http://asia.managersofwealth.com/ Sat, 27 Jul 2024 04:31:07 BST part of MediaG8way Group http://asia.managersofwealth.com/ http://asia.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Friday, July 26, 2024 1:00 am http://asia.managersofwealth.com/article/74230/amundi-launches-two-multi-asset-funds-in-thailand Amundi and Kasikorn Asset Management have raised €153m following the launch of two multi-asset funds. Wealth and Asset Management News Aggregation Team Friday, July 26, 2024 1:00 am http://asia.managersofwealth.com/article/74231/ultra-wealthy-now-worth-75-trillion-thanks-to-rallying-equities A late-year rally in global equities increased the global ultra-high-net-worth population’s total net-worth by 7.6% to US$49.2 trillion, a new report has found. Wealth and Asset Management News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74209/bos-wealth-management-expands-market-reach-with-ocbc-malaysia The collaboration will see OCBC Bank distributing a range of fixed income funds starting this month. Wealth and Asset Management News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74212/why-private-equity-canamprsquot-get-enough-of-indiaamprsquos-private-banks In the eyes of wealth managers, few markets are as enticing and alluring as India’s. Wealth and Asset Management News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74224/asia-wealth-firms-target-doubling-of-assets-under-management-to-us260-trillion-by-2026 About 11 per cent of Asian high-net-worth clients’ assets are currently invested outside their home markets Wealth and Asset Management News Aggregation Team Wednesday, July 24, 2024 1:00 am http://asia.managersofwealth.com/article/74220/china-hong-kong-pools-of-ultra-rich-shrink-and-asiaamprsquos-wealth-engine-cools-altrata-says China now has 46,060 ultra wealthy individuals with a total wealth of US$5.20 trillion. It is down from 2022’s tally of 47,190 citizens with a wealth pile of US$5.3 trillion Wealth and Asset Management News Aggregation Team Wednesday, July 24, 2024 1:00 am http://asia.managersofwealth.com/article/74217/dbs-partners-blackrock-for-exclusive-bond-fund-launch The three-year bond fund, only open to DBS and POSB customers, will look to deliver a higher income than cash through holding a portfolio of short-dated investment grade bonds run by BlackRock. Wealth and Asset Management News Aggregation Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74192/from-finance-to-philanthropy-50-years-of-driving-impact-beyond-banking Mizuho Bank launches a philanthropic foundation, renewing its focus on community and talent development, while committing to $853 billion in sustainable financing Wealth and Asset Management News Aggregation Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74193/why-asia-is-the-new-prime-location-for-family-offices The region's population of millionaires continues to rise, driving the growth of family offices. Wealth and Asset Management News Aggregation Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74196/asiaamprsquos-best-bank-for-wealth-management-dbs Much of the growth was fuelled by Hong Kong and mainland Chinese clients putting more money to work in Singapore. Wealth and Asset Management News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74216/cbus-hires-from-vfmc-for-key-esg-role She has held leadership roles at the Australian Council of Superannuation Investors Executive Moves News Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74221/broadridge-appoints-david-runacres-as-president-of-apac He will also assume the role of Senior Country Officer, Japan, overseeing all activities in a market that is a key part of Broadridge investment and growth strategy. Executive Moves News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74222/daisy-tsang-appointed-as-chief-executive-officer-hsbc-life-hong-kong In her new role, she will drive the strategic growth priorities of HSBC Life in Hong Kong and Macau. Executive Moves News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74223/francis-tan-joins-indosuez-wealth-management-as-chief-strategist-for-asia Tan will remain based in Singapore. Executive Moves News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74227/swiss-re-corporate-solutions-names-australasia-head Based in Sydney, he succeeds Christine Bell, who has decided to retire. Executive Moves News Team Wednesday, July 24, 2024 1:00 am http://asia.managersofwealth.com/article/74210/withers-boosts-asia-real-estate-team-with-new-partner-chau-hwei-lee-promotes-akinari-nakano Chau Hwei joins the firm from Shook Lin & Bok, alongside associate Cheryl Lee. Executive Moves News Aggregation Team Wednesday, July 24, 2024 1:00 am http://asia.managersofwealth.com/article/74218/bnp-paribas-wm-team-head-tipped-to-join-dbs The banker was a managing director and team head for the French bank for over four years. Executive Moves News Team Wednesday, July 24, 2024 1:00 am http://asia.managersofwealth.com/article/74219/icapital-ampreg-adds-senior-leadership-in-apac-and-emea-to-further-accelerate-its-global-expansion Tuan Lam and Daniel Imhof bring deep industry experience and track records of global success to iCapital Executive Moves News Aggregation Team Tuesday, July 23, 2024 1:00 am http://asia.managersofwealth.com/article/74202/julius-baer-nets-ex-deutsche-banker-for-thailand-market Based in Singapore, he reports to Shui Wei Ho, market head for Thailand and Asia Switzerland. Executive Moves News Aggregation Team Tuesday, July 23, 2024 1:00 am http://asia.managersofwealth.com/article/74204/citi-appoints-new-head-of-financing-markets-for-japan-asia-north-ampamp-australia-and-asia-south He will move from London to Hong Kong to enhance the performance and strategy of Citi's fixed-income client financing solutions by bringing the full suite of its financing capabilities to Asia-based clients. Executive Moves News Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74215/australians-can-be-confident-in-the-integrity-of-our-equity-markets-asic-report Our regulatory interventions to address the deteriorations included targeting pump and dump activity Legal, Regulation & Compliance News Team Wednesday, July 24, 2024 1:00 am http://asia.managersofwealth.com/article/74214/apra-finalises-targeted-changes-to-strengthen-banksamprsquo-liquidity-and-capital-requirements APRA received 35 submissions from entities, individuals and industry bodies during the formal three-month consultation period. Legal, Regulation & Compliance News Team Tuesday, July 23, 2024 1:00 am http://asia.managersofwealth.com/article/74208/australia-q2-2024-regulatory-update Key superannuation rates and thresholds were also updated in the quarter and are to take effect from July 1, 2024. Legal, Regulation & Compliance News Aggregation Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74194/mufg-heads-to-take-pay-cut-after-information-firewall-breach The same salary punishment will also hit MUFG Bank Chairman Naoki Hori and Mitsubishi UFJ Morgan Stanley Securities Chairman Saburo Araki for two months. Legal, Regulation & Compliance News Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74198/mas-statement-on-global-outage-affecting-it-systems MAS asked major financial institutions to report the impact of the outage. Legal, Regulation & Compliance News Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74200/apra-issues-107-million-infringement-notices-and-accepts-court-enforceable-undertaking-from-opc APRA has been closely monitoring OPC which has continued to identify further members who may have been adversely impacted by failures to direct default member contributions to a MySuper product. Legal, Regulation & Compliance News Aggregation Team Friday, July 19, 2024 1:00 am http://asia.managersofwealth.com/article/74186/hong-kongamprsquos-za-bank-welcomes-planned-stablecoin-regulatory-regime The bank surpassed $1b in transfer turnover from Web3 clients in 2023. Legal, Regulation & Compliance News Team Friday, July 19, 2024 1:00 am http://asia.managersofwealth.com/article/74187/hkma-announces-stablecoin-issuer-sandbox-participants The sandbox, which was launched in March 2024, is part of the HKMA’s efforts in facilitating the sustainable and responsible development of stablecoin ecosystem in Hong Kong. Legal, Regulation & Compliance News Team Friday, July 12, 2024 1:00 am http://asia.managersofwealth.com/article/74137/ampquotgrowth-and-opportunities-in-the-ils-market-a-singapore-perspectiveampquot-speech-by-mr-lim-cheng-khai The global ILS market experienced strong growth in the number of issuances in 2023, which continued into 2024. Legal, Regulation & Compliance News Team Friday, July 12, 2024 1:00 am http://asia.managersofwealth.com/article/74138/sfc-and-hkma-welcome-pbocamprsquos-new-measure-on-northbound-swap-connect-margin-collateral-arrangement This measure will provide Northbound Swap Connect investors with the additional choice of non-cash collateral, reducing their liquidity cost and improving capital efficiency. Legal, Regulation & Compliance News Aggregation Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74197/hong-kong-digital-bank-za-bank-to-provide-reserve-banking-services-tailored-for-stablecoin-issuers This landmark development also places ZA Bank among the pioneering batch of banks in the city to offer such services. FinTech News Team Thursday, July 18, 2024 1:00 am http://asia.managersofwealth.com/article/74170/apex-group-appoints-novigi-as-data-and-technology-partner-to-strengthen-proposition-in-superannuation-administration-and-expand-market-reach It builds on prior collaboration between Apex Group and Novigi and combines expertise and resources to deliver a scaled platform for current and future clients. FinTech News Team Thursday, July 18, 2024 1:00 am http://asia.managersofwealth.com/article/74181/hkma-wins-broad-support-for-stablecoin-legislation The proposed regulatory requirements and implementation arrangements received general support from respondents, with some further enhancements suggested in the submissions. FinTech News Aggregation Team Tuesday, July 16, 2024 1:00 am http://asia.managersofwealth.com/article/74153/harnessing-the-power-of-ai-in-asset-management UOBAM has for some years shown a commitment to technology-driven customer services and business initiatives. FinTech News Aggregation Team Wednesday, July 10, 2024 1:00 am http://asia.managersofwealth.com/article/74111/aws-singapore-tech-head-joins-bank-spending-5bn-on-technology In Singapore, it's just hired a big tech and banking alum to be one of the tech team's key leaders. FinTech News Aggregation Team Tuesday, July 09, 2024 1:00 am http://asia.managersofwealth.com/article/74105/why-is-tokenisation-of-trade-finance-transformative-for-investors Standard Chartered and Synpulse paper explains why digital assets are critical to addressing financing requirements of companies FinTech News Aggregation Team Monday, July 08, 2024 1:00 am http://asia.managersofwealth.com/article/74097/investors-chase-wealthtech-startups-in-india-as-affluent-class-grows The current talks value Dezerv at about $170 million pre-money, more than doubling its valuation since its last funding round. FinTech News Aggregation Team Friday, July 05, 2024 1:00 am http://asia.managersofwealth.com/article/74090/central-bank-works-on-protecting-banking-service-users in online banking service provision to better protect customers, an SBV official said on July 4. FinTech News Aggregation Team Thursday, July 04, 2024 1:00 am http://asia.managersofwealth.com/article/74079/fintechs-accuse-banks-of-sabotage-on-amplsquoopen-bankingamprsquo After the Australian Banking Association released a report by Accenture showing only 0.3 per cent of customers are using open banking FinTech News Aggregation Team Tuesday, July 02, 2024 1:00 am http://asia.managersofwealth.com/article/74056/bravura-extends-cco-term-amid-transformation-project The role was initially expected to be on a fixed-term contract from 15 August 2023 to 30 June 2024 FinTech News Aggregation Team Friday, July 26, 2024 1:00 am http://asia.managersofwealth.com/article/74233/pwc-partner-management-must-have-appropriate-risk-management-policies-as-business-backbone There have been continued disruptions in several industries brought by technological advancements. Alternative Investments News Aggregation Team Friday, July 26, 2024 1:00 am http://asia.managersofwealth.com/article/74234/axa-philippines-expands-its-asset-master-fund-options-for-wealth-growth-and-legacy-protection Investors’ confidence lies on the performance of the market with each having a preferred investment vehicle to grow wealth and live comfortably even after retirement. Alternative Investments News Aggregation Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74228/manulife-hong-kong-partners-with-t-rowe-price-on-new-income-fund It aims to pay a monthly dividend with the latest annualised yield for Class Ax at 6.89%. Alternative Investments News Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74229/manulife-investment-management-sees-attractive-opportunities-outside-the-us-amid-anticipated-global-rate-cutting-cycle Inflation is expected to align with the Fed's targets, while employment is not anticipated to exert upward pressure on services inflation. Alternative Investments News Aggregation Team Wednesday, July 24, 2024 1:00 am http://asia.managersofwealth.com/article/74213/msci-launches-private-capital-indexes The 130 indexes are built from private capital funds with $11trn of assets. Alternative Investments News Aggregation Team Tuesday, July 23, 2024 1:00 am http://asia.managersofwealth.com/article/74203/prudential-singaporeamprsquos-adviser-headcount-amplsquoto-growamprsquo-from-800-to-1500-by-end-2025 Singapore had 333,204 millionaires in 2023, and this number is expected to increase by 13% to 375,725 in 2028 Alternative Investments News Aggregation Team Tuesday, July 23, 2024 1:00 am http://asia.managersofwealth.com/article/74206/noah-holdings-expands-in-asia-pacific-new-offices-in-hong-kong-and-japan-to-meet-growing-client-demand The firm is enhancing its Hong Kong office and plans to establish a new office in Japan Alternative Investments News Aggregation Team Tuesday, July 23, 2024 1:00 am http://asia.managersofwealth.com/article/74207/jia-asset-management-partners-vynn-capital-to-propel-southeast-asiaamp039s-startup-growth Will leverage Vynn Capital's network & insights to support promising startups Alternative Investments News Aggregation Team Friday, July 19, 2024 1:00 am http://asia.managersofwealth.com/article/74188/mercer-super-chalks-up-112-return There is also potential for interest rates to be lowered as inflation continues to moderate. Alternative Investments News Team Friday, July 19, 2024 1:00 am http://asia.managersofwealth.com/article/74190/allianz-to-become-a-leader-in-singapore-insurance-market-with-planned-acquisition-of-majority-stake-in-income-insurance Allianz to acquire at least 51 percent of the shares in leading insurer Income Insurance Alternative Investments News Aggregation Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74199/new-cfc-taxation-ruling-that-impacts-offshore-trustees-ampndash-a-backdoor-to-crs MOF indicates that this new ruling is to supplement the ruling dated 4 January 2024 that imposes Alternative Minimum Tax (AMT) on the settler/beneficiaries of offshore trusts when CFC is involved. Tax News Aggregation Team Thursday, July 04, 2024 1:00 am http://asia.managersofwealth.com/article/74076/6-family-office-funds-tied-to-singapore-launder-case-got-tax-breaks Benefits won't be clawed back Tax News Aggregation Team Monday, June 24, 2024 1:00 am http://asia.managersofwealth.com/article/74003/thailand-mulls-shorter-holding-period-for-tax-deductible-equity-mutual-funds-report-says Thailand has introduced various tax-deductible mutual fund schemes over the years to encourage retail investors to invest for the long term. Tax News Team Wednesday, May 01, 2024 1:00 am http://asia.managersofwealth.com/article/73692/foreign-investment-funds-tax-regime-creating-a-financial-barrier Unpacking the challenges and consequences of the FIF tax settings Tax News Team Wednesday, March 06, 2024 12:00 am http://asia.managersofwealth.com/article/73340/hk-budget-2024-25-a-closer-look-at-the-tax-reforms According to the government, this change will primarily affect some of the city's wealthiest individuals, impacting around 12,000 taxpayers Tax News Aggregation Team Thursday, February 29, 2024 12:00 am http://asia.managersofwealth.com/article/73297/hong-kong-to-enhance-family-office-tax-breaks Budget 2024 revealed further enhancements to preferential tax regimes for family offices, which includes increasing more types of qualifying transactions. Tax News Team Tuesday, February 20, 2024 12:00 am http://asia.managersofwealth.com/article/73231/singapore-budget-2024-extension-and-refinement-of-singapore-fund-tax-incentive-schemes One key enhancement to the Resident Fund Tax Incentive Scheme with effect from 1 January 2025 Tax News Aggregation Team Monday, February 05, 2024 12:00 am http://asia.managersofwealth.com/article/73139/smsfa-prepares-delegates-for-major-super-tax-reform This topic is an underlying theme throughout the conference. Tax News Aggregation Team Wednesday, December 27, 2023 12:00 am http://asia.managersofwealth.com/article/72890/fidinam-moves-office-in-shanghai-and-expands-team Alongside the move, the firm has also expanded its workforce, reinforcing its commitment to serving its growing client portfolio in mainland China. Tax News Team Monday, December 04, 2023 12:00 am http://asia.managersofwealth.com/article/72761/house-taxwriters-approve-us-taiwan-tax-pact The breakthrough on the tax agreement, which is of particular importance to the semiconductor industry the US is looking to strengthen, could mean that a bill makes its way to the president before year-end. Tax News Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74211/the-henley-passport-index 2024 Global Ranking Comment, Analysis & Research News Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74232/china-business-law-journal-recognizes-morgan-lewis-with-2024-awards Law firms are selected following several months of extensive research Comment, Analysis & Research News Team Tuesday, July 23, 2024 1:00 am http://asia.managersofwealth.com/article/74205/japanamp039s-cash-rich-companies-harnessing-corporate-reforms Exploring hidden opportunities amid a push for more active cash use Comment, Analysis & Research News Team Friday, July 19, 2024 1:00 am http://asia.managersofwealth.com/article/74184/suncar-technology-announces-two-year-service-agreement-with-china-merchants-bank The collaboration is designed to enhance the CMB customer experience through a sophisticated, technology-driven integration model. Comment, Analysis & Research News Aggregation Team Monday, July 15, 2024 1:00 am http://asia.managersofwealth.com/article/74148/indian-city-named-among-amp039fastest-growing-cities-in-the-world-for-millionairesamp039 The ranking is based on "high-net-worth individuals (HNWIs) with liquid investable wealth of USD 1 million or more." Comment, Analysis & Research News Team Monday, July 15, 2024 1:00 am http://asia.managersofwealth.com/article/74149/big-banks-to-refund-millions-in-fees-to-low-income-customers-following-asic-report ASIC Commissioner Alan Kirkland said the banks had caused financial distress through avoidable fees and complicated bank processes, often creating barriers for regional and remote consumers. Comment, Analysis & Research News Aggregation Team Thursday, July 11, 2024 1:00 am http://asia.managersofwealth.com/article/74128/bea-festival-2024-draws-to-a-successful-close Senior management of The Bank of East Asia, Limited (“BEA”) attended the first day of the public sessions on 6 July. Comment, Analysis & Research News Aggregation Team Wednesday, July 10, 2024 1:00 am http://asia.managersofwealth.com/article/74110/bank-of-singaporeamp039s-jason-moo-amp039weamprsquore-going-counter-cyclicalamp039 In the latest CEO Captain series, Citywire Asia sits down with private banking veteran and CEO of Bank of Singapore to understand the changes he made to get the bank to where it is now and his next steps. Comment, Analysis & Research News Aggregation Team Wednesday, July 10, 2024 1:00 am http://asia.managersofwealth.com/article/74118/while-singapore-scrutinises-hong-kong-wins-back-wealthy-chinese It’s a shift from the pandemic years when Hong Kong’s strict quarantine and political upheaval led many to flock to Singapore Comment, Analysis & Research News Aggregation Team Wednesday, July 10, 2024 1:00 am http://asia.managersofwealth.com/article/74120/how-can-single-family-offices-retain-talent In an already stretched talent pool, Singapore's single-family offices are having to grapple with their early recruits now looking to move on after building their track records in the market. Comment, Analysis & Research News Team Friday, July 26, 2024 1:00 am http://asia.managersofwealth.com/article/74226/uob-refreshes-its-management-team-charting-its-next-stage-of-growth-enabled-by-technology-and-innovation Ms Susan Hwee is a banking industry veteran with an extensive track record and more than 35 years of experience in technology and banking. Retail Banking News Team Thursday, July 25, 2024 1:00 am http://asia.managersofwealth.com/article/74225/dbs-and-deloitte-launch-sustainability-accelerator-tool-to-help-singapore-smes-identify-and-address-sector-specific-decarbonisation-gaps Tool provides industry-specific recommendations to help companies better understand their sustainability readiness, with actionable insights to green operations Retail Banking News Team Monday, July 22, 2024 1:00 am http://asia.managersofwealth.com/article/74201/westpac-makes-mobile-credit-cards-dynamic-for-corporate-customers Westpac’s Dynamic Virtual Card can be used online as well as in-store via digital wallet tap and go transactions. Retail Banking News Aggregation Team Thursday, July 18, 2024 1:00 am http://asia.managersofwealth.com/article/74178/growing-fees-higher-rates-lift-sumitomo-mitsui-trust-bankamprsquos-profits SMTH’s low-risk asset portfolio meant that profitability is weak. Retail Banking News Team Thursday, July 18, 2024 1:00 am http://asia.managersofwealth.com/article/74180/singapore-bank-uob-and-south-koreaamp039s-woori-card-announce-pioneering-reciprocal-card-partnership UOB reinforces leadership position in travel and entertainment through strengthening its partnership ecosystem to offer exclusive privileges to its ASEAN customers Retail Banking News Team Tuesday, July 09, 2024 1:00 am http://asia.managersofwealth.com/article/74113/commencement-of-operation-of-gift-city-branch-in-india The new GIFT City Branch will focus on the foreign currency-denominated lending business enabling SMBC to further strengthen its capabilities and capacity to support its clients in India. Retail Banking News Aggregation Team Tuesday, July 02, 2024 1:00 am http://asia.managersofwealth.com/article/74060/nab-suffers-internet-banking-outage NAB said at 10pm on Monday that the issues had been resolved. Retail Banking News Aggregation Team Tuesday, June 25, 2024 1:00 am http://asia.managersofwealth.com/article/74005/china-development-bank-extends-us-28-billion-in-support-of-green-projects It said the bank's cumulative issuance of carbon-reduction loans through a carbon-reduction credit facility has exceeded 110 billion yuan. Retail Banking News Aggregation Team Thursday, June 20, 2024 1:00 am http://asia.managersofwealth.com/article/73985/nab-invests-in-zodia-custody Last year Zodia Custody announced it had set up shop in Australia, planning to serve local institutional clients. Retail Banking News Aggregation Team Wednesday, June 19, 2024 1:00 am http://asia.managersofwealth.com/article/73978/korea-post-hires-hana-bank-as-trustee-and-investment-service-provider The appointment is effective July 1. Retail Banking News Aggregation Team Friday, July 19, 2024 1:00 am http://asia.managersofwealth.com/article/74191/citi-to-boost-investment-banking-headcount-in-india-betting-on-deals-surge A sharp surge in equity deals in India has made it a bright spot in an otherwise dull Asia. Investment Bank News Aggregation Team Monday, July 08, 2024 1:00 am http://asia.managersofwealth.com/article/74098/hong-kong-banks-ramped-up-hiring-but-investment-bankers-laid-off Trade and private bankers are most in demand, although banks are cautious. Investment Bank News Aggregation Team Thursday, June 27, 2024 1:00 am http://asia.managersofwealth.com/article/74033/natixis-cib-forms-alliance-with-korean-bank The alliance will involve cooperation on global private debt funds and direct lending activities with the potential to develop the scope across other key areas of synergy. Investment Bank News Aggregation Team Tuesday, June 25, 2024 1:00 am http://asia.managersofwealth.com/article/74009/ubs-offloads-partial-stake-in-china-securities-unit In addition, Founder Securities will also sell its entire 49 percent holding to BSAM for 885 million yuan. Investment Bank News Aggregation Team Thursday, June 13, 2024 1:00 am http://asia.managersofwealth.com/article/73941/kb-securities-sees-wealth-management-assets-surpass-436-bn It increased fivefold since the integrated corporation's launch in January 2017, growing by 20% in just over 10 months Investment Bank News Aggregation Team Thursday, May 16, 2024 1:00 am http://asia.managersofwealth.com/article/73786/bank-of-singapore-amplsquobullish-on-hong-kongamprsquo-as-it-hires-bankers-to-tap-growth-opportunities-in-china-ceo-says The private bank sees Hong Kong, Singapore and Dubai as stepping stones to expand its family office and other businesses to sign up wealthy clients Investment Bank News Aggregation Team Thursday, April 25, 2024 1:00 am http://asia.managersofwealth.com/article/73656/indonesia-as-a-rising-economic-powerhouse Indonesia's large population and rising wages have fuelled growing purchasing power and a buoyant consumer market too. Investment Bank News Aggregation Team Thursday, April 11, 2024 1:00 am http://asia.managersofwealth.com/article/73565/julius-baer-relocates-singapore-office This is the Swiss bank’s second office in the city-state, alongside its first office for frontline colleagues at Marina One. Investment Bank News Team Monday, April 01, 2024 1:00 am http://asia.managersofwealth.com/article/73496/nomura-announces-group-purpose Nomura is dedicated to the tenets embodied in its Founder's Principles and the unwavering values ingrained in its Corporate Philosophy. Investment Bank News Aggregation Team Monday, March 25, 2024 12:00 am http://asia.managersofwealth.com/article/73460/more-india-banking-expansion-expected-in-2024 As China’s economy shows slow signs of recovery, global banks are putting their bet on India as an alternative source of growth in Asia. Investment Bank News Team Wednesday, June 05, 2024 1:00 am http://asia.managersofwealth.com/article/73894/court-finds-active-super-made-misleading-esg-claims-in-a-greenwashing-action-brought-by-asic Active Super claimed in its marketing that it eliminated investments that posed too great a risk to the environment and the community, including gambling, coal mining and oil tar sands. Planet SOS News Team Wednesday, June 05, 2024 1:00 am http://asia.managersofwealth.com/article/73897/what-could-indiaamprsquos-election-result-mean-for-renewable-energy India has also set up a National Green Hydrogen Mission as part of a plan to become a leading producer, user and exporter of the clean fuel Planet SOS News Aggregation Team Thursday, May 23, 2024 1:00 am http://asia.managersofwealth.com/article/73835/survey-shows-waning-interest-in-esg-funds Similarly, the number of investors who expected ESG funds to outperform funds with the same level of risk fell by 10 percentage points to 41% in 2023. Planet SOS News Aggregation Team Tuesday, May 21, 2024 1:00 am http://asia.managersofwealth.com/article/73812/hong-kong-group-launches-consultations-on-esg-code-of-conduct The code, together with the self-attestation document, will be vital in fostering greater transparency, quality and reliability of ESG information, as well as comparability of products Planet SOS News Team Friday, April 26, 2024 1:00 am http://asia.managersofwealth.com/article/73665/record-cocoa-prices-and-the-unfair-chocolate-value-chain-ampndash-meet-the-entrepreneurs-working-to-change-things The cocoa industry in some ways has itself to blame. Planet SOS News Aggregation Team Monday, April 15, 2024 1:00 am http://asia.managersofwealth.com/article/73578/esg-comes-to-the-fore-for-asset-managersamprsquo-voting In light of this, asset managers have taken steps to increase their verification of these areas when it comes to their voting records. Planet SOS News Team Tuesday, March 19, 2024 12:00 am http://asia.managersofwealth.com/article/73422/climate-reporting-and-greenwashing-what-small-businesses-need-to-know The majority of Australian small and medium businesses will not fall within this category. Planet SOS News Aggregation Team Wednesday, February 28, 2024 12:00 am http://asia.managersofwealth.com/article/73289/lombard-odier-kaskikornbank-cooperate-on-sustainability With sustainability being a major driver of investment returns, we are adapting client portfolios to the environmental transition. Planet SOS News Aggregation Team Monday, February 12, 2024 12:00 am http://asia.managersofwealth.com/article/73186/japan-stakes-its-future-on-climate-innovation-to-help-asia-become-greener Japan was decades ahead of its time on hydrogen, having begun exploring the possible energy source 50 years ago Planet SOS News Aggregation Team Friday, January 26, 2024 12:00 am http://asia.managersofwealth.com/article/73085/singapore-launches-sustainable-finance-association The association will also be supported by a dedicated secretariat team led by SSFA director Kavitha Menon. Planet SOS