Using figures from the Hurun Report, released earlier this month, the paper reported how the combined net worth of Chinese delegates came in at $436.8 billion
Malaysia’s ultra rich who have a net worth of at least US$30 million (RM110 million) are increasingly moving their investments, and their families, out of the country, according to the latest report by property firm Knight Frank.
AUM per relationship manager also showed significant growth, with relationship managers averaging US$286 million in 2014, a 4.1 per cent year-on-year increase, it said.
Eastspring Investments, the Asia asset-management arm of British financial services giant Prudential Plc., received six awards in Asia Asset Management’s annual Best of the Best Awards
Hugh Young, Asia chief at Aberdeen Asset Management, welcomes board changes at Standard Chartered, but questions the need to replace its Asia CEO as he sees it as too topheavy. Like 0 Tweet 2 0 Tip Us E
The Forum looked at trends shaping the future of wealth management in Asia, welcoming over 100 CEOs, senior management, and other leading practitioners.
Despite hike, its personal income tax rates are still lowest in region - See more at: http://www.straitstimes.com/news/business/economy/story/singapore-still-draw-top-earners-despite-tax-hike-20150226#sthash.TynjBqz6.dpuf