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THE wealth management industry is set to see some exciting times ahead, thanks to various forces that are reshaping the financial landscape such as technological advances and regulatory enhancements.
KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd has launched a three-pillar, Shariah compliant wealth management solution to help affluent customers save, grow and protect their wealth.
KUCHING: Maybank has expanded its wealth management business with the opening of a Private Wealth Centre in Kuching, Sarawak.
MAYBANK has expanded its wealth management business with the opening of a Private Wealth Centre in Kuching, Sarawak.
ZURICH: UBS Group AG chief executive officer Sergio Ermotti earlier this year combined the bank’s wealth management businesses into a super unit managing more than US$2 trillion. So far it’s still to fully deliver on its promise.
WARREN Buffett may have won his decade-long bet against hedge funds, but can his advice to investors to use only low-cost index funds beat the red-hot record of wealth managers?
KUALA LUMPUR: The combined wealth of Malaysia's 40 richest individuals surged to RM217.82bil as at Jan 18, 2014, rising 11.73% from RM194.86 billion a year ago, says Malaysian Business in its Feb 16 issue.
SINGAPORE: After years of racing to accumulate assets in the key offshore centres of Singapore and Hong Kong, the challenge for wealth managers in Asia is shifting to cities such as Manila, Jakarta and Shanghai.
ZURICH: Tidjane Thiam’s three-year restructuring at Credit Suisse Group ended with the bank still confronting an old issue: trading losses dragging down gains in wealth management.
LONDON: Asset manager Schroders Plc and Lloyds Banking Group said on Sunday they were in discussions over a wealth management alliance.