Moody's Investors Service says that the regional expansion among Asian banks seen over the past five years brings diversification benefits, but may also present greater uncertainties to banks' growth strategies.
The number of ultra-high networth individuals (UHNIs) having an investible surplus of over Rs 25 crore rose 16 per cent to 1.17 lakh last fiscal, and this is estimated to triple to 3.43 lakh in the next three years.
A recent survey carried out by J.P. Morgan Asset Management found nearly one in five investors are planning to increase their investment amount in Asia over the coming six months, including in markets such as Japan and Hong Kong.
In recent times, smaller cities in proximity to these large urban agglomerations have also witnessed a spillover effect, with an increased percolation of global brands," said Anshuman Magazine, CMD at CBRE South Asia.
You could use a bond manager, but right now in fixed income, yields are very, very low
One in four Australian entrepreneurs indicated open innovation was a major enabler of innovation in their businesses, but nearly half took the middle ground and suggested it was an enabler of innovation but not a major one.
Global Assets Under Management Hit a Record $68.7 Trillion and Profits Surge to $93 Billion, Yet There Is Little Room for Complacency, Annual BCG Study Finds