Asia Pacific remains the fastest growing wealth market in the world, according to Credit Suisse’s latest Global Wealth Report, and Benjamin Cavalli, Head of Wealth Management for Asia Pacific, Hong Kong CEO & APAC Sustainability Leader, believes the giant Swiss bank has the right region-wide infrastructure and strategies in place to seize the many significant (more…)
He created a new concept of family management for his own family and others. ‘We really were pioneers’. In Canada’s growing pool of wealthy families, Tom McCullough occupies a firmly entrenched spot on the deck.
About pricing. In the past, every trade you do, every product you buy, you probably get one all-in price, maybe plus a commission. You don’t know what is embedded in that one price. Today, it’s about price transparency, “Tell me exactly how much you are making from me for each trade, each product, structured product (more…)
I think in this environment where we are getting a push towards de-globalization, where we are getting different regions focusing on more growth within the region, we are getting different parts of the world growing at different speeds and you’re not getting that one unifier central bank coming up and lifting at all. This means (more…)
James Cheo, Chief Investment Officer, Southeast Asia, Global Private Banking and Wealth, HSBC “I think South East Asia is something everyone should watch out for. Clearly the economic gravity is shifting to South East Asia, but if you look at general investors, global investors are still very much underinvested in South East Asia. For people (more…)
Thomas Ang, Global Head of Family Office Services, Wealth Management Division, Credit Suisse You just have to ask yourself one very simple question, is the next generation involved in decision-making? It’s as simple as that. In Asia, not yet. Later this month, my firm, we launch our single-family office survey. We interviewed about 120 family (more…)
Ashmita Acharya, Head of Retail Banking of Citibank Singapore There is a tremendous demographic shift which is happening, Asian wealth is obviously growing very fast at 11% compared to global wealth which is growing at 5%. I think it’s coming from wealth creation in China and all over the world but really in the middle-class (more…)