All articles by PBI Editorial
PBI Editorial
Follow up: DBS expects 15% rise in AUM with SocGen deal
The Asia-based bank told the media that its acquisition of Societe Generale Private Banking (SGPB) Asia’s businesses is expected to bring a 15% hike in group AUM to S$125 billion ($98.2 billion), and thereby a 23% rise in high-net-worth AUM to S$ 85 billion ($66.8 billion).
Exclusive: Entrepreneurs to drive immigration and wealth management services
According to a new WealthInsight white paper, one out of 20 millionaire entrepreneurs is “mobile,” or an individual with more than US$1 million in assets with a domicile in a country other than their country of origin. PBI, in partnership with WealthInsight, further elaborates on mobile millionaire entrepreneurs in today’s global economy writes William Wesnofske.
UBS Wealth Management launches industry leading advisory offering in Asia
UBS’ portfolio-monitoring system, UBS Advice has now been launched in Asia.
by William Wesnofske
Exclusive: Global wealth report
For most of UHNWIs, residential property has become the prime item of spending. Property is not only a place to live; it has evidently become a tremendously popular place to invest, William Wesnofske reports.
Exclusive: Social Media – an Early Warning System for Outflows?
Guy Flintham, co-founder and CEO of db corporate social platforms, explains how social media can help wealth managers head off client departures. A recent study has confirmed what social media advocates have been telling wealth managers for some time now: if you want to retain clients, then you need to have a constant ear to the ground for what’s going on in their wider lives.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Barclays opens new UK WIM office
Due to high demand from clients at their Hertfordshire location, Barclays Wealth and Investment Management (WIM) announced it will be opening an office on Marlborough Street in St. Albans. Alexandra Capik reports.
Exclusive: Immigration referendum could impact Swiss HNWIs
Since the credit crunch of 2009, Switzerland’s economy had performed moderately, with a 30.1% increase of HNWIs from 2009 to 2013, totalling 360, 917. Titled Switzerland Millionaires: Referendum Trouble, WealthInsight’s analysis of Switzerland’s recent economic performance forecasts a potential further increase of HNWIs of 24.0%, reaching 494,485 in 2018. Alexandra Capik reports.
Exclusive: SGPB Hambros targets mass affluent with new platform
Societe Generale Private Banking Hambros is building a new electronic platform to target the ‘mass affluent’, as it expands its offering.
Exclusive: Permira targets one wealth management acquisition per year
Private equity firm Permira has set an ambitious new target to acquire one wealth management business per year over the next five years, as it eyes up the lucrative private banking and wealth management space.
Exclusive: Boutique firms snap up ‘orphan’ clients
Private banking is undergoing a radical transformation in the wake of mass regulation, forcing some large players to retrench and offering smaller to medium-sized players and canny private equity firms a slice of the private banking pie.