Wealth
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
[HONG KONG] Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the...
Wealth management opens door for Singapore remisiers
[SINGAPORE] Stock brokerages need to transform as they grapple with changes across the financial sector, said PhillipCapital founder and executive chairman Lim Hua Min.Lim noted that brokerages, banks and...
Indonesia’s wealth fund in talks to aid flagship airline Garuda
[JAKARTA] Garuda is in talks with Indonesia’s sovereign wealth fund Danantara about an injection of capital, people familiar with the matter said, as the nation’s flagship airline struggles to...
Rich Japanese still fear a yen crash, UBS wealth manager says
[NEW YORK] Speculators and much of the investing world have turned optimistic on the yen as Trump’s trade war keeps markets on edge. But there’s one key holdout that...
Singapore’s sovereign wealth investors GIC, Temasek find adaptation potential
THE likelihood and extent of climate-related losses and damage have increased, with global warming likely to breach the 1.5-degrees Celsius threshold and possibly even 2 deg C.Higher climate risks...
Asian banks see big boost to wealth business as currencies rally
[HONG KONG, SINGAPORE] A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand...
Manulife profit rises as Asia, wealth management businesses see strong growth
Published Thu, May 8, 2025 · 08:13 AMMANULIFE Financial posted a 3 per cent jump in first-quarter profit on Wednesday, helped by the strong performance of its insurance business...
Push to allow Norway’s wealth fund to invest in defence companies falters
[OSLO] Opposition efforts to allow Norway’s US$1.8 trillion wealth fund, the world’s largest, to invest in large defence companies appear to be faltering, according to lawmakers involved in the...
