RBC adds four senior private bankers to boost its wealth planning services in Hong Kong, as Value Partners executes a planned succession for its fixed income desk.
The US asset manager has tapped veterans from J.P. Morgan and BlackRock to bolster its Hong Kong wealth and fixed-income teams as demand grows across Greater China.
As inflation erodes Japan’s traditional reliance on cash, over $820 billion in portfolio assets have flowed into the Cayman Islands in search of higher-yielding global alternatives.
The $630-billion manager is shunning the industry-wide push into private assets to focus on public market income, driving an eightfold surge in its flagship equity fund.
Asian wealth distribution is moving away from product-led selling toward consultative partnerships built around knowledge gaps rather than fund performance alone.
Asia’s wealth and asset management sector opens 2026 with a fresh round of senior appointments as firms recalibrate leadership amid shifting client demands