Nomura IWM taps Aberdeen for CIO
Based in Singapore, Ray Sharma-Ong will also head DPM.
Security and custody standards are identified as the biggest roadblock to investing.
McKinsey found that only 15% to 20% of HNWIs in the region have integrated life insurance into their wealth planning.
More than half value a hybrid approach combining AI with the expertise of financial professionals when making decisions.
According to insights from 225 technology leaders.
‘Meaningful AI budgets’ now expected, according to a survey.
Investor uncertainty over economic policy has led to millions being pulled from equity funds
Singapore and Hong Kong continued to record positive net flows despite overall regional outflows.
Europe and the UK dominated dividend distributions in the second quarter.
Wealthy investors are also broadening their portfolios for long-term growth.
Investors increasingly see Bitcoin as a potential long-term allocation within a diversified portfolio.
Multi-asset funds remained the strongest-performing asset class during the first half of this year.
The region will enjoy organic growth, fuelled by an expanding middle class and pension reforms.
However, reserve managers still expect strong global equity market performance, according to the latest UBS Asset Management survey.
Large institutional asset owners identified concentration risk, sustainable investing and diversification as core themes for the year ahead.
Industry has moved ‘beyond experimenting with AI’.
Asia Pacific retail investors are missing out on growth sitting mostly in cash, according to a Fidelity International study.