High Net Worth
DeVere UK launches HNW division in business expansion
DeVere UK, a member of the deVere Group, has launched a new High Net Worth division as part of a planned expansion to deal with a forecast 50% rise in business levels for 2016.
Singapore outpacing Hong Kong for millionaires
The population of millionaires in Singapore is expected to grow by more than 18.3% by 2020, compared with 15.6% in Hong Kong.
Thailand plans revising investor eligibility for mutual funds
Thailand has proposed revising the rules to ensure only accredited investors – such as high net worth individuals – with matching risk profiles are eligible to invest in high risk mutual funds.
Old Mutual Int’l kick starts Isle of Man high net worth team
Old Mutual International has launched a new high net worth team in its Isle of Man service centre to meet rising demand from wealthy individuals.
Asia Pacific HNWI population grows 8.5% in 2014
The Asia-Pacific was the fastest growing region in 2014 for high-net-worth individuals, those with $1m investable assets.