Multi-family offices facing cost challenges
Growth in the number of new external asset managers and multi-family offices in Asia seems to be slowing due to the rising cost of compliance and talent, say private bankers.
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Growth in the number of new external asset managers and multi-family offices in Asia seems to be slowing due to the rising cost of compliance and talent, say private bankers.
Continue readingIn a megabucks deal two weeks ago, OCBC Bank snagged the wealth and investment management business that Britain’s Barclays Bank has in Singapore and Hong Kong, for a cool US$320 million (S$430 million).
Continue readingSingapore could benefit from smart money’s flight from ‘dodgy’ to quality jurisdiction (Source: The Business Times).
Continue readingBryan Goh, CIO at Bordier & Cie, describes negative rates as “the waterboarding of the economy and banking system.”
Continue readingIn this edition of Insider Talk, we ask the professionals about China. Many commentators have said that in order to improve their economy and strengthen their currency it is time […]
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