The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) looks set to yield lucrative opportunities for the region’s wealth management industry in the coming years, according to leading private banking and investment executives — even if questions remain how best to capitalise on them in the short term. At Asian Private Banker’s GBA Connect 2022 forum on Thursday, private bankers, asset managers […]

The post Lucrative opportunities for private banks but challenges ahead: GBA CONNECT 2022 appeared first on Asian Private Banker.

China’s independent wealth managers (IWMs) are charging ahead with ambitious overseas expansion plans, in a move that could put them on a collision course with the industry’s international giants. Following Hywin Holdings’ NASDAQ IPO in March, China’s three largest independent wealth managers (IWMs) by market share — which also include Noah Holdings and CreditEase (listed via its lending platform Yiren […]

The post Chinese IWM Davids venture overseas, taking on foreign Goliaths appeared first on Asian Private Banker.

The ‘Final Word’ series is a year in review by the region’s private banking leaders as they share their thoughts and opinions on key issues around industry trends, business performance, investments, regulations, and technology. For this instalment, Asian Private Banker asked: NNA gathering and account opening have proven challenging in a pandemic-affected world. If we continue to experience lockdowns and […]

The post Final Word 2020: NNA gathering and account opening appeared first on Asian Private Banker.

Ark Trust (Singapore), a wholly-owned subsidiary of Chinese wealth manager Noah Holdings, has obtained a Trust Business Licence from the Monetary Authority of Singapore (MAS) to operate in the Lion City. The Singapore trust business, founded in 2020, adds to Noah’s global network and will bring diversified asset allocation and wealth inheritance services to clients. At present, Noah Holdings holds three […]

The post Noah Holdings trust subsidiary receives licence in Singapore appeared first on Asian Private Banker.

Noah Holdings International is expanding its mutual fund offering in a bid to provide “full-fledged” wealth management services to its high net worth individual clients. Oscar Liu, CEO of Noah Holdings International told Asian Private Banker that as of the third quarter of 2019, 60% of the group’s AUM was in private equity, 19% was in credit, and 11% was […]

The post Noah to expand mutual funds offering to complement its alts-dominated platform: Oscar Liu appeared first on Asian Private Banker.