Private Banks

The move is seen as a direct response to the growing sophistication and demand for bespoke wealth management solutions in Asia.

Key opportunities now lie in high-dividend stocks, investment-grade bonds, and a resurgent EM equity landscape—while gold is reaffirmed as a core holding in a structurally bullish cycle.

Julius Baer has had a presence in the Middle East since 2004, with offices in Dubai and Manama complemented by coverage from traditional hubs including Switzerland and the United Kingdom.

The recruitment drive builds on recent leadership appointments, including Phonda Chan as deputy Chief Executive of the Hong Kong Branch and Chua See Plu as market head for North Asia.

Nomura International Wealth Management has appointed Rahul Bhandari as Desk Head for South and Southeast Asia in Hong Kong.

The fund will be managed by UBP’s DPM team in Singapore, providing clients access to a wide spectrum of asset classes.

Standard Chartered is expanding its wealth management proposition in Asia with a new focus on client health, forging key partnerships with insurer Bupa Global and wearable-tech firm WHOOP to offer integrated wellness solutions to its affluent customer base.

Based in Frankfurt, Vivienne Chia will report to Alessandro Caironi, head of banking, lending and investment solutions.

The recent study reveals a "personalization gap," where firms are failing to meet client demands for hyper-personalization, leaving an estimated 90% of potential growth unrealized over a typical three-year planning cycle.

The hiring underscores the industry's shift towards holistic advisory services, directly addressing the region's significant intergenerational wealth transfer and the complex needs of its ultra-high-net-worth families.

Claude Andre Harbonn held senior leadership roles at UBS and Credit Suisse.

Asia's wealth management industry is undergoing a radical transformation, driven by the dual forces of a historic generational wealth transfer and the rise of artificial intelligence.