Private Capital Awards 2022: New challenges alter the game for private banking
Announcing the winners of The Asset Triple A Private Banking and Wealth Management Awards 2022
6 Oct 2022
Inflation, interest rates, the war in Ukraine and geopolitical tensions are among the issues that are shaping investment decision-making today. Amid these political and economic uncertainties, investors around the world will remain cautious for the foreseeable future, Cerulli Associates says in its latest report.
30 Nov 2022
Millennials in Singapore and Hong Kong are more likely than their older counterparts to put environmental, social and governance (ESG) factors into their investment thinking, a new study finds. Over two-thirds (70%) of those aged between 25 and 39 years say ESG is a priority for them, up by 6 percentage points compared with 2021, with 68% actively reviewing sustainability reports and credentials before making an investment, according to the report by Saint James’s Place, Money Relationship Monitor 2022 – Wealth Through the Generations.
29 Nov 2022
A confluence of factors, including the redirection of capital that might otherwise have been deployed to North Asia, sees Singapore pull ahead of Tokyo as the most favoured Asia-Pacific property investment destination in 2023, according to a new report.
28 Nov 2022
Despite the downturn in China’s property market, GLP has raised 5.4 billion yuan (US$743 million) for a fund focusing on the country’s logistics sector. The GLP China Income Fund VII (GLP CIF VII) is the second in its onshore income fund series to close this quarter. It is seeded with 13 modern logistics assets from the firm’s balance sheet, which are located across logistics hubs such as Shanghai, Qingdao, Wuhan and Changsha.
25 Nov 2022
HSBC Global Private Banking (GPB) has launched a digital platform for discretionary portfolio management, saying that it is the first in Asia to offer the service on a mobile app. The new feature enables private banking clients to subscribe and reallocate their discretionary portfolio via the HSBC GPB’s mobile app, giving them 24/7 access to portfolio holdings and manager updates.
24 Nov 2022
City’s unique advantages, high concentration of foreign asset managers help stake claim
23 Nov 2022
China’s recent moves to relax some regulations pertaining to its mutual funds industry will benefit market players, promote cross-border connectivity with more markets, and open up more areas of the country’s financial markets to foreign investors, according to a new report.
23 Nov 2022
SC Capital Partners secured commitments for the new mandate from ADIA, which can be scaled up to US$2 billion of equity. The programme targets data centre investments across the Asia-Pacific region with a focus on Japan, South Korea, Singapore and Australia. In addition, ADIA is investing into SC Capital Partners’ pan-Asian opportunistic investment strategy.
23 Nov 2022