In 2025, Asia witnessed a notable shift in private wealth talent. Senior professionals moved from global banks and asset managers into alternatives, private credit, and boutique platforms, chasing growth, autonomy, and new opportunities. Alternative firms, benefitting from strong investor demand and faster AUM growth, became key magnets for experienced hires. At the same time, smaller boutiques drew industry veterans with […]

The post Alts and boutiques lure top talent from global firms in 2025 appeared first on Asian Private Banker.

Amy Lo has transformed UBS into a major player in the ultra high net worth (UHNW) sector in Asia Pacific, playing a key role in two major mergers. Over nearly three decades at UBS, Lo has risen to prominent roles, guided by mentorship and foundational experiences. In an interview with Asian Private Banker, Lo reflects on her career milestones, the […]

The post “Something that excites me”: Amy Lo’s hole-in-one career at UBS appeared first on Asian Private Banker.

Syfe, a Singapore-headquartered digital investment platform, has made two senior appointments, one from Schroders and one ex-UBS veteran, to bolster its business expansion in Hong Kong, according to a recent announcement. Kevin Li will soon join Syfe as head of Hong Kong. Prior to this position, he served as APAC head of digital engagement at Schroders. Syfe offers its private […]

The post Syfe makes senior appointments from Schroders, ex-UBS to push Hong Kong expansion appeared first on Asian Private Banker.

Credit Suisse is looking for fresh front-office talent across markets including China and Singapore, even as the Swiss bank’s takeover by rival UBS raises questions over the future of parts of its workforce. Analysis by Asian Private Banker found multiple job postings online for senior front office positions in the region at the embattled Swiss bank. Among the more prominent […]

The post It’s not too late to be a Credit Suisse banker in Asia appeared first on Asian Private Banker.

Another Hong Kong-based Greater China banker will soon depart Credit Suisse, Asian Private Banker can reveal. Philip Cheung, executive director and Greater China team leader, has recently resigned from the bank along with two of his relationship managers, people familiar with the matter told Asian Private Banker.  Cheung joined Credit Suisse in 2011 and has held various senior roles. Before […]

The post Another Greater China banker resigns from Credit Suisse appeared first on Asian Private Banker.

When describing the Pictet Group, three words – independent, organic, and partnership – come to mind. The Swiss pure play, whose history in Asia dates back to 1981, is owned and managed by eight managing partners. New partners are appointed every five to ten years, with the youngest ones in their early 40s, and the most experienced ones generally aged […]

The post AUM growth is only a “second priority”: Marc Pictet appeared first on Asian Private Banker.

The AUM of Hong Kong’s private banking (PB) and private wealth management (WM) business grew by 25% to HK$11.3 trillion (US$1.5 trillion), highlighting the city’s top position as Asia’s WM hub. A survey published on Thursday by the Hong Kong Securities and Futures Commission (SFC) shows AUM at the city’s asset and WM businesses grew 21% YoY to HK$34.93 trillion […]

The post Hong Kong PB and private WM business AUM grew by 25% in 2020: SFC survey appeared first on Asian Private Banker.

China’s rich will likely have about US$18 trillion in investable assets by the end of 2025, new research by UBS shows, highlighting the potential of strong demand for private banking (PB) services. By end-2025E, UBS expects HNWIs’ investable assets in mainland China to reach RMB 116 trillion (US$17.95 trillion), more than double the level in 2019, according to UBS Global […]

The post China’s rich may have US$18 trillion in investable assets by end-2025: UBS appeared first on Asian Private Banker.

Despite the COVID-19 pandemic and geopolitical tensions, Hong Kong remains confident of its ability to act as a conduit for investments in mainland China, according to a senior official at its de facto central bank. The mainstay of that confidence seems to be the ability to allow mainland China nationals to invest in global instruments through a wealth connect scheme […]

The post Hong Kong confident of acting as a gateway to mainland China appeared first on Asian Private Banker.

In June 2020, The Hong Kong Monetary Authority (HKMA), the People’s Bank of China (PBoC), and the Monetary Authority of Macao (AMCM) jointly announced the launch of a cross-boundary wealth management connect pilot scheme — the Wealth Management Connect (WMC)— in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and unveiled the intial framework of the scheme. This marked another important […]

The post Ability to offer full-service advice onshore key to success of Wealth Connect in GBA appeared first on Asian Private Banker.