Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips. Which wealth management models are outdated and how can the mass affluent ‘move with the times’ and get the proper advice we deserve? Correspondent Howie Lim speaks to Adam Reynolds, CEO, Saxo Markets Singapore to find out.
(BLOOMBERG) – Citigroup Inc is planning a 500- person hiring spree over the next three years for a new wealth division catering to junior employees at private equity offices, consultancies and accounting firms, betting those clients will some day join the ranks of the ultra wealthy. The bank started the unit, known as Wealth at […]
SHANGHAI, China, Aug. 05, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced that it has entered into a series of definitive share transfer agreements and capital increase agreement with Beijing iLife3 Technology Co. Ltd (“Life Infinity”), one […]
HONG KONG, July 28, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Futu Holdings Limited (“Futu” or the “Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that S&P Global Ratings (“S&P”) reaffirmed the Company’s long-term issuer credit rating at “BBB-” and maintained stable outlook on the long-term rating. According to S&P, Futu […]
Synopsis: Learn to protect and grow your wealth in this monthly Business Times podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua. Philanthropy is almost always associated with very wealthy families. If you have less wealth but many good intentions, can you also engage in philanthropy? Genevieve Cua speaks to Anthony Gao, […]
LONDON (BLOOMBERG) – An Abu Dhabi sovereign wealth fund is fast emerging as a white knight for tech firms seeking funds in a volatile market. Mubadala Investment, the US$284 billion (S$399.8 billion) state-owned fund, is defying a rout in technology valuations and becoming a go-to investor in a sector where fortunes have turned overnight. The […]
BEIJING, China, July 01, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced its financial results for the six months ended […]
SINGAPORE – Standard Chartered Bank is investing US$500 million (S$694 million) in tech and digital wealth capabilities over the next five years to boost its business catering to the region’s well-heeled. The funds will be used to enhance customer experience on the bank’s platforms and develop its back-end capabilities.
Synopsis: Learn to protect and grow your wealth in this monthly Business Times podcast series for affluent individuals, hosted by BT wealth editor Genevieve Cua. What are the promising healthcare investment themes within private markets? Private equity offers an avenue to invest in promising smaller companies before their value becomes widely recognised. For more insights, […]
SHANGHAI, China, June 27, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced that Mr. Vincent Chun Hung Chan has been appointed to its Board of Directors, effective June 27, 2022. Mr. Vincent Chun Hung Chan […]