Small-town millionaires grab attention of big brands

HNWIs are people with $1 million in investable assets. Their total wealth has climbed by more than 14 percent since 2007 despite the financial crisis in 2008. In Asia-Pacific, their ranks swelled by 9.7 percent in 2010.


Bullion updates in China

The bank's co-head of Asian economics now forecasts another three cuts to China's banking reserve requirements by July, inviting lenders to keep back less of the money they take in deposits and so boost growth in credit.


Mercer Advisors selects new portfolio accounting service partner

The synergy of the partnership will lead to a truly customized back office solution that supports Mercer Advisors' continued business growth and development. The partnership further supports future expanded collaboration between the two firms.


India Loses a Third of its Billionaires

According to a new study, the number of billionaires in India dropped by more than 30% in 2011. Press reports blamed the drop on the country’s stock market, which fell by 40% last year.


Julius Baer wins top award

Julius Baer has been named Best Boutique Private Bank in Asia and Best Private Bank – External Asset Manager’s Choice.