Managers of Wealth - Asia http://asia.managersofwealth.com/ Thu, 01 Jan 2026 20:17:10 GMT part of MediaG8way Group http://asia.managersofwealth.com/ http://asia.managersofwealth.com/assets/images/logo.png Managers of Wealth - Asia KohanaPHP Instos usurped by family offices in private market usage News Aggregation Team Tuesday, December 09, 2025 12:00 am http://asia.managersofwealth.com/article/77243/instos-usurped-by-family-offices-in-private-market-usage Family offices are outpacing institutional investors when it comes to use of private market assets in portfolios, according to Schroders. Wealth and Asset Management Labuan IBFC: Asia’s Gateway for International Business and Financial Solutions News Aggregation Team Tuesday, December 09, 2025 12:00 am http://asia.managersofwealth.com/article/77244/labuan-ibfc-asiaamprsquos-gateway-for-international-business-and-financial-solutions Now in its thirty-fifth year, Labuan IBFC has developed into one of Asia’s most established financial jurisdictions, offering a full suite of conventional, digital, and Shariah-compliant solutions. Wealth and Asset Management World’s Best Private Banks 2026 News Team Tuesday, December 09, 2025 12:00 am http://asia.managersofwealth.com/article/77247/worldamprsquos-best-private-banks-2026 Instead, across all tiers of the business, demand for increasingly complex personalized services, asset protection planning, and access to new markets presented both an opportunity and a challenge for the industry. Wealth and Asset Management Knight Frank Establishes New Private Office in Australia to Serve Expanding HNW Segment News Aggregation Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77236/knight-frank-establishes-new-private-office-in-australia-to-serve-expanding-hnw-segment The office will be led by partner Ari Petrovs and supported through Knight Frank’s partnerships with McGrath Estate Agents in Australia and Bayleys in New Zealand. Wealth and Asset Management JBWere clients to benefit from new BlackRock risk and analytics offering News Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77237/jbwere-clients-to-benefit-from-new-blackrock-risk-and-analytics-offering The advanced risk management and portfolio construction capabilities are set to complement the tailored advice that has been JBWere’s signature strength for 185 years. Wealth and Asset Management Cervin Family Office’s Pure Advisory Play: Serving India’s Family Business Dynasties with Alignment and Accountability News Aggregation Team Friday, December 05, 2025 12:00 am http://asia.managersofwealth.com/article/77234/cervin-family-officeamprsquos-pure-advisory-play-serving-indiaamprsquos-family-business-dynasties-with-alignment-and-accountability Yet, as wealth creation among entrepreneurial families accelerates, many clients are seeking more than just access to products. Wealth and Asset Management AI euphoria unnerves LGT Wealth News Aggregation Team Thursday, December 04, 2025 12:00 am http://asia.managersofwealth.com/article/77219/ai-euphoria-unnerves-lgt-wealth Commenting on its portfolio positioning, the wealth manager expressed concern about the dominance of AI companies in the US indices. Wealth and Asset Management Private bank UBP rolls out VCC fund with S$200 million in commitments News Aggregation Team Wednesday, December 03, 2025 12:00 am http://asia.managersofwealth.com/article/77212/private-bank-ubp-rolls-out-vcc-fund-with-s200-million-in-commitments The fund will invest in fixed-income strategies; a second fund to be launched next year will invest in a hedge fund of funds Wealth and Asset Management Maybank expands Schroders partnership in Singapore News Aggregation Team Wednesday, December 03, 2025 12:00 am http://asia.managersofwealth.com/article/77217/maybank-expands-schroders-partnership-in-singapore Schroders and Maybank Asset Management to launch multi-asset fund into Singapore, expanding the two companies' long-standing partnership. Wealth and Asset Management Traditional asset managers buying PE firms warned of failure risk News Aggregation Team Tuesday, December 02, 2025 12:00 am http://asia.managersofwealth.com/article/77204/traditional-asset-managers-buying-pe-firms-warned-of-failure-risk There's been a a wave of consolidation in recent years, but buying an alternatives firm can cause a headache for traditional asset managers. Wealth and Asset Management Bell Potter appoints two new state managers News Aggregation Team Friday, December 12, 2025 12:00 am http://asia.managersofwealth.com/article/77266/bell-potter-appoints-two-new-state-managers The pair will be responsible for strengthening client relationships and overseeing growth in their respective markets. Executive Moves FWD Singapore Overhauls Leadership News Aggregation Team Friday, December 12, 2025 12:00 am http://asia.managersofwealth.com/article/77267/fwd-singapore-overhauls-leadership This enhanced remit, which builds on her existing responsibilities in finance, actuarial, and data analytics, aims to improve cross–functional alignment and strengthen enterprise governance to support the company’s next phase of expansion. Executive Moves Australian Ethical adds trader and BDM News Aggregation Team Friday, December 12, 2025 12:00 am http://asia.managersofwealth.com/article/77269/australian-ethical-adds-trader-and-bdm The recruit brings significant experience and strong adviser relationships from his previous roles at Macquarie Group and, more recently, Ophir Asset Management. Executive Moves Citi PB promotes four new MDs News Aggregation Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77257/citi-pb-promotes-four-new-mds They are Benjamin Choo, Richard Jiang, Andrew Li, and Sherlock Lou. Executive Moves Citi Strengthens Korea Markets Team With Senior Appointment News Aggregation Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77258/citi-strengthens-korea-markets-team-with-senior-appointment Kwon brings more than 20 years of experience in structured products, interest rate and FX derivatives, and balance sheet optimisation, along with a strong track record in supporting institutional clients on complex transactions and risk-management needs. Executive Moves Cbus appoints chief financial officer News Aggregation Team Wednesday, December 10, 2025 12:00 am http://asia.managersofwealth.com/article/77253/cbus-appoints-chief-financial-officer He brings more than 30 years' experience in financial services, including close to a decade in executive leadership roles across the super industry. Executive Moves Former Morgan Stanley wealth veteran Lim retires News Aggregation Team Wednesday, December 10, 2025 12:00 am http://asia.managersofwealth.com/article/77256/former-morgan-stanley-wealth-veteran-lim-retires The ex-Morgan Stanley co-head of investment management services, who worked for the bank in Hong Kong and Australia, is set to exit the industry. Executive Moves Pallas Capital plots WA expansion with two executive appointments News Aggregation Team Tuesday, December 09, 2025 12:00 am http://asia.managersofwealth.com/article/77246/pallas-capital-plots-wa-expansion-with-two-executive-appointments In their new roles, Anderton and Glen will lead loan origination in Perth, partnering with brokers, investors, and developers to deliver Pallas Capital's solutions. Executive Moves Indosuez Wealth Management Accelerates Growth in Asia With Key Hires to Deepen Client Relationships News Aggregation Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77235/indosuez-wealth-management-accelerates-growth-in-asia-with-key-hires-to-deepen-client-relationships These appointments reflect the bank’s commitment to deepening relationships with its clients and enhancing its suite of bespoke wealth solutions in this dynamic region. Executive Moves Allianz Retire+ expands distribution team with adviser-focused hires News Aggregation Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77239/allianz-retire-expands-distribution-team-with-adviser-focused-hires She joins from Challenger where she worked as a business development manager for three years and previously worked at super fund Australian Retirement Trust for four years as well as ING Direct. Executive Moves Enforcement collaboration between HKMA and SFC - SFC reprimands and fines EFG Bank AG HK$10.85 million for regulatory breaches and internal control failures News Team Friday, December 12, 2025 12:00 am http://asia.managersofwealth.com/article/77270/enforcement-collaboration-between-hkma-and-sfc-sfc-reprimands-and-fines-efg-bank-ag-hk1085-million-for-regulatory-breaches-and-internal-control-failures It also failed to ensure that sufficient information and warning statements relating to the distribution of certain complex products were provided to customers before or at the point of each transaction. Legal, Regulation & Compliance Overseas remittance rule overhaul intensifies competition among banks News Aggregation Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77259/overseas-remittance-rule-overhaul-intensifies-competition-among-banks In particular, internet-only banks, known for their streamlined processes, are poised to take on a more prominent role. Legal, Regulation & Compliance Hong Kong central bank cuts interest rate, tracking Fed move News Aggregation Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77260/hong-kong-central-bank-cuts-interest-rate-tracking-fed-move It was the third easing by the HKMA this year and follows a similar cut late in October. Legal, Regulation & Compliance ASIC issues over $2.2 million in infringement notices to 12 large proprietary companies for alleged failure to lodge financial reports News Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77261/asic-issues-over-22-million-in-infringement-notices-to-12-large-proprietary-companies-for-alleged-failure-to-lodge-financial-reports The notices were issued as the result of a three-month surveillance following ASIC’s increased focus on non-lodgement of financial reports by large proprietary companies. Legal, Regulation & Compliance Scam alert related to banks News Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77262/scam-alert-related-to-banks The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. Legal, Regulation & Compliance APRA imposes additional licence conditions on HESTA News Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77263/apra-imposes-additional-licence-conditions-on-hesta APRA has identified deficiencies in HESTA’s board governance and management of risks which rendered HESTA inadequately prepared to effectively oversee and manage the transition. Legal, Regulation & Compliance ASIC issues catalogue of key legal obligations for private credit funds News Team Wednesday, December 10, 2025 12:00 am http://asia.managersofwealth.com/article/77251/asic-issues-catalogue-of-key-legal-obligations-for-private-credit-funds The catalogue provides a practical reference point and applies to operators of retail and wholesale private credit funds in Australia. It is also relevant to the broader funds management sector. Legal, Regulation & Compliance ASIC proposes to remake relief instruments for AFS licensees and overseas banks News Team Thursday, December 04, 2025 12:00 am http://asia.managersofwealth.com/article/77223/asic-proposes-to-remake-relief-instruments-for-afs-licensees-and-overseas-banks We have assessed that the instruments are operating effectively and continue to form a necessary part of the legislative framework. Legal, Regulation & Compliance Interest rate of second interest payment for series of retail infrastructure bonds due 2027 News Team Thursday, December 04, 2025 12:00 am http://asia.managersofwealth.com/article/77224/interest-rate-of-second-interest-payment-for-series-of-retail-infrastructure-bonds-due-2027 According to the Issue Circular dated 26 November 2024 for the Retail Infrastructure Bonds Legal, Regulation & Compliance ASIC issues final warning for urgent action from financial advice industry News Team Tuesday, December 02, 2025 12:00 am http://asia.managersofwealth.com/article/77207/asic-issues-final-warning-for-urgent-action-from-financial-advice-industry ASIC encourages AFS licensees and relevant providers to double check the data using these new instructions. Legal, Regulation & Compliance Manulife Establishes Singapore Hub to Advance Responsible AI Adoption News Aggregation Team Tuesday, December 09, 2025 12:00 am http://asia.managersofwealth.com/article/77248/manulife-establishes-singapore-hub-to-advance-responsible-ai-adoption The initiative also reflects the company’s regional strategy to extend best practices across Asia’s insurance markets. FinTech Xceedance expands Asian footprint with Manila talent hub News Aggregation Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77238/xceedance-expands-asian-footprint-with-manila-talent-hub Xceedance has expanded its presence in Asia with the launch of a new strategic talent hub in Manila. FinTech GoTyme and Alpaca launches crypto trading in the Philippines News Aggregation Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77241/gotyme-and-alpaca-launches-crypto-trading-in-the-philippines This growth is driven by the demand for digital-first financial solutions among the country’s roughly 76% unbanked and underbanked population. FinTech HSBC Bets Big on Singapore’s High-Growth Startups News Aggregation Team Monday, December 01, 2025 12:00 am http://asia.managersofwealth.com/article/77197/hsbc-bets-big-on-singaporeamprsquos-high-growth-startups Singapore plays a prominent role in HSBC’s Asia–Pacific ambitions. FinTech Japan's major asset managers mull crypto investment offerings ahead of major rule changes: report News Aggregation Team Tuesday, November 25, 2025 12:00 am http://asia.managersofwealth.com/article/77167/japanamp039s-major-asset-managers-mull-crypto-investment-offerings-ahead-of-major-rule-changes-report The discussions follow Japan’s recent regulatory momentum, including stablecoin initiatives, custody reforms, and broad tax relief proposals. FinTech Bain & Company Launches AI Hub in Singapore News Aggregation Team Tuesday, November 18, 2025 12:00 am http://asia.managersofwealth.com/article/77130/bain-ampamp-company-launches-ai-hub-in-singapore The hub will serve as the firm’s regional center for developing and scaling AI solutions FinTech How Banks can rewrite the rules of scale with Cloud Technology? News Aggregation Team Monday, November 17, 2025 12:00 am http://asia.managersofwealth.com/article/77124/how-banks-can-rewrite-the-rules-of-scale-with-cloud-technology Regulators worldwide are raising the bar on operational resilience and cyber readiness. FinTech UBS’ Blockchain Deal Signals Shift in Global Payments News Aggregation Team Monday, November 17, 2025 12:00 am http://asia.managersofwealth.com/article/77125/ubsamprsquo-blockchain-deal-signals-shift-in-global-payments The collaboration highlights a broader shift toward programmable money FinTech TransBnk and DigiAlly partner to revolutionise transaction banking in ASEAN News Aggregation Team Friday, November 14, 2025 12:00 am http://asia.managersofwealth.com/article/77118/transbnk-and-digially-partner-to-revolutionise-transaction-banking-in-asean These include Fully Digital Onboarding, enabling a completely digital and paperless onboarding process for both corporates and Small and Medium-sized Enterprises (SMEs). FinTech GFTN Expands Digital Finance Ecosystem with Five New Global Partners News Aggregation Team Wednesday, November 12, 2025 12:00 am http://asia.managersofwealth.com/article/77099/gftn-expands-digital-finance-ecosystem-with-five-new-global-partners Five global platforms join GFTN to advance open-source, payments, and policy solutions for inclusive digital finance. FinTech Hongkong Land launches inaugural private real estate fund in Singapore News Aggregation Team Friday, December 12, 2025 12:00 am http://asia.managersofwealth.com/article/77268/hongkong-land-launches-inaugural-private-real-estate-fund-in-singapore SCPREF is expected to be seeded by Hongkong Land’s Singapore commercial portfolio. Alternative Investments Ascentium and Standard Chartered Announce Strategic Partnership to Simplify Cross-Border Growth News Team Wednesday, December 10, 2025 12:00 am http://asia.managersofwealth.com/article/77250/ascentium-and-standard-chartered-announce-strategic-partnership-to-simplify-cross-border-growth The partnership also creates a connected network across APAC, giving clients direct access to Standard Chartered's referral network in Singapore, Mainland China, Hong Kong, Malaysia, Vietnam, and India. Alternative Investments GFG Alliance SFO CEO: 'Private markets the dominant playground for SFOs' News Aggregation Team Wednesday, December 10, 2025 12:00 am http://asia.managersofwealth.com/article/77252/gfg-alliance-sfo-ceo-amp039private-markets-the-dominant-playground-for-sfosamp039 The Middle East-based single-family office is eying the private equity space, seeing appeal in secondaries and semi-liquid investments. Alternative Investments HKEX launches new tech index tracking largest HK-listed tech firms News Aggregation Team Wednesday, December 10, 2025 12:00 am http://asia.managersofwealth.com/article/77254/hkex-launches-new-tech-index-tracking-largest-hk-listed-tech-firms HKEX also entered a licensing agreement with E Fund Management to launch an ETF tracking the new index in China. Alternative Investments Why J.P. Morgan Chase Is Betting Big on Singapore News Aggregation Team Wednesday, December 10, 2025 12:00 am http://asia.managersofwealth.com/article/77255/why-jp-morgan-chase-is-betting-big-on-singapore During his first visit to Singapore since mid-2022, Dimon met senior figures from the Monetary Authority of Singapore (MAS), the sovereign wealth manager GIC, political leaders, and clients. Alternative Investments SIM Academy Accelerates Applied Skills Development News Aggregation Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77242/sim-academy-accelerates-applied-skills-development The World Economic Forum forecasts that about 39 percent of today’s skills will be obsolete by 2030, highlighting the urgency for continuous upskilling. Alternative Investments Scottish–Indian spirits brand bolsters ranks to fuel global expansion News Aggregation Team Friday, December 05, 2025 12:00 am http://asia.managersofwealth.com/article/77229/scottishampndashindian-spirits-brand-bolsters-ranks-to-fuel-global-expansion Rutland Square Spirits now employs more than 20 people globally, up from just two last year – a reflection of its steep upward trajectory. Alternative Investments Rothschild & Co receives two major awards from The Banker News Team Friday, December 05, 2025 12:00 am http://asia.managersofwealth.com/article/77231/rothschild-ampamp-co-receives-two-major-awards-from-the-banker The judges highlighted our impressive reach across emerging markets, advising on a significant number of transactions and delivering transformative deals, including sovereign restructurings from Sri Lanka to the Bahamas. Alternative Investments Ardian to raise over $20bn from US, Asia and ME News Aggregation Team Friday, December 05, 2025 12:00 am http://asia.managersofwealth.com/article/77233/ardian-to-raise-over-20bn-from-us-asia-and-me The French firm is looking to close the year strongly, having seen success in its three flagship funds. Alternative Investments Schroder Investment Solutions enhances Active Model Portfolios and unveils Blended Model Portfolio Service News Team Thursday, December 04, 2025 12:00 am http://asia.managersofwealth.com/article/77226/schroder-investment-solutions-enhances-active-model-portfolios-and-unveils-blended-model-portfolio-service The introduction of seven new component funds within the Active Model Portfolios marks an important evolution from the previous strategy of direct investment in selected third-party funds. Alternative Investments Super trustees push for taxpayer bailout after First Guardian failure News Aggregation Team Monday, October 27, 2025 12:00 am http://asia.managersofwealth.com/article/77003/super-trustees-push-for-taxpayer-bailout-after-first-guardian-failure The company told shareholders on Monday it had written to Financial Services Minister Daniel Mulino for assistance for the almost 1100 Netwealth customers who invested $101 million into the defective scheme via its platform. Tax As wealthy Koreans flock overseas in search of greener pastures, experts blame inheritence tax News Aggregation Team Tuesday, October 07, 2025 1:00 am http://asia.managersofwealth.com/article/76902/as-wealthy-koreans-flock-overseas-in-search-of-greener-pastures-experts-blame-inheritence-tax The exodus of affluent Koreans is expected to result in an outflow of approximately $15.2 billion in assets. Tax James Russell discusses how recent tax legislation changes firmly establish Hong Kong as a global leader for family offices. News Team Wednesday, June 04, 2025 1:00 am http://asia.managersofwealth.com/article/76147/james-russell-discusses-how-recent-tax-legislation-changes-firmly-establish-hong-kong-as-a-global-leader-for-family-offices After seeing the success of family office incentivisation in Singapore, Hong Kong launched its own tax concessions in 2023 to simplify the process for application Tax Michael Velten Launches Velten Advisors News Aggregation Team Monday, April 28, 2025 1:00 am http://asia.managersofwealth.com/article/75913/michael-velten-launches-velten-advisors Velten Advisors offers bespoke, commercially grounded advice, combining technical insight with digital tools to help clients navigate complex tax and governance challenges with greater clarity and confidence. Tax Seizing the reinvention potential: PwC launches new immersive business technology experience News Team Thursday, December 12, 2024 12:00 am http://asia.managersofwealth.com/article/75134/seizing-the-reinvention-potential-pwc-launches-new-immersive-business-technology-experience The first iteration of this space has been designed in collaboration with PwC alliance partner Microsoft. Tax New global minimum tax rules set to start in Hong Kong in 2025 News Team Wednesday, November 20, 2024 12:00 am http://asia.managersofwealth.com/article/74994/new-global-minimum-tax-rules-set-to-start-in-hong-kong-in-2025 In response to stakeholders’ feedback, the Government is following up with some changes to its tax administration regime. Tax Tax and business insights from Hong Kong’s latest Policy Address News Team Tuesday, November 19, 2024 12:00 am http://asia.managersofwealth.com/article/74985/tax-and-business-insights-from-hong-kongamprsquos-latest-policy-address By capitalising on the advantages of “One Country, Two Systems,” Hong Kong aims to strengthen its financial, shipping and trade sectors while fostering innovation and collaboration within the Greater Bay Area. Tax A review of the tax regimes in Singapore and Hong Kong News Team Thursday, November 14, 2024 12:00 am http://asia.managersofwealth.com/article/74953/a-review-of-the-tax-regimes-in-singapore-and-hong-kong The position can be improved even further for those who wish to manage their investments from Singapore. Tax China is now enforcing offshore income tax. Should private bankers be worried? News Aggregation Team Friday, October 25, 2024 1:00 am http://asia.managersofwealth.com/article/74828/china-is-now-enforcing-offshore-income-tax-should-private-bankers-be-worried “Offshore income has largely been ignored by the tax authorities, but, obviously, that is changing,” a Hong Kong-based wealth advisor told APB. Tax Ultra wealthy to feel tax crunch on overseas gains News Aggregation Team Thursday, October 17, 2024 1:00 am http://asia.managersofwealth.com/article/74761/ultra-wealthy-to-feel-tax-crunch-on-overseas-gains They added that some of the targeted Chinese had at least US$10 million (HK$78 million) in offshore assets Tax Fund Channel partners with Standard Chartered for operational service News Aggregation Team Friday, December 12, 2025 12:00 am http://asia.managersofwealth.com/article/77265/fund-channel-partners-with-standard-chartered-for-operational-service The firm will provide advanced trailer fees calculation and management solutions. Comment, Analysis & Research Half Of Asia Pacific’s High Net Worth Individuals Now Allocate Over 10% To Crypto News Aggregation Team Thursday, December 11, 2025 12:00 am http://asia.managersofwealth.com/article/77264/half-of-asia-pacificamprsquos-high-net-worth-individuals-now-allocate-over-10-to-crypto 90% of Asia’s wealthy now view crypto as a long-term wealth and legacy tool, with most citing diversification as the key reason for investing. Comment, Analysis & Research Private Markets to Generate Over Half of Asset Management Revenues by 2030, PwC Forecasts USD200 Trillion AuM News Aggregation Team Monday, December 01, 2025 12:00 am http://asia.managersofwealth.com/article/77201/private-markets-to-generate-over-half-of-asset-management-revenues-by-2030-pwc-forecasts-usd200-trillion-aum PwC identifies four key business models driving growth: full-scale private-to-public platforms, solutions platforms, low-cost manufacturers, and niche specialists. Comment, Analysis & Research Wealthy but wary - examining the generational transfer News Team Monday, December 01, 2025 12:00 am http://asia.managersofwealth.com/article/77202/wealthy-but-wary-examining-the-generational-transfer The draw is diversification and higher return potential, with a growing interest in private credit, which Chisholm views as poised to attract more inflows than private equity in the coming year. Comment, Analysis & Research Wealth Boom Forces Banks to Rewrite Front Office Playbook News Aggregation Team Wednesday, November 26, 2025 12:00 am http://asia.managersofwealth.com/article/77172/wealth-boom-forces-banks-to-rewrite-front-office-playbook As the report notes, «incremental moves have delivered only a fraction of what is possible», with firms that lean solely on RM headcount expansion «falling short of the larger prize.» Comment, Analysis & Research Australia’s wealthy reach record $4tn as caution climbs beyond Covid levels News Aggregation Team Wednesday, November 26, 2025 12:00 am http://asia.managersofwealth.com/article/77177/australiaamprsquos-wealthy-reach-record-4tn-as-caution-climbs-beyond-covid-levels Australia’s high-net-worth population has grown to 760,000, collectively holding a record $4 trillion in assets, according to LGT Wealth Management’s 2025 State of Wealth report. Comment, Analysis & Research Citi: Hong Kong’s Multi-Millionaire Population Rises News Aggregation Team Thursday, November 20, 2025 12:00 am http://asia.managersofwealth.com/article/77148/citi-hong-kongamprsquos-multi-millionaire-population-rises The report defines a multimillionaire as an individual with over HK$10 million ($1.3 million) in total net assets and at least HK$1 million in liquid assets. Comment, Analysis & Research Schroders’ Hong Kong Unit Records First Positive Asia Equity Flows in Years News Aggregation Team Wednesday, November 19, 2025 12:00 am http://asia.managersofwealth.com/article/77140/schrodersamprsquo-hong-kong-unit-records-first-positive-asia-equity-flows-in-years The development comes after several years Comment, Analysis & Research Matt Comyn fronts parliament to warn of troubled times ahead News Aggregation Team Tuesday, November 18, 2025 12:00 am http://asia.managersofwealth.com/article/77128/matt-comyn-fronts-parliament-to-warn-of-troubled-times-ahead The stark warning came amid a long-running push from the country’s largest lender Comment, Analysis & Research South Korea’s jobless rate edges up, but central bank to remain on hold this month News Team Friday, November 14, 2025 12:00 am http://asia.managersofwealth.com/article/77119/south-koreaamprsquos-jobless-rate-edges-up-but-central-bank-to-remain-on-hold-this-month South Korea’s jobless rate rose in October, but it remains below 3%. The Bank of Korea is expected to keep policy unchanged in November amid concerns about property risk and volatile foreign exchange markets Comment, Analysis & Research UnionBank Private Banking’s NextGen Academy is raising greatness News Aggregation Team Monday, December 08, 2025 12:00 am http://asia.managersofwealth.com/article/77240/unionbank-private-bankingamprsquos-nextgen-academy-is-raising-greatness UnionBank Private Banking’s NextGen Academy is paving the way for future leaders of the business world Retail Banking Lloyds completes its first India–UK digital Letter of Credit on WaveBL News Team Thursday, December 04, 2025 12:00 am http://asia.managersofwealth.com/article/77222/lloyds-completes-its-first-indiaampndashuk-digital-letter-of-credit-on-wavebl It was executed entirely through the WaveBL platform and demonstrates how digital trade is shifting from long processing cycles to almost real-time execution. Retail Banking OCBC’s First–Mover Advantage in Largest QR Payments Market News Aggregation Team Tuesday, December 02, 2025 12:00 am http://asia.managersofwealth.com/article/77210/ocbcamprsquos-firstampndashmover-advantage-in-largest-qr-payments-market The new capability stems from an expanded partnership with UnionPay International, formalised in Shanghai on 28 November 2025. Retail Banking OCBC adds eight major digital wallets across Southeast Asia to OCBC app News Team Monday, November 24, 2025 12:00 am http://asia.managersofwealth.com/article/77163/ocbc-adds-eight-major-digital-wallets-across-southeast-asia-to-ocbc-app The partnership with Visa makes the OCBC app the most connected banking app in the region with coverage of 10 digital wallets Retail Banking Commonwealth Bank Executive Leadership Team update News Team Monday, November 24, 2025 12:00 am http://asia.managersofwealth.com/article/77164/commonwealth-bank-executive-leadership-team-update Announcing a change to the bank’s Executive Leadership Team. Retail Banking Hang Seng revamps branches, opens wealth centre at Kowloon main branch News Aggregation Team Thursday, November 20, 2025 12:00 am http://asia.managersofwealth.com/article/77143/hang-seng-revamps-branches-opens-wealth-centre-at-kowloon-main-branch The bank will open a wealth centre at Harbour City before the year ends. Retail Banking Hana Bank fined 18 bln won for mis-selling private funds News Aggregation Team Monday, November 10, 2025 12:00 am http://asia.managersofwealth.com/article/77081/hana-bank-fined-18-bln-won-for-mis-selling-private-funds While selling the products, which had a combined sales volume of 377.9 billion won, the bank had allegedly distorted or omitted key information, violating its duty to explain investment risks Retail Banking Westpac targets property investors in mortgage lending turnaround plan News Aggregation Team Tuesday, November 04, 2025 12:00 am http://asia.managersofwealth.com/article/77053/westpac-targets-property-investors-in-mortgage-lending-turnaround-plan The big four bank said profits fell 1 per cent to $6.9 billion in the 12 months to the end of September, the first time that Miller, who was appointed to the top job late last year, has presented the accounts. Retail Banking Islamic finance offers a USD5.5 trillion opportunity to unlock new markets and capital News Aggregation Team Tuesday, November 04, 2025 12:00 am http://asia.managersofwealth.com/article/77054/islamic-finance-offers-a-usd55-trillion-opportunity-to-unlock-new-markets-and-capital Corporate knowledge gap is “an increasingly expensive opportunity cost” Retail Banking DBS and Goldman Sachs complete first-ever interbank over-the-counter cryptocurrency options trade News Aggregation Team Friday, October 31, 2025 12:00 am http://asia.managersofwealth.com/article/77035/dbs-and-goldman-sachs-complete-first-ever-interbank-over-the-counter-cryptocurrency-options-trade Transaction reflects growing maturation of digital assets as ecosystem begins to adopt best practices of traditional asset classes Retail Banking MUFG to Deepen Asset Management Partnership with Morgan Stanley News Aggregation Team Tuesday, December 09, 2025 12:00 am http://asia.managersofwealth.com/article/77249/mufg-to-deepen-asset-management-partnership-with-morgan-stanley Takase confirmed there are no plans to alter the existing shareholding structure. Investment Bank Crédit Agricole CIB Extends Hong Kong Lease to 2034 News Aggregation Team Monday, November 10, 2025 12:00 am http://asia.managersofwealth.com/article/77083/crampeacutedit-agricole-cib-extends-hong-kong-lease-to-2034 Our renewed office not only strengthens this ‘foundation' for the next decade Investment Bank UOB Achieves Strong Growth in Its Cross-Border Business Across ASEAN and Greater China as Companies Move Supply Chains to Region News Aggregation Team Friday, October 17, 2025 1:00 am http://asia.managersofwealth.com/article/76956/uob-achieves-strong-growth-in-its-cross-border-business-across-asean-and-greater-china-as-companies-move-supply-chains-to-region As companies reconfigure their supply chains, UOB has seen increased demand for trade and Financial Supply Chain Management (FSCM) financing, digital payments and collections solutions. Investment Bank DBS Hong Kong launches Regional Investment Corridors initiative to forge new cross-border growth channels across Asia News Team Friday, October 10, 2025 1:00 am http://asia.managersofwealth.com/article/76916/dbs-hong-kong-launches-regional-investment-corridors-initiative-to-forge-new-cross-border-growth-channels-across-asia Inaugural event, themed “Japan’s Investment Horizon: Exploring Inbound & Outbound Opportunities”, bridges private capital opportunities between Hong Kong and Japan Investment Bank Crédit Agricole Corporate and Investment Bank and Indosuez Wealth Management Inaugurate New Singapore Office to Support Local and Regional Growth Momentum News Aggregation Team Friday, September 26, 2025 1:00 am http://asia.managersofwealth.com/article/76836/crampeacutedit-agricole-corporate-and-investment-bank-and-indosuez-wealth-management-inaugurate-new-singapore-office-to-support-local-and-regional-growth-momentum This relocation aligns with Crédit Agricole Group’s long-term strategy for Asia-Pacific, driving operational efficiency, deepening synergies across business lines, and creating a future-ready environment for clients and employees. Investment Bank Deutsche Bank closes USD 184M ECA financing for Thailand’s THAICOM10 satellite project News Team Friday, September 05, 2025 1:00 am http://asia.managersofwealth.com/article/76720/deutsche-bank-closes-usd-184m-eca-financing-for-thailandamprsquos-thaicom10-satellite-project The loan will finance STI’s commercial contract with France’s Airbus Defence & Space to manufacture the new Software Defined High Throughput Satellite (SD-HTS). Investment Bank Goldman Sachs Expands Mumbai Presence With New Office Opening News Aggregation Team Wednesday, August 20, 2025 1:00 am http://asia.managersofwealth.com/article/76624/goldman-sachs-expands-mumbai-presence-with-new-office-opening The new office occupies the entire tenth floor and half of the ninth floor of Ascent Worli. Investment Bank Deutsche Bank featured in SG Enable’s national guide to disability-inclusive employment News Team Monday, August 18, 2025 1:00 am http://asia.managersofwealth.com/article/76603/deutsche-bank-featured-in-sg-enableamprsquos-national-guide-to-disability-inclusive-employment Deutsche Bank Singapore’s Neurodiversity@Work programme and dbEnable staff network showcased as models for inclusive hiring and workplace innovation. Investment Bank Citi Names Investment Banking Trio in Asia News Aggregation Team Tuesday, August 05, 2025 1:00 am http://asia.managersofwealth.com/article/76521/citi-names-investment-banking-trio-in-asia Based in Hong Kong, he will join later in the year and report to global head of GAM Ashu Khullar as well as Jan Metzger, head of investment banking for JANA and South Asia. Investment Bank Asia’s Best Investment Bank for Financing 2025 News Team Wednesday, July 30, 2025 1:00 am http://asia.managersofwealth.com/article/76493/asiaamprsquos-best-investment-bank-for-financing-2025 The bank was involved in five out of seven US IPOs by Asian issuers in 2024. Investment Bank Singapore backs global push for sustainable cooling as cities step up heat action at COP30 News Aggregation Team Wednesday, November 12, 2025 12:00 am http://asia.managersofwealth.com/article/77097/singapore-backs-global-push-for-sustainable-cooling-as-cities-step-up-heat-action-at-cop30 Cooling can be unsustainable when it relies heavily on electricity generated from fossil fuels, which contribute to planet-warming emissions. Planet SOS Standard Chartered launches sustainable escrow and account bank solution News Team Tuesday, July 29, 2025 1:00 am http://asia.managersofwealth.com/article/76485/standard-chartered-launches-sustainable-escrow-and-account-bank-solution New offering allows clients to embed sustainability into their cash management and support delivery of their sustainability goals Planet SOS CIMB commits RM300 billion to power a greener and more inclusive ASEAN economy by 2030 News Team Tuesday, July 15, 2025 1:00 am http://asia.managersofwealth.com/article/76405/cimb-commits-rm300-billion-to-power-a-greener-and-more-inclusive-asean-economy-by-2030 The Group strengthens its commitment to enable a just transition across the region Planet SOS How advisers can navigate ESG fund closures News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76015/how-advisers-can-navigate-esg-fund-closures Part of this is due to ASIC’s crackdown on greenwashing which has prompted fund managers to reconsider their ranges or how they are labelled. Planet SOS Nomura Issues Report on Avoided Emissions from Investor Perspective News Team Thursday, May 01, 2025 1:00 am http://asia.managersofwealth.com/article/75945/nomura-issues-report-on-avoided-emissions-from-investor-perspective The concept of avoided emissions has gained traction as a new metric to assess a company's contribution to reducing overall GHG emissions and resolving issues affecting society. Planet SOS DBS named World’s Best Bank for Sustainable Finance by Global Finance News Team Monday, February 24, 2025 12:00 am http://asia.managersofwealth.com/article/75550/dbs-named-worldamprsquos-best-bank-for-sustainable-finance-by-global-finance Recognised for leadership in sustainable finance, including innovative solutions that accelerate Asia's transition agenda, drive cross-border impact, and empower corporates and SMEs Planet SOS Policy and investment need to prioritise renewable energy News Aggregation Team Monday, January 27, 2025 12:00 am http://asia.managersofwealth.com/article/75390/policy-and-investment-need-to-prioritise-renewable-energy Bangladesh has slowly been investing in green finance initiatives through the banking sector, but the transition to a society free of fossil fuel use will require a lot more investment in the renewable energy sector Planet SOS Trump’s climate policy and its impact on investments News Team Thursday, January 23, 2025 12:00 am http://asia.managersofwealth.com/article/75369/trumpamprsquos-climate-policy-and-its-impact-on-investments In practice, this means that the US no longer has to submit a climate action plan to the United Nations every five years. Planet SOS Mirova Commits USD10 million to Global Commercial & Industrial Solar Leader ecoligo to Fuel Its Growth in Vietnam News Team Friday, January 17, 2025 12:00 am http://asia.managersofwealth.com/article/75335/mirova-commits-usd10-million-to-global-commercial-ampamp-industrial-solar-leader-ecoligo-to-fuel-its-growth-in-vietnam ecoligo has successfully raised €74 million to date and currently manages a global portfolio of 100 MWp, comprising 200 projects. Planet SOS Bank DBS Indonesia introduces first ever Sustainability-Linked Trade Finance Facility for PT. Indo-Rama Synthetics Tbk | Bahasa News Team Thursday, January 16, 2025 12:00 am http://asia.managersofwealth.com/article/75328/bank-dbs-indonesia-introduces-first-ever-sustainability-linked-trade-finance-facility-for-pt-indo-rama-synthetics-tbk-bahasa DBS Bank's commitment to sustainability is reflected in its concrete steps, becoming the first Singaporean bank to pledge to achieve net-zero emissions by 2050 or earlier. Planet SOS