High Net Worth
Newly-launched platform targets Singapore’s HNW and US expats
Crossbridge Capital and Morningstar are collaborating on a newly-launched digital advisory platform that targets high net worth (HNW) individuals and US expats, which they believe are under-served in Asia.
China partnership a route to HNWI opportunity, says UBP
A partnership with an onshore bank is the preferred path for access to the mainland HNW base, according to Michael Blake, Union Bancaire Privee’s chief executive of Asia.
Investment | 1 Aug 16
Wealthy investors reducing UK exposure post Brexit
Most high net worth individuals are looking to reduce their exposure to UK-based assets in the wake of the country’s vote to leave the European Union, according to deVere Group.
China’s banks seek Hong Kong wealth management operations
Mid-tier Chinese banks plan to expand wealth management activities in Hong Kong to serve mainland high net worth individuals (HNWIs), industry players said.
Tax & Regulation | 31 May 16
Isle of Man offers new banking licences to trusts and HNWs
The Isle of Man has begun accepting applications for a new banking licence aimed at non-retail deposit takers, which can be issued to high net worth individuals or new business startups.