12/08/2023
Apac remains a growth region for asset managers: KPMG
A new report by KPMG finds that asset managers can generate higher and more stable margins in Asia Pacific.
Comment, Analysis & Research
12/07/2023
‘Crazy rich’ Chinese making headaches for Singapore
Singapore is a big beneficiary of China’s rising capital flight but not all of the footloose funds are desirable or clean
12/06/2023
HSBC: Nearly No Entrepreneurs Reveal Transfer Plans
More than one-third of entrepreneurs worldwide are considering an exit from their business within the next five years.
12/06/2023
Hong Kong is Getting a Head Start in Becoming World’s Top Family Office Hub
Secretary for Financial Services and the Treasury, Christopher Hui and Chairman of the Newly Established Hong Kong Academy for Wealth Legacy, billionaire entrepreneur Adrian Cheng, share their views.
12/05/2023
Global regulatory update Q3 2023
Those updates covered a range of topics from environmental, social, and corporate governance to digital assets, anti-money laundering, counter-financing of terrorism and changes to several major regulations.
12/04/2023
To Be Perfectly Transparent
The FATF official guidance or “Recommendations” 24 (companies) and 25 (trusts) have now been formally updated, as at February 2023.
12/01/2023
UBS: Billionaire Inheritance Outpaces Entrepreneurship
Within Asia, the average wealth of inheritors was $2 billion, ahead of the $1.6 billion held by the average entrepreneur in the region.
11/28/2023
Seizing the Growth Potential in Asia’s Dynamic Wealth Management Markets
The discussion took place in three key phases, supported by a detailed slide show offered by Accenture.
11/27/2023
SMFG Group CEO Passes Away
Jun Ohta, the president and group CEO of Sumitomo Mitsui Financial Group (SMFG), passed away on 25 November 2023 at the age of 65
11/21/2023
Vietnam’s ultra-rich individuals to hit 1,300 by 2027: Knight Frank
It predicts that Vietnam will have more than 112,200 millionaires by 2027, a more than 60% increase from 2022 and a 173% increase from 2017.
11/21/2023
APRA releases superannuation statistics for September 2023
Employer contributions increased by 13.7 per cent over the year
11/20/2023
41% to Redefine Retail Banking in Asia/Pacific, Inclined to Invest on Generative AI, According to IDC
In the report, IDC prioritizes the GenAI use cases and the best practices in the Asia/Pacific region across six key customers journeys: acquisition, onboarding, transaction processing, servicing, portfolio management, and risk management and collections.
11/17/2023
HSBC Asset Management's Shah and Mehta: There are bright spots when investing in India
Diwali boost to Indian investment
11/15/2023
Calastone: Asia is a Fund Tokenization Leader
Firms engaged in fixed income and private assets were most advanced in their implementation efforts.
11/15/2023
Singapore family office reveals frontier tech investing approach
Private equity investments are something we continue to look at with a focus on six key sectors.
11/15/2023
Carney Mak of FXHB Asset Management shares insights on family offices from the Singapore financial community’s view
“We always strongly advocate the importance of social responsibility and localisation.”
11/13/2023
AllianzGI bullish on China as ‘high-quality growth’ will create wealth management demand, CEO Tobias Pross says
Chinese regulators in August granted initial approval to AllianzGI to set up an onshore fund management company, which should start operations next year
11/13/2023
Banks hunt for growth amid economic headwinds
The EY analysis of the big four banks’ 2023 full-year results found their combined statutory earnings were up 8.2% from the same time last year, to $31.99 billion.
11/06/2023
Oral reply to Parliamentary Questions on banking services disruption of DBS and Citibank on 14 October 2023
Mr Speaker, Sir, may I have your permission to answer all the Parliamentary Questions 47 to 54 in today’s Order Paper
11/03/2023
e-Conomy SEA 2023 Report Unveils that Singapore Poised to Lead Digital Lending in Southeast Asia
This surge is credited to high lending rates and consumer demand from underbanked demographics, further propelled by intensified competition among digital financial service providers.