swiss asset manager GAM Investments is set to close its Hong Kong office next year, transitioning to a new partnership with local firm...
Jul 23, 2024


Singapore’s financial sector sees 10% growth in AUM to USD5.41tr in 2023
Singapore’s financial sector flourished in 2023, witnessing a 10% increase in assets under management (AUM), reaching USD5.41tr by...
Jul 22, 2024


Hong Kong investors bullish on AI and local market investments
According to a survey by the Hong Kong Investment Funds Association, 65% of Hong Kong investors are interested in AI-related investments,...
Jul 19, 2024


Family offices launch USD100m fund for Hong Kong residency applicants
Hong Kong’s cash-for-residency scheme has spurred local family office operators to collaborate on launching a USD100 million fund...
Jul 19, 2024


Singapore challenges London as top hub for family offices
Singapore is positioning itself as a strong rival to London as a hub for family offices, according to a report by KPMG and Agreus. The...
Jul 18, 2024

Malaysia shines in APAC M&A with 87% surge
In a challenging year for Asia-Pacific dealmaking, Malaysia stands out with an 87% increase in mergers and acquisitions, totaling...
Jul 17, 2024


Hong Kong’s private banking sector sees surge in HNWI inflows
Hong Kong’s private banking sector is seeing a resurgence of optimism, driven by a significant inflow of high net worth individuals...
Jul 16, 2024


Indonesia tops Asia investment preferences, poll finds
Foreign equity fund managers in Asia are maintaining their investments focused on domestic demand-driven recoveries, during market...
Jul 15, 2024


Taiwan to lead global surge in millionaires by 2028, UBS reports
According to a recent UBS report, Taiwan is projected to see a 47% increase in millionaires by 2028, the highest growth rate globally,...
Jul 15, 2024


Cooperation urged between Singapore and Hong Kong in family offices
Experts from The Hong Kong University of Science and Technology highlight that viewing Singapore and Hong Kong as rivals in attracting...
Jul 15, 2024


China tightens bond regulations to safeguard banking sector stability
China’s financial regulator has instructed some rural banks to shorten the average duration of their bond holdings to stabilize the...
Jul 12, 2024


Asia underinvested in private markets, PGIM survey reveals
Global financial institutions are increasingly turning to private market alternatives to diversify portfolios as traditional 60/40...
Jul 12, 2024


Fidelity Survey shows APAC investors eyeing riskier assets
Investors across six Asia-Pacific markets—Australia, China, Hong Kong, Japan, Taiwan, and Singapore—are planning to reduce their cash...
Jul 10, 2024

Kyobo Life enters asset trusts business with new licence
Kyobo Life Insurance has secured a licence to enter the asset trusts business, expanding its offerings as part of its evolution into a...
Jul 9, 2024


Japan pension fund hits record high with USD283bn profit
Japan’s Government Pension Investment Fund (GPIF) reported a record profit of JPY45.42tr (USD283bn) for the fiscal year ending March...
Jul 9, 2024


Investors sue Mitsubishi UFJ over worthless Credit Suisse bonds
Investors in Japan have filed a new lawsuit against Mitsubishi UFJ Financial Group’s brokerage unit over losses from Credit Suisse’s...
Jul 3, 2024


HSBC targets top spot in Asian wealth management
Annabel Spring, head of HSBC Holdings’ private banking, is spearheading a new recruitment initiative aimed at reclaiming the title of...
Jul 2, 2024


KPMG-HKIFA report highlights Hong Kong’s asset management future
The Chinese mainland market remains crucial for Hong Kong’s asset managers, with demographic changes and an evolving investment landscape...
Jun 27, 2024


Mirae Asset unveils monthly income ETF for retirement
Mirae Asset Global Investments, Korea’s leading asset management firm, will launch the Tiger US Nasdaq-100+ 15% Premium Daily Option ETF...
Jun 26, 2024


54% of Japanese managers plan crypto investments
Crypto demand is rising in Japan, with 54% of investment managers planning to invest in digital assets over the next three years,...
Jun 24, 2024