Managers of Wealth - Asia http://asia.managersofwealth.com/ Sun, 26 Jun 2022 21:49:11 BST part of MediaG8way Group http://asia.managersofwealth.com/ http://asia.managersofwealth.com/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Apex Group wins Octopus Investments Australia mandate News Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68672/apex-group-wins-octopus-investments-australia-mandate Octopus Australia is building a portfolio of renewable energy assets that will help Australia lower its carbon emissions and meet its renewable energy targets while delivering sustainable, long-term returns for investors. Wealth and Asset Management Lombard Odier’s Asia CIO on Portfolio Agility as the World Faces up to Inflation Mutating to Low Global Growth News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68662/lombard-odieramprsquos-asia-cio-on-portfolio-agility-as-the-world-faces-up-to-inflation-mutating-to-low-global-growth Looking ahead, to 2023, he said the bank currently thinks the story might evolve from an inflation scare to a growth scare. Wealth and Asset Management Crossinvest (Asia) COO & Head of Wealth Management on Building the Female Clientele in Asia and the Value of Loyalty News Aggregation Team Wednesday, June 22, 2022 1:00 am http://asia.managersofwealth.com/article/68637/crossinvest-asia-coo-ampamp-head-of-wealth-management-on-building-the-female-clientele-in-asia-and-the-value-of-loyalty One of the expert panellists was Lucy Gao-Azak, who since January this year has been the Chief Operating Officer & Head of Wealth Management for Crossinvest (Asia). Wealth and Asset Management Credit Suisse Names Asia ECM Syndicate Co-Heads News Aggregation Team Monday, June 20, 2022 1:00 am http://asia.managersofwealth.com/article/68621/credit-suisse-names-asia-ecm-syndicate-co-heads Lee and Chan will be jointly responsible for the execution and syndication of equity offerings in the region with the former focused on North Asia and the latter focused on Southeast Asia, India and Australia where she will partner with head of Australia Wealth and Asset Management UBS Adds Private Banking Trio for Southeast Asia News Aggregation Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68599/ubs-adds-private-banking-trio-for-southeast-asia The three new additions join the bank’s global wealth management APAC Thailand and Philippines business sector. Wealth and Asset Management UBS makes senior wealth hires in Southeast Asia News Aggregation Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68613/ubs-makes-senior-wealth-hires-in-southeast-asia The Swiss private bank has announced three additions to its Thailand and Philippines business. Wealth and Asset Management Second year in a row, Indian funds in Swiss banks rise; at 14-yr high in 2021 News Aggregation Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68615/second-year-in-a-row-indian-funds-in-swiss-banks-rise-at-14-yr-high-in-2021 India and Switzerland had, for automatic sharing of financial account information, signed a Joint Declaration on November 22, 2016 for activation of AEOI in tax matters between the two nations. Wealth and Asset Management Julius Baer: Asia is Home to the Most Expensive Cities News Aggregation Team Thursday, June 16, 2022 1:00 am http://asia.managersofwealth.com/article/68595/julius-baer-asia-is-home-to-the-most-expensive-cities The index indicates that purchasing power has been hit this year, with the price of goods and services for the rich having risen 15 percent and 22 percent, respectively, on average. Wealth and Asset Management Lombard Odier: «Market Swings Don’t Have a Big Impact on Us» News Aggregation Team Tuesday, June 14, 2022 1:00 am http://asia.managersofwealth.com/article/68565/lombard-odier-amplaquomarket-swings-donamprsquot-have-a-big-impact-on-usampraquo With global equity and bond markets down in 2022 – including extra pain in Greater China – most private banks in Asia will be feeling the drag of lower trading volumes from the region’s notoriously self-directed, hands-on investors. Wealth and Asset Management How AIA Singapore will help you find the true meaning of wealth News Aggregation Team Tuesday, June 14, 2022 1:00 am http://asia.managersofwealth.com/article/68576/how-aia-singapore-will-help-you-find-the-true-meaning-of-wealth At AIA, we recognise the urgent needs of underserved HNWIs amid the explosion in Asian wealth. Wealth and Asset Management Julius Baer Unveils Senior Appointments for Southeast Asia News Aggregation Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68665/julius-baer-unveils-senior-appointments-for-southeast-asia In his new role, Lee will focus on building and strengthening the bank's top client relationships; accelerating key initiatives such as the development of the ultra-high net worth segment; and new client acquisitions. Executive Moves NDB Wealth Management appoints Ruwan Perera as new CEO News Aggregation Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68666/ndb-wealth-management-appoints-ruwan-perera-as-new-ceo An Alumnus of the University of Colombo, Ruwan graduated with a BSc in Physical science. Executive Moves Franklin Templeton Taps NAB Veteran for Strategist Role News Aggregation Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68667/franklin-templeton-taps-nab-veteran-for-strategist-role Franklin Templeton has around $1.45 trillion in assets under management as of end-May. Executive Moves HSBC Hires Ex-UBS Private Banker for North Asia News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68645/hsbc-hires-ex-ubs-private-banker-for-north-asia He also spent 19 years at Goldman Sachs Private Wealth Management where he was its head of portfolio management group in Asia. Executive Moves Future Fund Chief Investment Officer Decided To Exit News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68648/future-fund-chief-investment-officer-decided-to-exit She has been in the role since December 2020. Executive Moves Insignia bolsters responsible investing team News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68649/insignia-bolsters-responsible-investing-team “Having James on the team will allow us to better showcase the ESG focus that already exists, while also ensuring our approach remains relevant and contemporary.” Executive Moves Equip makes key leadership appointments News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68650/equip-makes-key-leadership-appointments "She brings a strong understanding of the super industry, highly developed leadership skills and a clear passion for delivering great outcomes for our people, our members and our employers," Executive Moves UBS Expands Alts Team in Singapore News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68660/ubs-expands-alts-team-in-singapore A spokesperson for the bank confirmed the contents of the memo. Executive Moves Citi Appoints Top Cluster Heads in Asia News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68661/citi-appoints-top-cluster-heads-in-asia Citi appoints Tim Monger as head of the North and East Asia cluster alongside Amol Gupte as head of the South Asia and ASEAN cluster Executive Moves St. James’s Place Tax and Legal Arm Expands in Singapore News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68663/st-jamesamprsquos-place-tax-and-legal-arm-expands-in-singapore He will be asked with growing the firm’s tax and estate planning offering in Asia. Executive Moves ASIC warns super trustees to be transparent in their underperformance communications to members News Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68671/asic-warns-super-trustees-to-be-transparent-in-their-underperformance-communications-to-members The review found that trustees whose products failed generally complied with the legal obligations to notify their members of the failed test and to disclose the failed test on their website. Legal, Regulation & Compliance Advice firm unveils portfolio management service News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68646/advice-firm-unveils-portfolio-management-service It will feature a mix of active and passive funds Legal, Regulation & Compliance ASIC calls for better disclosure of business risks and asset values following financial reports review News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68652/asic-calls-for-better-disclosure-of-business-risks-and-asset-values-following-financial-reports-review Making inquiries of individual entities does not necessarily lead to material restatements in every case. Legal, Regulation & Compliance SFC publishes Annual Report 2021-22 News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68654/sfc-publishes-annual-report-2021-22 Combating investment fraud and scams on online platforms remained an SFC enforcement priority. Legal, Regulation & Compliance Morgan Stanley Advisor Wins Right to Keep 1MDB-Linked Condo News Aggregation Team Wednesday, June 22, 2022 1:00 am http://asia.managersofwealth.com/article/68638/morgan-stanley-advisor-wins-right-to-keep-1mdb-linked-condo The Walker Tower board said that its bylaws gave it the right to first refusal to any condo sale in the building and also claims that the sale was made at a deep 64 percent discount. Legal, Regulation & Compliance MAS and SFA invite entries for 2022 FinTech Awards News Team Monday, June 20, 2022 1:00 am http://asia.managersofwealth.com/article/68625/mas-and-sfa-invite-entries-for-2022-fintech-awards The Awards, supported by PwC Singapore, seek to recognise innovative FinTech solutions by FinTech companies, financial institutions, technology companies Legal, Regulation & Compliance China Business Law Journal names Harneys "Best Offshore Law Firm" News Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68608/china-business-law-journal-names-harneys-ampquotbest-offshore-law-firmampquot These awards really reflect the incredible teamwork, client focus and positive attitude of our people in China, who continue to deliver despite the challenges posed. Legal, Regulation & Compliance Stephenson Harwood named winner of seven categories at China Business Law Awards News Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68616/stephenson-harwood-named-winner-of-seven-categories-at-china-business-law-awards The annual China Business Law awards recognise the best Chinese and international law firms in Greater China. Legal, Regulation & Compliance APRA finalises its macroprudential policy framework News Team Thursday, June 16, 2022 1:00 am http://asia.managersofwealth.com/article/68593/apra-finalises-its-macroprudential-policy-framework APRA has a broad range of macroprudential measures that can be used to reduce financial stability risks. Legal, Regulation & Compliance Allianz and AWP plead guilty to charges for making false statements about travel insurance News Team Thursday, June 16, 2022 1:00 am http://asia.managersofwealth.com/article/68594/allianz-and-awp-plead-guilty-to-charges-for-making-false-statements-about-travel-insurance The pleas were lodged before the Downing Centre Local Court in Sydney on 14 June 2022. Legal, Regulation & Compliance BIS compares projects to transfer central bank digital currencies across borders News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68644/bis-compares-projects-to-transfer-central-bank-digital-currencies-across-borders The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done. FinTech Evolution of the cryptocurrency landscape in Singapore News Team Wednesday, June 22, 2022 1:00 am http://asia.managersofwealth.com/article/68640/evolution-of-the-cryptocurrency-landscape-in-singapore The service of dealing in, or facilitating the exchange of, DPT is regulated under the PSA. FinTech Temasek-backed Partior Taps SWIFT Veteran News Aggregation Team Tuesday, June 21, 2022 1:00 am http://asia.managersofwealth.com/article/68630/temasek-backed-partior-taps-swift-veteran Payments Firm Partior Hires Industry Veterans as CEO FinTech Rabobank Australia signs five-year software licence agreement with Identitii News Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68610/rabobank-australia-signs-five-year-software-licence-agreement-with-identitii Rabobank Australia will use Identitii’s cloud-hosted reporting platform, to help further automate IFTI reporting to AUSTRAC. FinTech FinTech Australia scores five new corporate partnerships News Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68609/fintech-australia-scores-five-new-corporate-partnerships FinTech Australia's ecosystem partnership program helps companies collaborate with the fintech sector and foster relationships with its key players. FinTech Aussies commence more than 2 million claims to uncover government benefits and rebates News Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68606/aussies-commence-more-than-2-million-claims-to-uncover-government-benefits-and-rebates The Benefits finder feature has recorded a new milestone, with more than 2 million claims started by Aussies keen to uncover their unclaimed benefits, rebates and support payments. FinTech Manulife joins forces with Vietnam fintech firm News Aggregation Team Wednesday, June 15, 2022 1:00 am http://asia.managersofwealth.com/article/68589/manulife-joins-forces-with-vietnam-fintech-firm The partnership hopes to narrow the health protection gap. FinTech Carey Olsen and Oakbridge support Play Ventures on launch of venture capital blockchain and metaverse gaming fund News Team Tuesday, June 14, 2022 1:00 am http://asia.managersofwealth.com/article/68573/carey-olsen-and-oakbridge-support-play-ventures-on-launch-of-venture-capital-blockchain-and-metaverse-gaming-fund The Fund invests in global early-stage pre-seed, seed, Series A and blockchain and metaverse gaming companies and tokens. FinTech Singapore Crypto Exchange Cuts Headcount News Aggregation Team Tuesday, June 14, 2022 1:00 am http://asia.managersofwealth.com/article/68579/singapore-crypto-exchange-cuts-headcount Over the weekend, digital currency markets were once again rattled this time by top crypto lending platform Celsius, which said late Sunday it was halting withdrawals, swaps and transfers. FinTech Citi spotlights digital innovations in Philippine payments system News Aggregation Team Monday, June 13, 2022 1:00 am http://asia.managersofwealth.com/article/68574/citi-spotlights-digital-innovations-in-philippine-payments-system The BSP envisions creating a more vibrant and inclusive digital financial ecosystem by 2023 with the target to digitize 50% of the total retail payment volumes and to have 70% of the Filipino adults be financially included. FinTech Shanghai Leads Global IPO Rankings Despite Lockdowns News Aggregation Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68668/shanghai-leads-global-ipo-rankings-despite-lockdowns Behind Shanghai is runner-up Shenzhen Stock Exchange followed by Korea Stock Exchange which raised around $15.4 billion and $11.5 billion, respectively. Alternative Investments BNY Mellon Investment Management and Maybank Securities (Thailand) to form partnership for model portfolio services News Aggregation Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68669/bny-mellon-investment-management-and-maybank-securities-thailand-to-form-partnership-for-model-portfolio-services ith the output and support from BNY Mellon IM, Maybank Securities (Thailand) will exercise its discretion to select and modify the appropriate portfolios for its eligible clients in the Thailand market as its system decides their risk profiles and volatil Alternative Investments Blackstone Completes Acquisition of Crown Resorts in the Firm’s Largest Investment to Date in Asia News Team Friday, June 24, 2022 1:00 am http://asia.managersofwealth.com/article/68670/blackstone-completes-acquisition-of-crown-resorts-in-the-firmamprsquos-largest-investment-to-date-in-asia As one of Australia’s largest entertainment groups, Crown makes a major contribution to the Australian economy. Alternative Investments Malaysia’s EPF warns soaring inflation, rate hikes will dampen global markets News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68647/malaysiaamprsquos-epf-warns-soaring-inflation-rate-hikes-will-dampen-global-markets “Inflationary concerns, supply chain disruptions and tightening of monetary policy by major central banks are likely to continue to dampen both the equity and bond markets,” Alternative Investments APRA publishes additional FAQs on Phase 1 of the Superannuation Data Transformation project News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68653/apra-publishes-additional-faqs-on-phase-1-of-the-superannuation-data-transformation-project APRA has also updated Historical Data FAQ 1.0 to reflect a three-month extension to the due date for some types of investment options. Alternative Investments Apollo partners with Hostplus to launch $1.25 billion Asia Pacific Credit Strategy News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68659/apollo-partners-with-hostplus-to-launch-125-billion-asia-pacific-credit-strategy Multi-sector, yield-focused mandate leverages Apollo’s origination and credit expertise in APAC Region Alternative Investments SMFG in Talks for SBI Stake News Aggregation Team Wednesday, June 22, 2022 1:00 am http://asia.managersofwealth.com/article/68642/smfg-in-talks-for-sbi-stake Bloomberg reported that representatives of SMFG and SBI had said nothing had yet been decided. Alternative Investments DBS turns unsecured loans into trade finance for SMEs News Aggregation Team Tuesday, June 21, 2022 1:00 am http://asia.managersofwealth.com/article/68628/dbs-turns-unsecured-loans-into-trade-finance-for-smes DBS intros data-analytics credit facility with the Hong Kong chapter of trade-standards provider GS1. Alternative Investments Wellington targets Hong Kong retail funds News Aggregation Team Monday, June 20, 2022 1:00 am http://asia.managersofwealth.com/article/68617/wellington-targets-hong-kong-retail-funds The investment management firm launches four investment funds for local investors. Alternative Investments Australia BNPL Acquisition Deal Collapses News Aggregation Team Monday, June 20, 2022 1:00 am http://asia.managersofwealth.com/article/68619/australia-bnpl-acquisition-deal-collapses The market didn’t take the news well. Alternative Investments Super-Rich Families Face Longer Wait for Tax Breaks in Singapore News Aggregation Team Friday, May 27, 2022 1:00 am http://asia.managersofwealth.com/article/68426/super-rich-families-face-longer-wait-for-tax-breaks-in-singapore Singapore has worked hard to attract some of the world’s wealthiest clans; its low taxes, relative safety and gradual re-opening of its borders have made it an ideal haven. Tax Industry Taskforce Consults on Second Version of Green and Transition Taxonomy News Team Friday, May 13, 2022 1:00 am http://asia.managersofwealth.com/article/68279/industry-taskforce-consults-on-second-version-of-green-and-transition-taxonomy The three sectors covered under this second version are part of the eight focus sectors3 that collectively account for close to 90% of ASEAN greenhouse gas emissions. Tax Singapore: Additional Buyer Stamp Duty of 35% chargeable on the transfer of residential property into certain trusts with effect from 9 May 2022 News Team Wednesday, May 11, 2022 1:00 am http://asia.managersofwealth.com/article/68256/singapore-additional-buyer-stamp-duty-of-35-chargeable-on-the-transfer-of-residential-property-into-certain-trusts-with-effect-from-9-may-2022 By way of background, ABSD is imposed under the Stamp Duties Act 1939 (‘SDA’) on an agreement for sale Tax Singapore’s latest tax targets super rich News Aggregation Team Tuesday, May 10, 2022 1:00 am http://asia.managersofwealth.com/article/68250/singaporeamprsquos-latest-tax-targets-super-rich “The new rule is targeted at the wealthy,” said Nicholas Mak, head of research at ERA. Tax Beneficial ownership transparency: how to fix a serious secrecy loophole in the automatic exchange system News Team Wednesday, April 27, 2022 1:00 am http://asia.managersofwealth.com/article/68146/beneficial-ownership-transparency-how-to-fix-a-serious-secrecy-loophole-in-the-automatic-exchange-system This loophole works because the beneficial owner of an account is not always reported under the OECD’s standard (CRS) and is never reported by the US under the inter-governmental agreements related to the Foreign Account Tax Compliance Act Tax Making tax dispute resolution more effective News Team Monday, April 25, 2022 1:00 am http://asia.managersofwealth.com/article/68121/making-tax-dispute-resolution-more-effective Andorra, Macau (China) and Tunisia ensure that MAP agreements can always be implemented notwithstanding domestic time limits. Tax Singapore Family Offices Set to Face Tighter Tax Incentive Rules News Aggregation Team Thursday, April 14, 2022 1:00 am http://asia.managersofwealth.com/article/68047/singapore-family-offices-set-to-face-tighter-tax-incentive-rules In addition, such family offices must have a minimum of two investment professionals with a 1-year grace period for hiring the second professional and minimum local business spending of S$200,000, subject to tiered criteria based on the assets under manag Tax Double taxation relief for Indian IT companies operating in Australia News Aggregation Team Monday, April 04, 2022 1:00 am http://asia.managersofwealth.com/article/67931/double-taxation-relief-for-indian-it-companies-operating-in-australia Both the trade deal and changes to domestic Australian tax laws will come into effect once the Australian Parliament ratifies the deal after the general elections due in May are completed in Australia Tax Are Hong Kong tax incentives for family offices ‘too little, too late’? Some lawmakers think so News Aggregation Team Monday, April 04, 2022 1:00 am http://asia.managersofwealth.com/article/67935/are-hong-kong-tax-incentives-for-family-offices-amplsquotoo-little-too-lateamprsquo-some-lawmakers-think-so It maybe too late as Singapore has offered tax waivers since 2020, lawmaker for accountancy constituency says Tax Consultation paper released on proposed tax concession for single family offices News Team Friday, March 25, 2022 12:00 am http://asia.managersofwealth.com/article/67841/consultation-paper-released-on-proposed-tax-concession-for-single-family-offices After taking the comments into consideration, a tax amendment bill will be introduced to the Legislative Council. Tax Young movers driving growth in regional areas News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68655/young-movers-driving-growth-in-regional-areas Regional migration is at a five-year high and young people are driving growth, according to new data from the Commonwealth Bank and the Regional Australia Institute’s Regional Movers Index. Comment, Analysis & Research How planning ahead can benefit you in retirement News Team Monday, June 20, 2022 1:00 am http://asia.managersofwealth.com/article/68624/how-planning-ahead-can-benefit-you-in-retirement ‘It’s important to engage with your circumstances, work out how much you spend, do a budget, and consider whether your money is going to last. Comment, Analysis & Research Slowing or stalling? A cautious outlook for the global economy News Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68597/slowing-or-stalling-a-cautious-outlook-for-the-global-economy Russia’s invasion of Ukraine was the first, and has altered some dynamics in the global economy forever. Comment, Analysis & Research T Rowe Price bets on China reopening stocks News Aggregation Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68612/t-rowe-price-bets-on-china-reopening-stocks The prolonged Covid pandemic and stringent regulations are creating investment opportunities for investors in the long term, said the asset manager. Comment, Analysis & Research With cryptos and NFT’s sinking, diamonds are the way to stay afloat News Aggregation Team Friday, June 17, 2022 1:00 am http://asia.managersofwealth.com/article/68614/with-cryptos-and-nftamprsquos-sinking-diamonds-are-the-way-to-stay-afloat Hong Kong-based Lo’s Legacy Jewelry Fund will witness one-of-a-kind necklaces and other pieces from the world’s top jewelry houses like Van Cleef & Arpels, Cartier, and Bulgari. Comment, Analysis & Research Why billionaires are setting up family offices in Singapore News Aggregation Team Thursday, June 16, 2022 1:00 am http://asia.managersofwealth.com/article/68596/why-billionaires-are-setting-up-family-offices-in-singapore In recent months, the family office of Hong Kong billionaire Li Ka-shing opened an outpost in Singapore, joining others such as Oppenheimer Generations, the family office of former De Beers chairman Nicky Oppenheimer. Comment, Analysis & Research Hong Kong Must Reopen to Remain a Financial Hub News Aggregation Team Monday, June 13, 2022 1:00 am http://asia.managersofwealth.com/article/68562/hong-kong-must-reopen-to-remain-a-financial-hub Despite recent steps to relax some pandemic restrictions, Hong Kong continues to require a 7-day quarantine for any foreign arrivals. Comment, Analysis & Research Macquarie tops 2022 Institutional Investor Asia Pacific (ex-Japan) Regional/Local Broker Rankings News Team Wednesday, June 08, 2022 1:00 am http://asia.managersofwealth.com/article/68535/macquarie-tops-2022-institutional-investor-asia-pacific-ex-japan-regionallocal-broker-rankings “We are proud to receive this recognition from Institutional Investor, which reflects the ability of our teams to identify the cutting-edge thematics that are constantly redefining the markets, industries and economies of the incredibly dynamic Asia Comment, Analysis & Research Less than half of Singapore investors are satisfied with their wealth managers: Accenture News Aggregation Team Monday, June 06, 2022 1:00 am http://asia.managersofwealth.com/article/68515/less-than-half-of-singapore-investors-are-satisfied-with-their-wealth-managers-accenture This may result in investors more likely to move assets to firms that offer robust advice offerings. Comment, Analysis & Research Three Opportunities News Team Tuesday, May 31, 2022 1:00 am http://asia.managersofwealth.com/article/68457/three-opportunities Vietnam continues to enjoy healthy capital inflows as overseas companies seek to diversify their Asian manufacturing bases away from China. Comment, Analysis & Research NAB: Worker Shortages Spur Entry to Vietnam, India News Aggregation Team Tuesday, June 21, 2022 1:00 am http://asia.managersofwealth.com/article/68633/nab-worker-shortages-spur-entry-to-vietnam-india NAB has acquired a Vietnam operation, buying out partner Positive Thinking for the Ho Chi Minh City technology center, and it is setting up Indian operations, the report said. Retail Banking AMP Bank implements new verification and valuation technologies to streamline lending News Team Thursday, June 16, 2022 1:00 am http://asia.managersofwealth.com/article/68605/amp-bank-implements-new-verification-and-valuation-technologies-to-streamline-lending Banking Retail Banking Commercial Bank closes $750m Asian syndicated term loan facility News Aggregation Team Wednesday, June 15, 2022 1:00 am http://asia.managersofwealth.com/article/68585/commercial-bank-closes-750m-asian-syndicated-term-loan-facility Commercial Bank is executing well on its strategic plan which is recognised by the market Retail Banking Citi Completes Sale Of Australian Consumer Business To National Australia Bank News Team Wednesday, June 08, 2022 1:00 am http://asia.managersofwealth.com/article/68533/citi-completes-sale-of-australian-consumer-business-to-national-australia-bank NAB was selected following an auction process to acquire Citi's Consumer Business, which includes credit cards, loans, retail banking, mortgages and wealth management solutions for high net worth individuals. Retail Banking CBA offers eligible home loan customers free internet for three years News Aggregation Team Monday, June 06, 2022 1:00 am http://asia.managersofwealth.com/article/68503/cba-offers-eligible-home-loan-customers-free-internet-for-three-years CBA and its partner More are offering conditionally pre-approved home loan customers access to a free nbn plan for three years, saving them over $2,700. Retail Banking Deutsche Bank to install cash machines at PT Toyota Astra Financial Services branches in Indonesia News Team Friday, June 03, 2022 1:00 am http://asia.managersofwealth.com/article/68495/deutsche-bank-to-install-cash-machines-at-pt-toyota-astra-financial-services-branches-in-indonesia Deutsche Bank will implement cash deposit machines at TAF branches in Indonesia, which transmit real-time payment data to TAF, streamlining the highly manual collection process and improving cash flow forecasting. Retail Banking China In-Focus: Beijing asks state-owned policy banks for $120bn for infrastructure projects News Aggregation Team Friday, June 03, 2022 1:00 am http://asia.managersofwealth.com/article/68497/china-in-focus-beijing-asks-state-owned-policy-banks-for-120bn-for-infrastructure-projects China will take the needed measures to prevent domestic firms from being blacklisted in the US. Retail Banking MUFG to open first Japanese bank branch in Indian fintech zone News Team Thursday, May 26, 2022 1:00 am http://asia.managersofwealth.com/article/68420/mufg-to-open-first-japanese-bank-branch-in-indian-fintech-zone Lender looks to provide low-cost dollar financing from Gujarat site Retail Banking Westpac to build new institutional banking platform News Team Tuesday, May 17, 2022 1:00 am http://asia.managersofwealth.com/article/68319/westpac-to-build-new-institutional-banking-platform Leveraging 10x Banking’s latest contemporary and cloud-native core technology, Westpac’s institutional clients will benefit from a new market-leading digital experience Retail Banking CBA’s Comyn seeks to fend off ‘attackers’ with digital loan push News Aggregation Team Tuesday, May 17, 2022 1:00 am http://asia.managersofwealth.com/article/68321/cbaamprsquos-comyn-seeks-to-fend-off-amplsquoattackersamprsquo-with-digital-loan-push CBA, seen as a technology leader in banking, on Tuesday laid out its strategy for maintaining its powerful position as the country’s biggest and most profitable financial institution in the face of growing competition from technology-based rivals. Retail Banking DBS: Go back to basics, invest in private equity ‘growth capital’ News Aggregation Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68657/dbs-go-back-to-basics-invest-in-private-equity-amplsquogrowth-capitalamprsquo Daryl Ho, DBS Bank’s senior investment strategy, has advised investors to look at private equity 'growth capital' to seek haven from the market volatility and pave the way for future growth. Investment Bank Nomura Announces Top Management Appointments News Team Wednesday, June 22, 2022 1:00 am http://asia.managersofwealth.com/article/68639/nomura-announces-top-management-appointments Nomura is a global financial services group with an integrated network spanning over 30 countries Investment Bank FIG Investment Banking Duo Departs HSBC News Aggregation Team Wednesday, June 22, 2022 1:00 am http://asia.managersofwealth.com/article/68643/fig-investment-banking-duo-departs-hsbc Asia’s investment banking industry has recently experienced a rise in turnover Investment Bank China Renaissance considers investments in high-growth Middle East companies News Aggregation Team Tuesday, June 21, 2022 1:00 am http://asia.managersofwealth.com/article/68626/china-renaissance-considers-investments-in-high-growth-middle-east-companies Chinese investment bank is also exploring options to expand in the region, chief executive Fan Bao says Investment Bank DBS Bank India acquires 9.9% stake in Svakarma Finance News Team Tuesday, June 21, 2022 1:00 am http://asia.managersofwealth.com/article/68627/dbs-bank-india-acquires-99-stake-in-svakarma-finance DBS will continue to identify opportunities to support lending to micro enterprises in a cost-efficient manner through its own expanded franchise as well as through partners. Investment Bank Deutsche Investment Bankers Join Exit Wave in Hong Kong News Aggregation Team Monday, June 20, 2022 1:00 am http://asia.managersofwealth.com/article/68618/deutsche-investment-bankers-join-exit-wave-in-hong-kong As of end-May, Hong Kong’s main board raised around HK$17 billion ($2.2 billion) from IPOs – down 91 percent year-on-year – according to data from the city’s exchange. Investment Bank SIX Swiss Exchange Gets First Chinese Member News Aggregation Team Tuesday, June 14, 2022 1:00 am http://asia.managersofwealth.com/article/68571/six-swiss-exchange-gets-first-chinese-member SIX Swiss Exchange is Switzerland’s main stock exchange, with services in other securities, such as bonds and derivatives. Investment Bank China Merchants Loses Investment Bankers News Aggregation Team Monday, June 13, 2022 1:00 am http://asia.managersofwealth.com/article/68560/china-merchants-loses-investment-bankers The departures include two vice presidents and some associates. Investment Bank Citigroup To Hire 3,000 In Asia Institutional Banking Business In Growth Push -Asia CEOS News Aggregation Team Wednesday, June 08, 2022 1:00 am http://asia.managersofwealth.com/article/68534/citigroup-to-hire-3000-in-asia-institutional-banking-business-in-growth-push-asia-ceos The bank’s main regional institutional business are in Hong Kong and Singapore, and Babej said that these two hubs would be a key focus of the 3,000 additional headcount for the unit. Investment Bank Two Chinese Investment Banks Plan Major Layoffs News Aggregation Team Monday, June 06, 2022 1:00 am http://asia.managersofwealth.com/article/68511/two-chinese-investment-banks-plan-major-layoffs The investment bank is believed to be cutting staff after having taken advantage of the booming IPO market last year to expand in Hong Kong Investment Bank Cross-Agency Steering Group announces launch of information and data repositories and other progress in advancing Hong Kong’s green and sustainable finance development News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68658/cross-agency-steering-group-announces-launch-of-information-and-data-repositories-and-other-progress-in-advancing-hong-kongamprsquos-green-and-sustainable-finance-development The GSF Centre has been working to build capacity and enhance talent and data resources for the financial industry. Planet SOS Monetary Authority of Singapore opens AI utility to combat greenwashing News Team Thursday, June 23, 2022 1:00 am http://asia.managersofwealth.com/article/68656/monetary-authority-of-singapore-opens-ai-utility-to-combat-greenwashing FIs would be able to tap on NovA! for their Environmental, Social, Governance (ESG) risk assessment for originating, underwriting and servicing of sustainability linked loans. Planet SOS USAID launches clean energy investment scheme in Vietnam News Team Wednesday, June 22, 2022 1:00 am http://asia.managersofwealth.com/article/68641/usaid-launches-clean-energy-investment-scheme-in-vietnam USAID will work with Vietnam’s ministry of industry Planet SOS Deutsche Bank helps Huaneng Leasing with sustainable trade finance aligned to China’s Common Ground Taxonomy News Team Thursday, June 16, 2022 1:00 am http://asia.managersofwealth.com/article/68600/deutsche-bank-helps-huaneng-leasing-with-sustainable-trade-finance-aligned-to-chinaamprsquos-common-ground-taxonomy The transaction also aligns to UN Sustainable Development Goals 7 and 9, related to Renewable Energy and Infrastructure development. Planet SOS Singapore’s Temasek sets up S$5 billion investment platform to speed up decarbonisation News Aggregation Team Friday, June 10, 2022 1:00 am http://asia.managersofwealth.com/article/68545/singaporeamprsquos-temasek-sets-up-s5-billion-investment-platform-to-speed-up-decarbonisation “GenZero will not only support Temasek’s efforts as we strive towards halving our portfolio’s net emissions by 2030 and working towards a net zero portfolio by 2050, but also those of the wider ecosystem,” Planet SOS Gearing Up For Climate Action - The Road Ahead For The NGFS News Team Wednesday, June 01, 2022 1:00 am http://asia.managersofwealth.com/article/68468/gearing-up-for-climate-action-the-road-ahead-for-the-ngfs Looking at where we are in our transition journey, the urgency to act is greater than it has ever been. Planet SOS Clifford Chance advises Bank of China (Hong Kong) and HSBC on world's largest retail green bond issuance News Team Tuesday, May 31, 2022 1:00 am http://asia.managersofwealth.com/article/68456/clifford-chance-advises-bank-of-china-hong-kong-and-hsbc-on-worldamp039s-largest-retail-green-bond-issuance The firm has a track record of advising on market-leading and innovative debt issuances Planet SOS Abrdn eyes Asian sustainability trends News Aggregation Team Monday, May 30, 2022 1:00 am http://asia.managersofwealth.com/article/68445/abrdn-eyes-asian-sustainability-trends Energy transition and economic equality are expected to provide investment opportunities for investors in the region. Planet SOS Scaling up your ESG strategy News Team Wednesday, May 25, 2022 1:00 am http://asia.managersofwealth.com/article/68401/scaling-up-your-esg-strategy At first glance, this seems odd, considering they are all at very different stages. Planet SOS Making ESG an integral part of the business News Team Wednesday, May 25, 2022 1:00 am http://asia.managersofwealth.com/article/68402/making-esg-an-integral-part-of-the-business Our research explores the challenges companies are facing globally Planet SOS HSBC, UBS order Hong Kong office changes as COVID cases rise News Aggregation Team Thursday, January 06, 2022 12:00 am http://asia.managersofwealth.com/article/66802/hsbc-ubs-order-hong-kong-office-changes-as-covid-cases-rise HSBC, UBS and Bank of America also said staff had to wear masks when not at their desks, according to their memos. Covid-19 Singapore Toughens COVID Rules for Expats News Aggregation Team Tuesday, December 28, 2021 12:00 am http://asia.managersofwealth.com/article/66662/singapore-toughens-covid-rules-for-expats The pandemic has slowed the frequent flight traffic to Singapore, with executives like UBS boss Ralph Hamers not able to visit Asia until last month – more than one year into his tenure running the Swiss wealth management giant. Covid-19 MoneySense Launches Campaign to Promote Financial Resilience Amid COVID-19 Challenges News Team Tuesday, October 05, 2021 1:00 am http://asia.managersofwealth.com/article/65436/moneysense-launches-campaign-to-promote-financial-resilience-amid-covid-19-challenges The theme of this year’s campaign is “#MoneySense101: Financial Planning is for Everyone” Covid-19 NAB backs the jab with new campaign News Team Friday, September 10, 2021 1:00 am http://asia.managersofwealth.com/article/65073/nab-backs-the-jab-with-new-campaign Current forecasts show 80 per cent of eligible Australians will have had their first jab within three weeks, and their second jab by mid-November. Covid-19 Covid-19: Labuan moving towards green zone, says health director News Aggregation Team Monday, March 01, 2021 12:00 am http://asia.managersofwealth.com/article/62010/covid-19-labuan-moving-towards-green-zone-says-health-director Labuan had recorded 27 cases as of March last year and since then the number had been rising until it peaked after the Sabah state election in September last year. Covid-19 Workplace Stress During COVID-19: 5 Ways to Support Your Employees’ Mental Well-being News Team Tuesday, January 26, 2021 12:00 am http://asia.managersofwealth.com/article/61350/workplace-stress-during-covid-19-5-ways-to-support-your-employeesamprsquo-mental-well-being Taking care of your mental well-being is essential to staying healthy, staying resilient and moving your business forward. Covid-19 Takaful Malaysia's Successful Response to the Pandemic News Aggregation Team Friday, January 15, 2021 12:00 am http://asia.managersofwealth.com/article/61146/takaful-malaysiaamp039s-successful-response-to-the-pandemic Wong stated that Takaful Malaysia had the capability to allow remote access with a caveat. Covid-19 Ten Ways Covid-19 Has Changed the World Economy Forever News Aggregation Team Thursday, December 31, 2020 12:00 am http://asia.managersofwealth.com/article/60836/ten-ways-covid-19-has-changed-the-world-economy-forever Big government staged a comeback as the social contract between society and the state got rewritten on the fly. Covid-19 Bosses in S'pore unlikely to mandate Covid-19 vaccination for staff: Experts News Aggregation Team Wednesday, December 30, 2020 12:00 am http://asia.managersofwealth.com/article/60812/bosses-in-samp039pore-unlikely-to-mandate-covid-19-vaccination-for-staff-experts Medical experts, human resource practitioners and business associations The Straits Times approached said employers in Singapore are unlikely to enforce the Covid-19 vaccine on their workforce. Covid-19 Islamic Finance After COVID-19 News Aggregation Team Wednesday, December 30, 2020 12:00 am http://asia.managersofwealth.com/article/60823/islamic-finance-after-covid-19 Islamic finance took a hit in 2020 but is preparing for the next surge of growth through innovation, standardization, and M&A activity. Covid-19