Wealth Management
Nikko furthers Asian growth with Tyndall acquisition
                                                                                                 
                        
                        
  		Nikko Asset Management is set to acquire Tyndall Investments from Suncorp Group.		Tyndall currently has over US$24.5 billion in assets managed on...
                    
                                        
                    
                Yu’s Threadneedle appointment signifies Asian growth push
                                                                                                 
                        
                        
  	Threadneedle appointed Raymundo Yu to the newly created position of Asia Pacific Chairman. Mr Yu’s appointment will expand relationships and build on...
                    
                                        
                    
                $13.1B bid launched for AXA Asia Pacific
                                                                                                 
                        
                        
  	AMP and AXA SA launched a $13.1 billion-plus bid for AXA Asia Pacific. It closes one of Asia's largest takeovers that has dragged on for a year.
                    
                                        
                    
                Coglin joins Sarasin as Chief Investment Officer Asia
                                                                                                 
                        
                        
  	Bank Sarasin named Michael Coglin as a Managing Director and Chief Investment Officer Asia, based in Hong Kong. Coglin reports directly to Enid Yip...
                    
                                        
                    
                Sarasin introduces Asian wealth management team
                                                                                                 
                        
                        
  	Bank Sarasin formed a Wealth Management Solutions team in Asia led by Anne Luke as a Managing Director. Based in Singapore, the Wealth Management...
                    
                                        
                    
                RBC beefs up Asian presence with Fortis
                                                                                                 
                        
                        
  	RBC has acquired Fortis Wealth Management Hong Kong from Belgian Fortis Bank.
                    
                                        
                    
                Goldman divests 2.75bln ICBC shares for HK$15.9bln
                                                                                                 
                        
                        
  	Sale to boost Goldman’s returns from 37% of its initial investment to about $4bln.
                    
                                        
                    
                First Advisory Group expands to Asia
                                                                                                 
                        
                        
  	Liechtenstein-based financial services company First Advisory Group, Vaduz is opening offices in Singapore and Hong Kong.
                    
                                        
                    
                OCBC to kickstart "Go China" campaign
                                                                                                 
                        
                        
  	Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
                    
                                        
                    
                DBS Hong Kong to pay Lehman buyers HK$651mln
                                                                                                 
                        
                        
  	Lehman Brothers notes buyers classified as having low to medium risk would get money plus interest.
                    
                                        
                    
                HSBC says Hong Kongers most affluent in Asia
                                                                                                 
                        
                        
  	Over a third of Hong Kong assets invested in stocks and a quarter in RMB.
                    
                                        
                    
                Wealthy Singaporeans cautious about investments
                                                                                                 
                        
                        
  	Yet more than half of them still managed to grow net worth in the last six months.
                    
                                        
                    
                SBI to start wealth management services
                                                                                                 
                        
                        
  	State Bank of India mulls starting wealth management services in the current financial year.