Business
HSBC launches ‘entrepreneurial wealth proposition’ in Singapore
A recent report by the lender names the Republic as entrepreneurs’ top destination for wealth and relocation HSBC on Friday (Oct 24)…
Tag
wealth
Business
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage,…
Business
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue Deep-pocketed sovereign wealth funds are…
Business
Indonesia sovereign wealth fund INA to trim exposure to infrastructure
Indonesia Investment Authority, one of the country’s two sovereign wealth funds, is looking to reduce its heavy reliance on infrastructure…
Business
LG’s India IPO is said to attract Abu Dhabi, Norway, Singapore wealth funds
The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14…
Business
LG Electronics’ India IPO said to attract Singapore’s GIC, Abu Dhabi and Norway wealth funds
The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14…
Business
OCBC launches upskilling programme to turn mortgage specialists into wealth advisers
OCBC has launched an “intensive four-month” upskilling programme to train mortgage specialists as wealth advisers, equipping them with…
Business
MUFG is hiring more bankers in Japan wealth management push
Backing the shift to this strategy is the government’s multi-year drive to get households to invest more Japan’s largest bank is…
Business
New clients will drive ESG revival: UBS wealth executive
A new wave of investors and private banking clients are increasingly demanding sustainable solutions for their portfolios, according to a…
Business
UBS boosts payouts for US wealth advisers amid intense hiring battle
The move comes after UBS lost several high-profile US wealth adviser teams to rivals or independence UBS Group is raising the payouts…
Business
Taiwan beating South Korea in key wealth gauge, with lots of TSMC help
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…
Business
TSMC’s rise to push Taiwan past South Korea in key wealth gauge
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…
Business
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund…
Business
Australia’s sovereign wealth fund tops A$252 billion, reduces US portfolio
Australia’s sovereign wealth fund, the Future Fund, said on Tuesday its valuation had reached A$252 billion (S$213.2 billion) as it pared…
Business
BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managers Citigroup said on Thursday (Sep 4) it will…
Business
Rothschild boosts Middle East wealth efforts with Liechtenstein deal
Rothschild is set to take over the United Arab Emirates subsidiary of the Liechtensteinische Landesbank (LLB), bolstering its presence in…
Business
Singapore key to HSBC’s global wealth strategy, says its bank’s wealth head here
As HSBC undergoes a global overhaul of its operations, Singapore remains a key priority of the bank’s strategy to “future-proof” itself,…
Business
Confidence Trumps Wealth in Investment Decisions
Self-doubt can be paralyzing, especially when you’re surrounded by wealthy, successful people. For years, I struggled with this feeling…
Business
Norway’s US$1.9 trillion wealth fund returns 5.7% in H1
Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion…
Business
Are sovereign wealth funds dumping Israeli investments?
The Norwegian government on Tuesday said it would review its sovereign wealth fund’s investment in Israel after the Scandinavian country’s…
Business
Apollo draws US$61 billion in record quarter, but less from wealth
Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in…
Business
Richest Indonesian adds US$20 billion to wealth on energy rally
Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the…
Business
What We Miss When We Talk About the Racial Wealth Gap
His reluctance to treat family structure as a causal factor is similarly puzzling. He notes that married Black households have an average…
News
Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub
Authorities in Singapore appear to be kicking it up a notch, as they round up more individuals and entities for their involvement in a S$3…