Asia Wealth Management Monitor – May 23, 2025
This is an experimental briefing generated by an automated AI workflow with limited human oversight. Please verify critical information independently.
Regional Index Performance
Index Price WTD 1-Month Return 1-Year Return
Hang Seng Index 23,544 0.85% 10.05% 22.50%
HSCEI 8,558 1.06% 8.36% 25.46%
CSI 300 3,914 0.64% 3.41% 6.47%
Nikkei 225 36,986 -2.03% 7.89% -5.04%
KOSPI 2,594 -1.26% 4.23% -4.79%
TAIEX 21,671 -0.79% 13.42% 2.04%
SENSEX 80,952 -1.67% 1.94% 9.46%
NIFTY 50 24,610 -1.64% 2.01% 9.24%
IDX Composite 7,167 0.85% 11.19% -0.27%
S&P/ASX 200 8,349 0.06% 6.77% 6.33%
In Focus
Banks miss $10t wealth opportunity by neglecting affluent women clients
Asian Banking & Finance • May 21, 2025, 12:06
Singapore university tops Asia for ultra-wealthy alumni, beating China's Tsinghua
VnExpress International • May 22, 2025, 07:02
Forest City's zero-tax incentive for single-family offices could be gazetted by Thursday
EdgeProp.my • May 19, 2025, 18:44
‘It’s unsafe’: why Trump’s ‘gold card’ visa is failing to lure wealthy Chinese
SCMP • May 23, 2025, 00:44
America Tops Global Wealth Growth — But the Wealthy Eye Opportunities Abroad
hubbis.com • May 22, 2025, 16:28
Private Banks - Performance
UBS Reshuffles Global Wealth Management Division
finews.asia • May 22, 2025, 17:23
Julius Baer Faces Major Setback in Ambitious Turnaround Efforts
Retail News Asia • May 22, 2025, 13:59
Is Julius Baer’s Strategy Update the Breakthrough the Bank Needs?
finews.asia • May 22, 2025, 19:23
EFG Posts Record Profit in First Four Months of 2025
finews.asia • May 22, 2025, 18:23
Deutsche Bank PB hits “sweet spot” under EM head Marco Pagliara
asianprivatebanker.com • May 19, 2025, 06:00
Bank of Singapore’s Hong Kong UHNW AUM surges 54% YoY as growth targets remain “on track”
asianprivatebanker.com • May 16, 2025, 18:13
Firm Strategies
Blackstone taps banks to broaden private-wealth business in Japan
Nikkei Asia • May 22, 2025, 00:16
Singapore's private banks use finance boot camps to target wealthy Chinese scions
Nikkei Asia • May 20, 2025, 05:00
Nuveen’s global wealth head on unlocking Asian wealth through private markets
asianprivatebanker.com • May 22, 2025, 18:00
S64 partners with DASH as alts firms target wealth Down Under
asianprivatebanker.com • May 22, 2025, 14:21
Ex-Private Banker Completes Buyout of OLZ’s Hong Kong Unit
finews.asia • May 22, 2025, 17:08
UBS to Open New Office in Abu Dhabi
finews.asia • May 22, 2025, 17:38
Private markets groups boost efforts to capture Middle East wealth
Citywire • May 21, 2025, 20:06
Products, Partnerships, Initiatives
HSBC GPB targets early-stage entrepreneurs with new offering
asianprivatebanker.com • May 21, 2025, 16:23
Mizuho teams up with Mercer to offer outsourced CIO services in Japan
Asian Banking & Finance • May 21, 2025, 12:24
Arta Finance partners with Singaporean advisory firm to bring alts opportunities to clients
asianprivatebanker.com • May 20, 2025, 15:04
Bank SinoPac Partners with CBTW to Implement Advanced Wealth Management Platform
The Straits Times • May 21, 2025, 12:11
Sun Life debuts IUL product in HK to target wealthy investors
Insurance Asia • May 22, 2025, 10:30
Family Offices
Private Banks Falling Short: The Family Office Challenge in Asia
Hubbis • May 19, 2025, 14:14
NF Trinity credits offshore expansion for China’s family office boom
AsianInvestor • May 20, 2025, 19:07
Asian family offices turn to crypto for diversification
AsianInvestor • May 19, 2025, 23:57
Casino tycoon Lawrence Ho’s family office invests in Hong Kong real estate broker IFCX
scmp.com • May 21, 2025, 08:30
The Hard Realities Of Family Office Economics – In Conversation With Stonehage Fleming
Wealth Briefing Asia • May 23, 2025, 00:43
Blue Pool gives funds to int’l college hoops league
Sports Business Journal • May 22, 2025, 20:09
Trade War Biggest Threat To Global Family Offices In 2025
wealthbriefingasia.com • May 22, 2025, 19:35
Surveys & Viewpoints
Apac family offices favour developed market equities, bonds: UBS report
The Business Times • May 22, 2025, 18:35
EY survey finds Asia wealth clients more likely to switch provider
fundselectorasia.com • May 20, 2025, 12:26
India is a supply, not demand, constrained market for private banks: LGT Wealth India CEO
MSN • May 20, 2025, 18:00
North Asia’s wealthy turn to trusts for impact: HSBC GPB’s Christina Tung
asianprivatebanker.com • May 20, 2025, 06:00
UBS' Benjamin Cavalli: More SFOs Considering MidEast
finews.asia • May 22, 2025, 19:38
Personnel
Exclusive: Barclays PB hires from JPM PB for North Asia team leader
Citywire • May 21, 2025, 17:04
Deutsche Bank Private Bank’s APAC CIO resigns
asianprivatebanker.com • May 21, 2025, 15:52
Singapore’s OCBC plans to stay the course in Hong Kong, hire talent despite trade war
scmp.com • May 16, 2025, 19:30
Standard Chartered raids Julius Baer for UAE private banking team
Financial News London • May 21, 2025, 15:37
StanChart Appoints Asia Philanthropy Head
finews.asia • May 20, 2025, 14:50
HSBC Global Private Banking has appointed Kapil Khanna as desk head for Australia, Japan, and International, effective 14 July 2025.
asianbankingandfinance.net • May 16, 2025, 11:58
Nomura IWM rejigs lending and credit leadership
asianprivatebanker.com • May 16, 2025, 14:13
SMBC Appoints Luis Pereira as Co-Regional CIO for Asia Pacific
Hubbis • May 16, 2025, 11:31
Hong Leong Bank taps Citi for new wealth COO
Citywire • May 20, 2025, 09:50
LGT’s India Wealth Unit Hires Alternatives Expert
finews.asia • May 21, 2025, 12:01
Lioner hires Francis Tang as managing director, Hong Kong
fundselectorasia.com • May 19, 2025, 12:40
StanChart appoints EMEA head and UAE bankers from Julius Baer
asianprivatebanker.com • May 21, 2025, 16:05
UBS to Shift Around 1000 Job Roles from Mumbai to Hyderabad
The Times of India • May 22, 2025, 06:01