US-based asset manager Nuveen has agreed to acquire British money manager Schroders in a deal that will create one of the world’s largest active asset managers, with close to US$2.5 trillion in combined assets.   The acquisition is valued at £9.9 billion (US$13.5 billion), according to an announcement on Thursday. The deal is financed through the cash resources of Nuveen’s parent […]

The post Nuveen buys Schroders for US$13.5bn as consolidation heats up appeared first on Asian Private Banker.

This is a sponsored advertorial from Schroders. In a world where passive funds dominate headlines, investors might ask: Does human insight and judgment still have an active role to play in investment?  A case in point is global equities, an asset class where passive vehicles previously outperformed active funds. Now, after years of narrow leadership, market drivers are broadening. This […]

The post The Active Edge – Unlocking value through active asset management appeared first on Asian Private Banker.

Schroders has partnered with Krungthai Asset Management (KTAM) to roll out two catastrophe bond funds aimed at Thailand’s ultra high net worth (UHNW) investors, marking the latest move by global managers tapping into the country’s fast-expanding private wealth market. The open-ended funds, now available for ongoing subscription, are designed to give Thai UHNW individuals greater access to insurance-linked securities (ILS), […]

The post Schroders, Krungthai AM bring cat bond access to Thailand’s ultra-rich appeared first on Asian Private Banker.

This is a sponsored article from Schroders. It is time we acknowledge that active investment management is more than stock selection, writes Schroders group chief executive Richard Oldfield. Where is the familiar scepticism toward active management? That was only a few years ago, but the debate has moved on by leagues. The binary poles of active and passive are less […]

The post The old “active vs passive” debate is dead – here’s why appeared first on Asian Private Banker.

Global investment manager Schroders has made two new appointments to lead its client group in Hong Kong and South Asia. Effective August 2025, current Hong Kong CEO Jason Yu now leads Schroders’ client group in Hong Kong, the firm announced in a statement on Monday. In his expanded role, Yu is tasked with strengthening the firm’s position as an asset […]

The post Schroders names Hong Kong, South Asia client group heads appeared first on Asian Private Banker.

Schroders’ private markets business, Schroders Capital, has made two senior real estate appointments in Asia Pacific. Effective 29 September and based in Singapore, Junnosuke Ando has been appointed as Asia Pacific head of real estate, Schroders Capital announced in a statement on Wednesday. In his new mandate, Ando will closely collaborate with regional teams in Hong Kong, Shanghai and Tokyo. […]

The post Schroders Capital appoints APAC real estate head appeared first on Asian Private Banker.

The former Singapore CEO and South Asia head for Schroders has resurfaced at a Singaporean infrastructure credit firm. Subject to regulatory approval, Lily Choh will become the CEO of Clifford Capital Asset Management and group head of asset management in October, according to a statement. Choh will also join the management executive committee of the Clifford Capital Group. Choh’s last […]

The post Ex-Schroders South Asia head joins Singapore infra credit platform appeared first on Asian Private Banker.

Schroders has made a series of senior appointments aimed at strengthening its leadership team across its Asia and global operations. Gopi Mirchandani has been appointed as head of client group, Asia, succeeding Chris Durack, who will transition to the newly created role of chair for Asia until his departure at the end of 2025, according to a company statement on […]

The post Schroders rejigs top team with moves in Asia appeared first on Asian Private Banker.

The snake is the sixth animal of the Chinese zodiac, known for its intelligence, elegance and mysterious nature. In 2025, the year of the snake will be in the element wood, representing a combination of wisdom, intuition and growth. As we approach the end of 2024, many unknowns lurk on the horizon for asset and wealth managers in Asia in […]

The post Top predictions in the Year of the Wood Snake appeared first on Asian Private Banker.

Schroders Investment has appointed a new head of wealth, private bank, Asia, Asian Private Banker has learnt. Based in Singapore, Schroders has appointed Joyce Lim as head of wealth, private bank, Asia, according to her LinkedIn update. Schroders confirmed Lim’s appointment. Prior to joining Schroders in July, Lim was head of wealth portfolio advisory at UOB since 2022, after holding […]

The post Schroders appoints head of wealth for Asia private banking unit appeared first on Asian Private Banker.

Schroders has named a former PricewaterhouseCoopers (PwC) senior executive to head its US$978.1 billion in AUM asset management business. Effective 8 November 2024 and subject to regulatory approval, Richard Oldfield has been appointed as group chief executive, succeeding Peter Harrison, Schroders said in a recent announcement. Harrison signalled his intention to retire in April. Schroders said the appointment of Oldfield […]

The post US$1tn asset manager names new group chief executive appeared first on Asian Private Banker.

Schroders’s group chief executive will retire in 2025 and the firm is now on the hunt for a successor to helm its US$956.9 billion asset management business. Peter Harrison, Schroders’s group CEO, has signalled his intention to retire next year, the company said in a statement on Thursday. “A thorough and extensive search for his successor will now be launched. […]

The post Schroders seeks new group CEO as Harrison set to retire appeared first on Asian Private Banker.

Private markets manager Schroders Capital has entered into a strategic partnership with fintech iCapital to distribute the former’s semi-liquid global private equity strategy, the firms said in an announcement on Wednesday. Under the collaboration, Schroders Capital will leverage iCapital’s technology platform and operating system to manage the investment and education experience at scale. In the announcement, the firms describe the […]

The post Schroders Capital partners with iCapital to boost semi-liquid global PE strategy distribution appeared first on Asian Private Banker.

HSBC Global Private Banking (HSBC GPB) and Schroders have launched a new multi-asset income fund under an exclusive distribution arrangement. The Schroder ISF Dynamic Income fund will only be available to HSBC GPB and Wealth clients for six months across Asia, Europe, and the Middle East, Schroders said in a statement on Monday. The fund aims to deliver a resilient […]

The post HSBC GPB, Schroders launch multi-asset income fund appeared first on Asian Private Banker.

While banks have been fighting for talent in the private banking space, asset managers faced a different set of recruitment challenges in 2023. In the past year, the performance of many funds has been under pressure and companies were frustrated with challenged markets, veteran private bank headhunter Arnaldo Oliveira, founder and CEO of Orion Executive Search International, who has been […]

The post The biggest Hong Kong, Singapore asset management hires of 2023 appeared first on Asian Private Banker.

Analysts expect that the continued growth in renewables will thrust the “humble battery” into the limelight after world leaders pledged to triple renewable energy capacity by 2023 at the United Nations Climate Change Conference (COP28). More than a hundred countries have committed to triple renewable energy capacity worldwide by 2030, a goal that some experts suggest is needed to help […]

The post Investors pick the “humble battery” as winner of COP28 appeared first on Asian Private Banker.

Investors in Singapore are waking up to the new higher-for-longer reality, and looking to re-evaluate their investment strategies as a result, according to a recent report from Schroders. Almost 74% of Singaporean investors now believe that the market has pivoted into a new era of policy as a result of higher inflation and interest rates, Schroders Global Investor Study 2023 […]

The post Singaporean investors waking up to higher-for-longer reality: Schroders appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Kieran Farrelly Head of Global Solutions, Real Estate In the midst of a period of repricing across real estate markets, investors continue to balance a range of economic and geopolitical issues in the second half of 2023. While downside risks remain, the outlook is starting to improve and become more certain. Inflation has […]

The post Schroders Capital: Secular trends driving four conviction themes in real estate investment appeared first on Asian Private Banker.

Schroders Singapore has partnered with KBank Private Banking to launch a China-focused private equity fund in Thailand, Schroders said in a recent announcement. The strategy aims to provide Thai private wealth investors access to China’s RMB private equity market and leverages Schroders Capital’s Qualified Foreign Limited Partnership programme in China. The fund will be managed by Schroders Capital, Schroders’ private […]

The post Schroders, KBank Private Banking partner to launch China PE fund in Thailand appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Schroders is pleased to release a new framework to assess human capital value creation. This includes a simple set of quantitative accounting metrics which can be used alongside qualitative techniques to enable investors to refine their understanding of human capital management’s contribution to a firm’s returns and productivity. Created with academic support from […]

The post Schroders’ new framework to assess human capital value creation at investee companies appeared first on Asian Private Banker.

Schroders, the British asset manager with about GBP 737.5 billion (US$949.3 billion) in AUM,  has announced a string of promotions in its global client group, including its head of wealth for Asia Pacific. Chris Durack, head of Asia Pacific, and Karine Szenberg, head of Europe and global head of product & marketing, have been promoted to co-heads of its client […]

The post Schroders reshuffles global client group leadership 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.

This is a sponsored article from Schroders. Felix Odey Portfolio Manager, Global Resource Equities Sustainable food and water trends Q1 2023 The global food and water system faces a significant dual problem: unsustainable practices compounded by an ever-growing population. The crisis in Ukraine has also highlighted the importance of food security. While 2022 was a challenging year for global markets […]

The post Food and water scarcity poses investment opportunities appeared first on Asian Private Banker.

Schroders has been granted a licence to operate in mainland China, according to an announcement on Thursday. The public fund licence, granted by China’s securities watchdog the China Securities Regulatory Commission, permits Schroders to provide onshore investment products and solutions to retail clients and asset management services to institutional clients. The British multinational will function as a wholly foreign-owned public […]

The post Schroders granted operating licence in mainland China appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Jack Lee, CFA, China A-shares fund manager Following the easing of Covid restrictions and the reopening of borders, economic activity in China, particularly consumption, has started to resume. While the global macroeconomic environment may cast a shadow over exports, China’s domestic demand remains robust. We expect 2023 to be a year of recovery […]

The post China domestic market rebound forges clearer path for A+H shares appeared first on Asian Private Banker.

It has been a week that will linger in the minds of private bankers across Asia-Pacific for some time to come. The collapse of Silicon Valley Bank (SVB) earlier in March kicked off a period of tumult in markets from Wall Street to Asia, raising concerns over the integrity of the global financial system as the Federal Reserve forges ahead […]

The post Markets reel after SVB collapse: This is what you need to know appeared first on Asian Private Banker.

Schroder Investment Management (China) Limited has received regulatory approval to set up a wholly foreign-owned public fund management company in mainland China as it steps up its expansion plans in the country, the British asset manager with GBP 615.2bn in AUM has announced. According to Lieven Debruyne, Schroders’ global head of distribution, the creation of the new company is vital […]

The post Schroders gets green light to establish China fund company appeared first on Asian Private Banker.

Schroders, a British asset manager with US$939.2bn in AUM, is looking to new senior leadership appointments made on Tuesday to drive its ambitious growth strategy in Asia Pacific. “The Asia Pacific region is a key part of Schroders’ growth strategy, and we are proud to have a line-up of strong senior leaders in the region to sustain our business momentum,” […]

The post Schroders unveils new Asia Pacific leaders to propel regional ambitions appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Chloe Shea, Investment Director, Multi-Asset Since the beginning of 2022, financial markets have been experiencing heightened volatility against a backdrop of rising interest rates, inflation and peaking economic growth. As of end-July 2022, the MSCI All-Country World Equity Index fell 15.5%, with the Bloomberg Barclays Global Aggregate Bond Index down 2.7%. While persistent […]

The post From growth to value: where to look in ESG? appeared first on Asian Private Banker.

HSBC Singapore will be the exclusive distribution partner for a new Schroders sustainable fund in the Lion City. Schroders Singapore on 20 September launched Schroder ISF Global Sustainable Food and Water Fund, a global equity portfolio which invests in companies worldwide that are driving the transition towards the sustainable provision of food and water. The fund will have a high-conviction, […]

The post HSBC adds sustainable strategy for U/HNW clients in Singapore appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Samuel Thomas, sustainable investment analyst Waste management has long been one of society’s primary challenges. It is an industry that is ripe for disruption considering how little it has changed over the last few centuries. Why is waste a problem? Poor waste management contributes to climate change, directly affects ecosystems and generates air, […]

The post Why should investors care about waste management? appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Mark Lacey, head of Global Resource Equities Felix Odey, Global Renewables analyst The global food and water system will come under intense pressure in the coming years from two separate forces. Firstly, the world’s population is expected to increase from around seven billion today to eight billion by 2030 and nearly ten billion […]

The post Food and water system needs a reform, but why and how? appeared first on Asian Private Banker.

UBS has introduced a digital platform designed to connect clients to experts, thought leaders and actionable ideas. UBS Circle One — which was co-created with 100 digitally savvy clients in Hong Kong and Singapore, and which will connect investors to ideas on a global ecosystem — will be first launched to clients in Asia Pacific, with plans to roll out […]

The post UBS picks Asia to launch new digital platform appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Mark Lacey, head of Global Resource Equities Alexander Monk, portfolio manager, Global Resource Equities There is a lot going on in the financial markets right now. Meaningful inflation has returned for the first time in decades. Supply chains everywhere remain disrupted. Geopolitical and social tensions around the world are heightened, most notably with […]

The post Energy transition: Three key questions answered appeared first on Asian Private Banker.

As it builds a wholly owned mutual fund business in China, Fidelity International has appointed a managing director for China to better capture the growing wealth in the country, according to a statement on Wednesday. Based in Shanghai, Helen Huang will provide overall leadership in investment management, distribution, operations, and other key functions. Huang was most recently CEO of Hwabao […]

The post Fidelity International names managing director to lead China mutual fund business appeared first on Asian Private Banker.

At the start of 2021, China’s 5.5% growth target seemed plausible. Four months in, it looks unattainable as two of President Xi Jinping’s signature strategies are backfiring on Asia’s largest economy. The first miscalculation was thinking that the last 17 months of financial tumult wrought by crackdowns on Big Tech could be easily reversed. Even as Beijing throttles back on […]

The post China’s latest COVID lockdowns send chill through private bank portfolios appeared first on Asian Private Banker.

Schroders Singapore (Schroders) and Thailand-based Robowealth have together launched a digital multi-asset portfolio for investors in Thailand. The solution — Schroders Growth & Income Solution — comprises the top performing Thai-domiciled funds, and aims to help Thai investors achieve regular returns over the long term, through a dynamic, diversified digital wealth solution. The launch builds on the strategic partnership between […]

The post Schroders and Robowealth roll out first digital multi-asset solution for Thai wealth investors appeared first on Asian Private Banker.

For the first time in 25 years, Asia is happy to see the US Federal Reserve tap the monetary brakes. With US inflation at the highest in four decades, the rationale goes, it is about time Chair Jerome Powell’s team got into the game. But there are now two giant economic forces tightening in unison — and in ways that […]

The post From Fed tightening to Omicron in China: Risks mount for Asia’s private banks appeared first on Asian Private Banker.

As market uncertainty continues and capital market return assumptions remain muted across traditional asset classes, there has been a surge in interest among HNW investors for alternatives in their portfolios. The asset class has become an increasingly dominant topic of conversation for Noelle Lim and Manali Parekh. The rising rate environment, increasing inflationary concerns, and low returns in public markets […]

The post Alt selections that narrow the return gap in private banking portfolios appeared first on Asian Private Banker.

Goldman Sachs’ private wealth clients who dialled into a recent call on the Ukraine crisis expected dry econometric analyses of risks and opportunities. Instead, they got something closer to John le Carré. Hosting the call was Sir Alex Younger, a Goldman consultant who used to be a British intelligence chief. “Hindsight is a wonderful thing,” he told BBC News on […]

The post Private banks rip up 2022 playbook over Ukraine crisis appeared first on Asian Private Banker.

Investments focused on China’s transition to clean energy sources will likely keep performing long-term despite recent volatility, according to private banks and asset managers, as the Ukraine-Russia crisis has highlighted the urgency in the shift away from fossil fuels. Alternative energy assets in China are currently enjoying a purple patch, with the country’s CSI New Energy index soaring 49% over […]

The post Private banks spy buying opportunity after volatility hits China new energy assets appeared first on Asian Private Banker.

The conflict between Russia and Ukraine and its economic fall-out have rocked capital markets around the global and could have a significant impact on the portfolios of private bank clients. Among the most affected asset classes, at least in the short-term, are commodities including oil and gas, as well as European and emerging markets (EM). While some market participants are […]

The post Here is what the Russia-Ukraine conflict means for private clients’ portfolios appeared first on Asian Private Banker.

In Seoul, KB Kookmin Bank is taking the idea of building its wealth management business to new heights — literally. South Korea’s biggest retail institution is erecting a new seven-storey private-banking centre in the glitzy Gangnam area. Its futuristic design is an apt metaphor for the trajectory not just of KB, but a broader financial sector finally getting serious about […]

The post Why South Korea could be private banking’s next El Dorado appeared first on Asian Private Banker.

At a time when most central banks are tightening policy in a bid to curb inflation, China is easing monetary policy to spur economic activities. While the country’s economy expanded by 8.1% in 2021, the slowdown in the last three months last year is expected to spill over into 2022. Private banks are forecasting China’s GDP to grow above 5% […]

The post What’s next for China? Six fund giants weigh in appeared first on Asian Private Banker.

This is a sponsored article from Schroders. 2020 was an extraordinary year for climate change action. Public opinion, governments, businesses and financial markets all had major shifts in their appreciation of the urgent need to address the climate crisis. More investment, research and development, and international collaboration will now come together to enable a faster transition to a net zero […]

The post Why the going is about to get tougher for investing in climate change appeared first on Asian Private Banker.

Investors in Southeast Asia have spent more time reorganising their personal finances since the outbreak of the COVID-19 pandemic, according to a survey from Schroders. Since the onset of the health crisis, investors in Thailand (91% of respondents), Indonesia (88%), Malaysia (85%) and Singapore (81%) have spent longer considering their financial well-being. The survey, which was published on Tuesday, found […]

The post Southeast Asian investors worry more about finances due to pandemic: Schroders appeared first on Asian Private Banker.

This is a sponsored article from Schroders. Alexander Monk, Global Renewables Analyst 2020 was a breakout year for energy transition equities, with fundamental earnings growth very strong and valuations re-rating to reflect the long-term more visible opportunity ahead. Towards the end of the year, valuations had reached all-time highs, and in certain sub-sectors we felt some valuations had become slightly […]

The post How’s 2021 shaping up in the Energy Transition space? appeared first on Asian Private Banker.

The post What should you look for in your credit manager? appeared first on Asian Private Banker.

China’s regulator last Thursday released interim measures for the sale of wealth management products (WMPs) by wealth management companies (WMCs). It specified that WMCs refer to wealth management subsidiaries of commercial banks and other approved WMCs, including wealth management joint ventures (JVs) with a majority foreign ownership. “Although JVs with a majority foreign ownership structure have been regulated all along, […]

The post China explicitly includes majority foreign-owned JVs in scope of WM companies appeared first on Asian Private Banker.

Asset manager Schroders on Wednesday announced two senior appointments to boost its APAC business growth. Lily Choh will succeed Susan Soh as Schroders Singapore CEO, effective May 2021. She will be responsible for the firm’s growth strategy across Southeast Asia and will manage the Singapore office of 450 employees. Choh was promoted to deputy CEO of Schroders Singapore and director […]

The post Schroders names new Singapore CEO and APAC head of distribution appeared first on Asian Private Banker.

Schroders on Thursday announced that it intends to acquire a 50.1% stake in RF Eclipse Limited, an alternative commercial real estate lender to small to medium sized enterprises. Upon the acquisition, expected to complete around 30 June 2021, RF Eclipse will be rebranded as Schroders RF. Its current owner, the RF Group — family office of Australian construction tycoon Andrew […]

The post Schroders takes majority stake in real estate lender owned by Australian FO appeared first on Asian Private Banker.

The post Schroders: Be ahead of the game, be well-informed on China appeared first on Asian Private Banker.

The post Three Asia Investment trends in the new normal appeared first on Asian Private Banker.

The post What are the ways to strategise portfolio allocation in today’s market environment? appeared first on Asian Private Banker.

Independent asset manager Raffles Family Office has hired a strategic advisor — a newly created role — to drive the firm’s expansion and business development across the region, particularly in Southeast Asia. In a news release, Simon Lints has joined Raffles as strategic advisor. He is based in Singapore and reports to Chi Man Kwan, founder and CEO of the […]

The post Raffles FO hires strategic advisor from Schroders WM appeared first on Asian Private Banker.

London-based asset manager Schroders on Monday announced senior appointments to its APAC and Japan businesses. Chris Durack and Susan Soh will succeed Lieven Debruyne as co-heads of Asia Pacfic, effective 2Q20. Debruyne was promoted from Asia-Pacific CEO to global head of distribution earlier this year. Durack has been country head of Australia since 2018. Prior to that, he had been […]

The post Schroders reshuffles Asia leadership, appoints APAC co-heads appeared first on Asian Private Banker.

Bloomberg has set up the Hong Kong chapter of it’s Women’s Buy-side Network (BWBN), ahead of International Women’s Day on 8 March, to encourage the participation of more females in fund management. The Hong Kong arm adds to Bloomberg’s existing chapters in Singapore and India, launched in 2018 and 2019 respectively, and will be led by five leaders within Hong […]

The post Bloomberg launches Women’s Buy-side Network in HK appeared first on Asian Private Banker.

In this four-part series, Asian Private Banker takes a look back at the major events that have shaped the competitive landscape for APAC wealth management in each quarter of 2019. Links to the other quarters: 1Q19 | 2Q19 | 3Q19 | 4Q19 FEBRUARY Schroders WM acquires IAM Thirdrock’s wealth management arm 1 Feb – Schroders Wealth Management struck the first […]

The post A year of handshakes, green lights, and ribbon-cutting: 1Q19 appeared first on Asian Private Banker.

Schroders Wealth Management’s Singapore CEO has resigned after three and a half years with the firm. Simon Lints will be leaving the firm in mid-December. His role for overseeing the Singapore operations of the firm’s wealth management business will be absorbed by Jason Lai, head of wealth management, Asia. Prior to this role, Lints was at Credit Suisse as team leader […]

The post Schroders WM’s Singapore CEO steps down appeared first on Asian Private Banker.

This week: Indosuez WM says US equities will continue rising going into 2020; UBP adds call options to participate in upside potential; PB CIOs warn of tail risks in the new year; Schroders WM CIO Caspar Rock cautions investors on equity valuations; and UBS GWM is positive on China hardware, underpinned by better-than-expected Q3 results. Indosuez WM: US equities to run […]

The post CIO Weekly – Featuring Indosuez WM’s Arjan de Boer appeared first on Asian Private Banker.

In view of the encouraging recovery in global equity markets in 2019, Schroders Wealth Management has urged clients to be mindful of high equity valuations. At an exclusive client event attended by Asian Private Banker, Caspar Rock, chief investment officer at the wealth manager announced that equity markets are currently above historical averages on valuations, and that investors should be wary […]

The post Schroders WM CIO Caspar Rock cautions investors on equity valuations appeared first on Asian Private Banker.

Amundi Asset Management has named two industry veterans to lead its sales efforts in South Asia and North Asia. Albert Tse will take up the role of head of distributions sales & marketing for South Asia, while Marie-Pascale Bonhomme will oversee Amundi’s activities in North Asia as head of business development and partnerships for North Asia and deputy general manager of […]

The post Amundi appoints North & South Asia sales heads appeared first on Asian Private Banker.

A day after announcing its expanded partnership with Bank of Communications, Schroders has shuffled its leadership ranks and promoted its Asia CEO to a global role, according to a news release. Lieven Debruyne, until yesterday Schroders’ Hong Kong-based CEO for Asia Pacific, will relocate to London as the fund house’s global head of distribution once a successor has been named. […]

The post Schroders’ Asia head promoted to global role appeared first on Asian Private Banker.

Schroders has entered into a new agreement with Bank of Communications to improve its client offerings and services in the China onshore market. Building on its joint venture with Bank of Communications — Bank of Communications Schroders Fund Management, established in 2005 — Schroders has expanded the terms to improve collaboration across the product management and fund distribution departments, thereby […]

The post Schroders deepens ties with BoCom to expand China onshore presence appeared first on Asian Private Banker.

This week: Schroders WM cautions on Asian equities; Bank of Singapore prepares for a challenging market ahead; Credit Suisse PB takes profit from EM HC and global IG bonds; UBS GWM prefers US and Japan equities and says market fears are “overstated”; and DBS Bank believes HK property prices will continue growing despite unrest. Schroders WM: Asia has “limited room […]

The post CIO Weekly – Featuring Schroders WM’s Vincent Ee appeared first on Asian Private Banker.

Schroders Wealth Management believes Asian equity markets will see limited upside for the remainder of 2019, as it does not forecast a near-term US-China trade resolution. “There is an ideological difference between the US and China,” Vincent Ee, head of DPM at Schroders Wealth Management, told Asian Private Banker. “The US is likely to continue the strongman politics heading to […]

The post Schroders WM: Asia has “limited room to run” in 2019 appeared first on Asian Private Banker.

Citi has added a financial behavioural analysis tool developed by Schroders to its wealth platform for its Citigold and Citigold Private Clients, the lender announced today. The tool — named ‘investIQ’ — aims to help users understand how their personalities affect their investment decisions and is currently being rolled out in Singapore, Malaysia, Thailand, Indonesia, and the Philippines. “This is another […]

The post Citi onboards Schroders’ behavioural analysis tool for WM clients appeared first on Asian Private Banker.

Schroders Wealth Management has reached an agreement with independent asset manager (IAM) Thirdrock Group to acquire the latter’s wealth management business, Asian Private Banker can reveal. According to the terms of the acquisition, the Singapore-based IAM with around S$3 billion in AUM will operate under the Schroders brand, and its employees — including relationship managers, portfolio managers, and the existing […]

The post Schroders WM acquires IAM Thirdrock’s wealth management arm appeared first on Asian Private Banker.

Hong Kong investors are less risk-averse and more value-oriented than their Asian and global counterparts, according to a recent Schroders Investment Management study. According to Schroders, the average Hong Kong investor allocates 69% of their portfolios to high- and medium-risk investments — significantly more than their Asian (57%) and global (56%) peers. Additionally, the city’s investors tend to rely more […]

The post HK investors less risk-averse, more value-oriented than global counterparts: Schroders appeared first on Asian Private Banker.

Despite dampened investor risk sentiment following a tumultuous year in the markets, Hong Kong’s investors are still “overly optimistic” about the potential of investment returns over the next five years, according to the ‘Schroders Global Investor Study 2018’. According to the survey, Hong Kong’s investors are more optimistic about future annual returns than they were last year, with the size […]

The post Hong Kong investors remain “overly optimistic” about returns appeared first on Asian Private Banker.

Maybank Asset Management Group and Schroder Investment Management (Singapore) Ltd have entered into a “long-term” strategic partnership, according to a joint press statement. Badrul Hisyam, CEO of Maybank Asset Management commented that the collaboration intends to leverage on the Southeast Asian footprint of Maybank and global investment expertise of Schroders to facilitate the joint development of global “specialist” investment solutions catered […]

The post Maybank AM and Schroders ink strategic partnership targeting ASEAN HNWIs appeared first on Asian Private Banker.

Bank of Singapore today confirmed the appointment of an industry veteran as its new chief investment officer. Rajeev De Mello will join Bank of Singapore as its CIO, pending regulatory approval. His role will include overseeing the research and investment strategy teams and chairing the bank’s investment committee. He succeeds Johan Jooste, who is now the head of rates for […]

The post Bank of Singapore confirms industry veteran as CIO appeared first on Asian Private Banker.

Schroders Wealth Management has hired the former Singapore head of Rothschild Wealth Management as a senior relationship manager for its business in the city-state, Asian Private Banker can confirm. Mike Hue, who was with Rothschild for two years, has joined the firm, where he will work alongside four other relationship managers. The Singapore wealth management arm is currently lead by Simon Lints, […]

The post Schroders WM hires former Rothschild WM Singapore head appeared first on Asian Private Banker.

Schroders has appointed a new global head of wealth management, Asian Private Banker has learnt. Peter Hall, former CEO of Tilney, will replace Andrew Ross as the global head of wealth management at Schroders in January. Prior to the appointment, Hall was Tilney’s chief executive for seven years until October 2017 and has since been an advisor to its parent company, Permira. Hall […]

The post Schroders appoints new global head of wealth management appeared first on Asian Private Banker.

Schroders has created a new senior role to boost its private banking distribution in Asia. Zal Devitre has joined Schroders as the head of private banking distribution and global financial client group, based in Singapore. The British asset management firm told Asian Private Banker that this is a newly-created role. Devitre reports to Showbhik Kalra, head of intermediary and product […]

The post Schroders creates new Asian private banking distribution role appeared first on Asian Private Banker.

Distribution and brand building costs remain high in Malaysia even as market demand for foreign funds continues to rise, notes a global research house. A prominent driver of asset under management (AUM) growth in Malaysia seems to be the demand for foreign-invested funds (FIFs), says a Cerulli report, adding that foreign houses have being increasingly active in the Southeast Asian nation […]

The post Costs to temper rising M’sian foreign fund demand appeared first on Asian Private Banker.