The real cost of luxury

One justification for the economic policies that go under the name of reform is that the poor gain by a trickle-down effect. But the effects do not always trickle down.


Chinese Appetite for Luxury Ebbs

Sales of everything from gold watches to leather handbags are declining, although they are still robust by global standards.


How the world views the 1 percent

The survey, which asked over 12,000 people whether they agreed with the statement "most rich people in my country deserve their wealth," found that this year nearly 15 percent strongly agreed and 28 percent agreed versus 12 percent and 27 percen


Plan B Recommends IOOF Takeover Offer

Australian financial services provider IOOF Holdings is poised to acquire listed wealth management company Plan B Group Holdings for 49.1 million Australian dollars.


China’s Power Families

Also known as Winston Wen, he is one of the most successful and prominent private equity investors in China, and a highly controversial figure in the Chinese investment community.


Wealth management poaching war escalates

According to the newspaper, the letters come after BT Financial recently outlined aggressive expansion plans, including a bid to treble its funds under administration.


Asia spending billions on private tuition for kids

The study by the Asian Development Bank and the University of Hong Kong's Comparative Education Research Centre says shadow education is fast becoming a permanent but expensive fixture in Asia - with countries like Japan spending a whopping $12 billi