Investors across six Asia-Pacific markets—Australia, China, Hong Kong, Japan, Taiwan, and Singapore—are planning to reduce their cash...

Kyobo Life Insurance has secured a licence to enter the asset trusts business, expanding its offerings as part of its evolution into a...

Japan’s Government Pension Investment Fund (GPIF) reported a record profit of JPY45.42tr (USD283bn) for the fiscal year ending March...

Investors in Japan have filed a new lawsuit against Mitsubishi UFJ Financial Group’s brokerage unit over losses from Credit Suisse’s...

Annabel Spring, head of HSBC Holdings’ private banking, is spearheading a new recruitment initiative aimed at reclaiming the title of...

The Chinese mainland market remains crucial for Hong Kong’s asset managers, with demographic changes and an evolving investment landscape...

Mirae Asset Global Investments, Korea’s leading asset management firm, will launch the Tiger US Nasdaq-100+ 15% Premium Daily Option ETF...

Crypto demand is rising in Japan, with 54% of investment managers planning to invest in digital assets over the next three years,...

Hong Kong investment products like insurance and high-yield time deposits are in high demand among wealthy Chinese seeking to protect...

Life insurers in Taiwan are issuing a record amount of subordinated bonds to improve their finances before a new 2026 accounting system...

Sumitomo Mitsui Trust Holdings has launched a private assets investment fund with US-based Apollo Global Management amid rising demand in...

DBS Group plans to increase its wealth business assets to SGD500bn (USD369.7bn) by the end of 2026, said Shee Tse Koon, head of the unit....

HSBC has finalised the acquisition of Citi’s retail wealth management portfolio in mainland China, expanding its presence across 11 major...

Hong Kong’s central bank chief and top executives from UBS Group AG and HSBC Holdings Plc have advocated for expanding the Wealth...

In Taiwan, the top 50 billionaires saw their combined wealth increase by 12.23% to USD174bn, fueled by a surge in AI applications. Barry...

The Asian Development Bank (ADB) announced it has increased its climate financing for private sector operations to USD1bn in 2023, with...

Thailand plans to issue up to USD1.1bn in baht-denominated sustainability-linked bonds (SLBs) in Q4, marking Asia’s first government-led...

In China, non-bank financial institutions like asset managers are benefiting from a surge in liquidity, as savers move away from...

EQT, the Swedish global investment firm, has successfully closed its BPEA EQT Mid-Market Growth Partnership (MMG Fund) at USD1.6bn. This...

Vietnam is shifting its economic growth model to create high-added value, focusing on attracting new-generation investment and technology...