Saturday, 16 November 2024

FINANCE Wednesday, 8 July 2015 16:37

HSBC Report - Singaporeans Missing Out On Achieving Bucket List In Retirement

According to HSBC’s Future of Retirement report Singaporean retirees are not achieving retirement goals due to their ongoing and pro-longed financial support of family,. The report also finds that the phenomenon of ‘giving while living’ is affecting retirees’...

FINANCE Wednesday, 8 July 2015 16:36

More Midweek Moves – July 8th

Time for another quick roundup of the moves reported in the region: Gabriel Chan, J.P. Morgan’s head of Greater China has departed the US banks wealth management division. According to news out of Hong Kong, Bank of Montreal has moved quickly to fill the gap left...

FINANCE Wednesday, 8 July 2015 16:35

Ho Chi Minh Is W​orld’s Most Improved City - JLL Report

Vietnam’s largest city, Ho Chi Minh, has been named the world’s most improved city in JLL’s City Momentum Index, due to its rapidly expanding economy and commercial real estate market. ​According to JLL’s latest study on City Momentum, high levels of foreign...

FINANCE Wednesday, 8 July 2015 16:34

Ferrari Picks UBS For IPO

Owners of the Italian super car Ferrari across Asia will soon be able to own a stake in the firm. According to media reports overnight Ferrari SpA, the super car and part of the stable of Fiat Chrysler Automobiles has chosen UBS Group AG to manage its initial...

FINANCE Tuesday, 7 July 2015 16:41

Asian Markets Rocked By Greek Vote

We were told by the talking heads that the Greek crisis would have very little effect on Asia. There was no contagion risk and Greece was too small to have any effect on Asia, however by late afternoon yesterday the main Asian markets were battered and bruised. Tokyo...

FINANCE Tuesday, 7 July 2015 16:40

July 7th People Moves Round Up

The start of the second week of July sees no let up in the announcement of senior movers across the APAC region here are a few highlights. In Hong Kong Sandra Lau has been installed as the head of wealth management at OCBC Wing Hang Bank. Lau will report to...

FINANCE Tuesday, 7 July 2015 16:38

Pramerica Real Estate Investors Raises €480 Million For Asia Property Fund

Pramerica Real Estate Investors announced today that it received €480 million in capital commitments for the first close of its Asia Property Fund (ASPF) III, exceeding the initial fundraising target of €400 million. ASPF III, which will hold a final close in...

FINANCE Tuesday, 7 July 2015 16:37

WaveStone Capital Wins First Institutional Mandate

Boutique Australian equities investment manager WaveStone Capital today announced it has won its first institutional mandate with global investment leader Mercer. Wavestone believes the long-only mandate, effective as of this month, marks a significant...

FINANCE Tuesday, 7 July 2015 16:36

Hong Kong & Singapore Not Immune To Financial Insecurity - Survey

Friends Provident International have released the findings of its recent survey on sentiments towards savings and investment, which drew responses from over 1,000 affluent and aspiring affluent investors across Singapore and Hong Kong and unearthed interesting...

FINANCE Monday, 6 July 2015 16:30

Asian Investors Cheer UK Inheritance Tax News

In a move that will be closely watched by Asian based investors of UK property the UK Chancellor George Osborne is planning to use his first Conservative budget to confirm the end of inheritance tax on family homes worth up to £1m. He is expected to announce this...

FINANCE Monday, 6 July 2015 16:25

World’s First Diamond Exchange Set To Open In Singapore

In another first for the island state Singapore Diamond Investment Exchange Pte Ltd (“SDiX”, or the “Exchange”) has announced the upcoming launch of the world’s first commodities exchange in physically settled diamonds, targeted to go ‘live’ in September 2015. The...

FINANCE Monday, 6 July 2015 16:15

Hong Kong SFC Hosts Mutual Recognition Of Funds Symposium

The Securities and Futures Commission (SFC) has hosted the Mainland-Hong Kong Mutual Recognition of Funds (MRF) Symposium to provide the industry with further regulatory information about the landmark scheme. "Our priorities right now are the smooth...

FINANCE Monday, 6 July 2015 16:01

Blackstone Names Chairman For Greater China

Blackstone, with over $300 billion in assets under management, have announced that it has named Liping Zhang as a Senior Managing Director and its Chairman for Greater China. Based in Hong Kong, Mr. Zhang will advise and provide guidance to firm management and...

FINANCE Saturday, 4 July 2015 17:27

Chinese Stock Markets Set For IPO'S Of US$48 Billion

It was reported this week, according to the China Securities Depository and Clearing Corp, that more than 90 million mainlanders trade stocks. Before the current market vicissitudes, Chinese retail investors were considered among the most optimistic in the world...

FINANCE Saturday, 4 July 2015 17:26

Grosvenor And Goldman Sachs In AUS$303.3 Million Australian Deal

Grosvenor Group and Goldman Sachs have invested with Propertylink, the Australian property investment and asset management company, in the acquisition of a combined office and industrial transaction valued at AUS$303.3 million. In a deal that crosses the office...

FINANCE Saturday, 4 July 2015 17:26

Fifty Eight Years Of The 500

It may not have the power or the asking price of some of the supercars we usually feature but the Fiat 500 can still turn heads. It might also be more suited to the congested streets of Asia's capitals. July 4 has always been a red-letter date for Fiat 500: the...

FINANCE Saturday, 4 July 2015 17:25

Chinese Football Club To List

Chinese football club Evergrande Taobao FC is set to become Asia's first listed club, in a move that could bring the kind of corporate credibility Beijing is seeking as part of its long-term reforms of the sport in China. The club is officially known as Guangzhou...

FINANCE Friday, 3 July 2015 23:21

DBS Private Bank – Enters Top 50 Global Private Banks

DBS Private Bank has been ranked as one of the top 50 private banking brands in the world by the financial magazine, The Banker. In the latest study released by The Banker/Brand Finance, DBS Private Bank was also unveiled as the only Singapore and ASEAN bank in...

FINANCE Friday, 3 July 2015 16:43

Final Moves Of The Week

As we head into the weekend it has been another surprisingly active week for top wealth and related professionals. In India the former head of DBS Bank India, Sanjiv Bhasin, is joining Centrum Capital as managing director and chief executive. The Mumbai-based...

FINANCE Friday, 3 July 2015 16:42

UOB To Facilitate Investments Of US$300 Million Into Myanmar

United Overseas Bank Group (UOB) will facilitate its clients to invest US$300 million in Myanmar over the next 12 months in projects that will meet the country’s growing urbanisation and industrialisation needs. The clients, which include multinational and...

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