Private Banks

DBS and Franklin Templeton to launch tokenised trading and lending soltions in partnership with Ripple

Private banks in Asia are steering wealthy clients toward systematic strategies and monetary metals as traditional equity-bond diversification falters. Rising correlations, inflation risks, and geopolitical uncertainty are driving renewed demand for uncorrelated returns, said Madeline Han, head of Asia at Jupiter Asset Management.

UOB Private Bank has partnered with Hamilton Lane to launch the first Asia-focused semi-liquid evergreen private equity fund.

Lazard names a new global asset management CEO, while Schroders and Bain strengthen their Asia benches with seasoned leaders and advisors, underscoring the sector’s focus on continuity and expertise.

In an era where philanthropy is evolving from heartfelt generosity to strategic impact, Lombard Odier’s Dr. Maximilian Martin emphasizes the growing importance of due diligence, science-based solutions, and measurable outcomes.

The strategic partnership will see the creation of Citi Portfolio Solutions powered by BlackRock.

Based in Singapore, the new head will lead the bank's strategic push to expand its alternatives offering for clients across the region.

Industry veteran to drive investment strategy and discretionary portfolio management across high-growth markets.

The appointments come as Lombard Odier continues to strengthen its foothold in key Asian markets, including Thailand and broader Southeast Asia.

Two opposing trends are emerging: the US dollar faces sustained pressure from a standalone Fed easing cycle, while China's stock market rally is built on a surge in liquidity that may be temporary, reports from Lombard Odier and UBS show.

The bank advices a strategic shift in global asset allocation, emphasizing the growing appeal of Asian markets as a primary engine for equity returns in the coming year, while holding a more cautious and selective approach to richly valued US stocks.

Arfat Qayyum joins UBP from Credit Suisse’s Qatar branch, where he most recently served as CEO.