Norway sovereign wealth fund commits 900 million euros to renewable energy fund
NBIM committed the sum to CIP’s fifth flagship fund CI V, which invests in offshore and onshore wind, solar farms, ...
Tag: Wealth
HSBC to double UK wealth business as banks target ‘mass affluent’
HSBC aims to double the assets under management (AUM) in its British wealth business to £100 billion (S$171.5 billion) in ...
China bans risky trusts from selling wealth products for LGFVs
CHINA told some trust companies to stop raising money from individuals to fund local government financing vehicles, according to people ...
Saudi wealth fund’s returns boosted by global markets rally
SAUDI Arabia’s sovereign wealth fund said returns rose last year driven by local investments and gains on its international portfolio.The ...
Ho Bee Land sells 49% stake in Elementum for S$134 million to sovereign wealth fund
The company says the deal paves the way for broader collaboration, exploring new avenues for strategic growth and developmentHO BEE ...
Singapore banks see wealth fees surge as rich step up trading
SINGAPORE’S biggest banks are reaping benefits from the rich’s appetite to shift assets and trade in the Asian wealth hub, ...
Citi nets DBS’ Yeo Wenxian as head of wealth for Asia South
CITI Wealth on Tuesday (Aug 6) announced the appointment of Yeo Wenxian as its new head of wealth for Asia ...
Citi hires DBS’ Yeo Wenxian as head of wealth for Asia South
CITI Wealth on Tuesday (Aug 6) announced the appointment of Yeo Wenxian as its new head of wealth for Asia ...
Maybank appoints Alice Tan as head of group wealth management
She joined the company in 2014, and was among the pioneers of its private wealth-management businessMAYBANK Singapore on Tuesday (Jul ...
Japan’s Nomura triples profit in Q1 on wealth management gains
Nomura’s net profit in the April-June was 68.9 billion yen (S$597.2 million) versus 23.3 billion yen a year earlierNomura Holdings, ...
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