http://asia.managersofwealth.com/ Sat, 21 Sep 2024 04:51:58 BST part of MediaG8way Group http://asia.managersofwealth.com/ http://asia.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74591/wealth-platform-wrise-expands-in-hong-kong-as-more-family-offices-set-up-shop The company is an independent platform that is linked with 150 financial partners, including Goldman Sachs, JPMorgan, UBS and others Wealth and Asset Management News Aggregation Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74581/single-family-offices-reach-1650-as-wealth-management-sector-booms Wealth management AUM grew by over 8% in 2023, continuing its upward trend, with a five-year compounded annual growth rate of around 10%. Wealth and Asset Management News Aggregation Team Wednesday, September 18, 2024 1:00 am http://asia.managersofwealth.com/article/74574/singapore-adds-hundreds-of-family-offices-in-2024 In total, 1,650 single family offices have been awarded tax incentives, up from 1,400 at end-2023 and 400 in 2020. Wealth and Asset Management News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74563/citigroup-to-hire-talent-in-hong-kong-in-wealth-push The talent will be based in Hong Kong and serving the region more broadly, Sieg said, declining to provide numbers. Wealth and Asset Management News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74565/personalised-investment-behind-growth-of-thai-private-wealth This group of investors, categorised as High Net Worth Individuals (HNWIs), experienced a growth rate of 10.3% in 2023 Wealth and Asset Management News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74566/singaporeamprsquos-wealth-management-sector-growing-as-single-family-offices-balloon-to-1650 An SFO manages assets belonging to only one family. Wealth and Asset Management News Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74567/ampquotbuilding-a-stronger-tomorrow-family-offices-in-our-flourishing-wealth-management-landscapeampquot-speech-by-mr-chee-hong-tat The family office community in Singapore is a vibrant and growing space. Wealth and Asset Management News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74569/icapital-to-deliver-integrated-alternative-investment-platform-to-hsbc-global-private-banking The solution will be fully integrated into HSBC’s platform to digitalize the private market investment experience for its relationship managers, investment counsellors and operations teams. Wealth and Asset Management News Aggregation Team Monday, September 16, 2024 1:00 am http://asia.managersofwealth.com/article/74553/wealth-management-institute-sgd-15-million-investment-to-strengthen-philanthropic-capabilities-through-the-asia-centre-for-changemakers Consequently, strategic philanthropy is expected to grow, underscoring the need for new skills and capabilities for the sector. Wealth and Asset Management News Aggregation Team Monday, September 16, 2024 1:00 am http://asia.managersofwealth.com/article/74555/efg-private-banker-relocates-from-switzerland-to-dubai A private banker that has had stints in Hong Kong and Zurich, has relocated to Dubai. Wealth and Asset Management News Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74593/natixis-cib-appoints-saburo-koyama-as-head-of-aviation-finance-japan In his role, he will be responsible for growing Natixis CIB’s aviation finance business in Japan and brings more than 25 years of aviation sector experience to this role. Executive Moves News Aggregation Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74594/lgt-wealth-india-hires-five-senior-rms-from-centrum-and-avendus The private bank had previously hired a Barclays Private Bank senior banker to boost their wealth planning capabilities Executive Moves News Aggregation Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74596/gam-investments-loses-local-lead He arrived from BlackRock, where he served as head of wealth for iShares Australia, running the retail business and distribution strategy. Executive Moves News Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74585/mufg-appoints-regional-head-for-middle-east His appointment is effective from 20 September 2024 and will report into Hidefumi Yamamura, Regional Executive, MUFG EMEA Executive Moves News Aggregation Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74588/avivaamprsquos-former-asia-chief-joins-sun-life He will help drive growth across the firm’s emerging markets Executive Moves News Aggregation Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74590/goldman-sachs-appoints-singapore-ceo He succeeds James Ellery who is moving to London. Executive Moves News Aggregation Team Wednesday, September 18, 2024 1:00 am http://asia.managersofwealth.com/article/74575/blackrock-rejigs-private-credit-unit-amid-senior-exits The changes include the creation on a global direct lending division and the exit of the asset manager's global private debt head. Executive Moves News Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74564/global-financial-services-group-gsb-makes-double-hire-for-wealth-division Paul Waterman and Craig Holding join the firm in Dubai Executive Moves News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74570/jp-morgan-names-tmt-head-for-china Yang has more than a decade of investment banking experience Executive Moves News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74571/s64-appoints-asia-pacific-coo He will be responsible for the firm’s corporate functions across the region Executive Moves News Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74595/apra-releases-response-to-consultation-on-enhancements-to-superannuation-data-collections APRA consulted on proposed enhancements relating to trustee financial statements, indirect investment costs, trustee and fund profiles, as well as investments. Legal, Regulation & Compliance News Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74598/major-retail-banks-to-introduce-singpass-face-verification-further-strengthening-resilience-against-phishing-scams MAS will continue to work closely with banks on measures to protect customers against scams. Legal, Regulation & Compliance News Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74599/cooley-named-rising-law-firm-of-the-year-in-hong-kong Firm shortlisted for seven Asian Legal Business awards Legal, Regulation & Compliance News Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74586/applebyamp039s-david-bulley-discusses-asia-expansion-with-china-business-law-journal The firm plans to hire more Mandarin and Shanghainese-speaking staff Legal, Regulation & Compliance News Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74587/from-boardroom-to-breakroom-ampndash-embedding-data-privacy-into-company-culture-in-singapore Recent data protection enforcement cases in Singapore have shown that failures in data protection often result from a lack of basic understanding and responsibility at all levels. Legal, Regulation & Compliance News Team Wednesday, September 18, 2024 1:00 am http://asia.managersofwealth.com/article/74578/asic-expands-operational-resilience-guidance-for-market-participants ASIC expects market participants to maintain a strong and continued focus on their technological and operational resilience, noting it is not a ‘set-and-forget’ process. Legal, Regulation & Compliance News Team Monday, September 16, 2024 1:00 am http://asia.managersofwealth.com/article/74560/asic-updates-superannuation-forecasts-relief-instrument Providers of superannuation calculators and retirement estimates relying on ASIC Instrument 2022/603 will need to update their economic assumptions to reflect this adjustment. Legal, Regulation & Compliance News Aggregation Team Thursday, September 12, 2024 1:00 am http://asia.managersofwealth.com/article/74540/shanghai-police-investigate-hywin-wealth The case thus far involves two suspects – surnamed Han and Wang – with the aim of the probe to recover losses and protect investors’ interest. Legal, Regulation & Compliance News Team Wednesday, September 11, 2024 1:00 am http://asia.managersofwealth.com/article/74531/apra-proposes-update-to-bank-capital-framework-to-strengthen-crisis-preparedness The proposed changes draw on the lessons of last year’s global banking turmoil Legal, Regulation & Compliance News Team Monday, September 09, 2024 1:00 am http://asia.managersofwealth.com/article/74516/conyers-singapore-director-anna-lin-recognised-as-fellow-of-insol-international The GIPC is INSOL International’s pre-eminent advanced educational qualification focusing on international insolvency Legal, Regulation & Compliance News Aggregation Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74589/ocbc-to-establish-new-innovation-lab OCBC Punggol is expected to be completed in the first quarter of 2027. FinTech News Aggregation Team Wednesday, September 18, 2024 1:00 am http://asia.managersofwealth.com/article/74572/dbs-expands-crypto-offering Depending on the product’s structure and cryptocurrency price movements, clients may earn yield on fiat or take delivery of the underlying cryptocurrency FinTech News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74568/paul-hodes-on-privampeacute-technologiesamprsquo-fintech-solutions-for-the-future-world-of-wealth-management Their core offerings were tools for portfolio analytics, client onboarding including suitability checks, and advisory recommendations via multi-factor portfolio optimization. FinTech News Aggregation Team Thursday, September 12, 2024 1:00 am http://asia.managersofwealth.com/article/74544/arta-finance-gets-edbi-investment-to-expand-international-wealth-footprint Arta is founded by ex-Google executives and jointly headquartered in the US and Singapore FinTech News Team Wednesday, September 11, 2024 1:00 am http://asia.managersofwealth.com/article/74534/phishing-emails-related-to-za-bank-limited 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. FinTech News Team Monday, September 09, 2024 1:00 am http://asia.managersofwealth.com/article/74515/synpulse-supports-judo-bank-in-achieving-rapid-go-live-on-new-core-banking-platform With Synpulse as the delivery partner, Judo Bank was able to leverage the firm's deep expertise in banking transformation, technological integration, and cloud services, resulting in a seamless transition to the new platform. FinTech News Aggregation Team Monday, September 09, 2024 1:00 am http://asia.managersofwealth.com/article/74520/hong-kongers-seek-digital-channels-f2f-meetings-in-wealth-mgmt-services Despite their comfort in using digital platforms and even AI, the respondents said that traditional face-to-face meetings remain an important channel for managing wealth. FinTech News Aggregation Team Tuesday, September 03, 2024 1:00 am http://asia.managersofwealth.com/article/74482/netwealth-acquires-xeppo-to-help-amplsquolicensees-of-the-futureamprsquo The acquisition aims to address the concerns that arise from workflow inefficiencies, heightened cyber security risks and governance pressures. FinTech News Team Monday, September 02, 2024 1:00 am http://asia.managersofwealth.com/article/74461/metalpha-adopts-new-bitcoin-mining-index-by-antalpha-and-ftse-russell The fund uses the Antalpha BTC Mining Index as the benchmark to invest in publicly listed Bitcoin mining companies. FinTech News Aggregation Team Thursday, August 29, 2024 1:00 am http://asia.managersofwealth.com/article/74447/transforming-traditions-fintech-and-the-future-of-family-offices A comprehensive study by Deloitte estimates that, at the end of 2023, Hong Kong hosted around 2,700 single-family offices FinTech News Aggregation Team Friday, September 20, 2024 1:00 am http://asia.managersofwealth.com/article/74597/top-25-asean-selectors-malaysiaamp039s-liquid-alts-strategies-pick-up Despite a limited product shelf, Malaysia's private banks are seeing client interest in alternative investments, particularly those with higher liquidity. Alternative Investments News Aggregation Team Wednesday, September 18, 2024 1:00 am http://asia.managersofwealth.com/article/74579/investment-boutique-calls-time-after-seven-years Earlier this month, Perpetual - as responsible entity of the funds - informed investors that after much deliberation, the decision has been made to terminate both offerings. Alternative Investments News Team Wednesday, September 18, 2024 1:00 am http://asia.managersofwealth.com/article/74580/global-finance-names-the-best-sme-banks-2025 Winners have also been named in 72 countries, territories and districts and six US regions. Alternative Investments News Aggregation Team Tuesday, September 17, 2024 1:00 am http://asia.managersofwealth.com/article/74573/dbs-posts-300-growth-in-semi-liquid-fund-sales-in-greater-china It allows DBS to sell professional investors products that were previously exclusive to institutional investors. Alternative Investments News Aggregation Team Monday, September 16, 2024 1:00 am http://asia.managersofwealth.com/article/74557/arrowpoint-investment-partners-expands-operations-in-hong-kong The expansion includes plans to establish over 20 trading teams by early 2025. Alternative Investments News Aggregation Team Monday, September 16, 2024 1:00 am http://asia.managersofwealth.com/article/74559/blackrock-to-close-two-impact-funds-and-future-consumer-fund The decision is based on expectations that these funds will not attract significant additional assets in the near term, which would result in increased investment costs. Alternative Investments News Team Monday, September 16, 2024 1:00 am http://asia.managersofwealth.com/article/74561/macquarie-capital-and-partners-complete-transaction-to-create-one-of-the-philippinesamprsquo-largest-independent-tower-companies As one of the leading and largest tower companies in the Philippines, the new company is well-equipped to meet the country’s increased demand for connectivity and quality digital infrastructure. Alternative Investments News Team Monday, September 16, 2024 1:00 am http://asia.managersofwealth.com/article/74562/north-focuses-on-customisation-and-flexibility-with-several-new-additions With this new feature, North’s investment menu can now serve a larger number of clients who want to benefit from managed portfolios but were previously limited by their individual circumstances. Alternative Investments News Aggregation Team Tuesday, September 10, 2024 1:00 am http://asia.managersofwealth.com/article/74523/leveraging-fintech-to-enhance-wealth-management-inclusion-in-china The country’s current pension system is also relatively small, making up only about 10 percent of GDP, which is significantly lower than the international average. Alternative Investments News Team Tuesday, September 10, 2024 1:00 am http://asia.managersofwealth.com/article/74525/kamet-capital-accelerates-growth-with-transformative-investments-uniquely-sourced-and-accessed-through-founders-network Since 2018, Kamet has meticulously curated a selective portfolio of over 20 hard-to-access private deals. Alternative Investments News Aggregation Team Thursday, September 12, 2024 1:00 am http://asia.managersofwealth.com/article/74539/deloitte-and-rfo-sfos-lack-nextgen-confidence Nearly seven in 10 respondents (69 percent) expect the next generation to lead their family office in Asia Pacific post-succession, according to a report by Deloitte Private and Raffles Family Office. Tax News Aggregation Team Tuesday, September 03, 2024 1:00 am http://asia.managersofwealth.com/article/74477/new-zealand-to-enforce-oecd-tax-reporting-frameworks-by-2026 The measure aims to prevent tax evasion by ensuring firms provide information on transactions in digital assets. Tax 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 Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74582/centi-millionaire-boom-america-and-china-dominate-the-super-rich-club This exclusive club has grown globally by 54% over the last decade, with America and China experiencing a centi-millionaire boom, significantly outperforming their European counterparts. Comment, Analysis & Research News Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74583/global-family-office-2024-survey-insights The survey was subsequently released to Citi Private Bank’s global family office clients for input. Comment, Analysis & Research News Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74592/the-first-cut-is-the-steepest-the-fed-market-expectations-and-the-dollar The Federal Reserve has made its first interest rate cut since the pandemic, reducing rates by 50 basis points (bps). Comment, Analysis & Research News Aggregation Team Friday, September 13, 2024 1:00 am http://asia.managersofwealth.com/article/74551/hindenburg-claims-adani-funds-frozen-in-swiss-banks Adani Group has once again fallen in the crosshairs of Hindenburg. Comment, Analysis & Research News Aggregation Team Friday, September 13, 2024 1:00 am http://asia.managersofwealth.com/article/74552/eiu-singapore-will-mop-up-hong-kongamprsquos-losses Singapore will mop up much of the financial business that is leaving Hong Kong Comment, Analysis & Research News Aggregation Team Wednesday, September 11, 2024 1:00 am http://asia.managersofwealth.com/article/74530/opportunities-for-samprsquopore-as-family-offices-look-to-hire-outside-talent-amid-wealth-transfer-to-heirs In-depth interviews were also conducted with 15 senior family office executives in the region. Comment, Analysis & Research News Team Wednesday, September 11, 2024 1:00 am http://asia.managersofwealth.com/article/74533/sfc-announces-arrangements-to-facilitate-distribution-of-research-reports-of-eligible-etfs-under-stock-connect In view of the orderly expansion of Stock Connect and the increasing diversity of eligible securities under the scheme Comment, Analysis & Research News Aggregation Team Monday, September 09, 2024 1:00 am http://asia.managersofwealth.com/article/74518/why-the-wealthy-in-asia-should-get-on-the-front-foot-in-legacy-planning Without clear planning, assets can fall into probate for years, leaving family members and courts to decide how to allocate assets Comment, Analysis & Research News Team Thursday, September 05, 2024 1:00 am http://asia.managersofwealth.com/article/74496/global-finance-names-the-stars-of-china-2024 The Stars of China Special Report will include Global Finance’s exclusive ranking of the Safest Banks in China. Comment, Analysis & Research News Aggregation Team Thursday, September 05, 2024 1:00 am http://asia.managersofwealth.com/article/74499/hsbc-two-thirds-of-affluent-asians-have-no-succession-plan Globally, 79 percent of affluent individuals believe that early planning is crucial for passing on their legacy, according to the «HSBC Quality of Life» survey. Comment, Analysis & Research News Team Thursday, September 19, 2024 1:00 am http://asia.managersofwealth.com/article/74584/customers-to-benefit-from-nab-collaboration-with-aws The collaboration with AWS is a major investment and is another important step in continuing to embed NAB’s multi-cloud approach. Retail Banking News Aggregation Team Thursday, September 05, 2024 1:00 am http://asia.managersofwealth.com/article/74495/za-bank-first-hong-kong-virtual-lender-to-declare-profit ZA Bank has become Hong Kong’s first virtual lender to report a monthly profit in July Retail Banking News Team Tuesday, September 03, 2024 1:00 am http://asia.managersofwealth.com/article/74479/cba-mandates-gresham-to-sell-ultra-high-net-worth-advice-business Sources say the advisory firm has begun mailing out marketing materials to prospective buyers. Retail Banking News Aggregation Team Wednesday, August 28, 2024 1:00 am http://asia.managersofwealth.com/article/74433/bnz-implements-open-banking-standards-ahead-of-deadline When Open Banking is fully operational, the standards will enable New Zealanders to safely and securely share their financial information with approved providers. Retail Banking News Aggregation Team Thursday, August 22, 2024 1:00 am http://asia.managersofwealth.com/article/74410/hdfc-bank-taps-retail-bankers-as-wealth-managers-amid-talent-crunch Mumbai-based HDFC's wealth business has about 800 relationship managers serving customers in about 100 cities and towns Retail Banking News Aggregation Team Wednesday, August 21, 2024 1:00 am http://asia.managersofwealth.com/article/74398/bank-credit-growth-hit-by-subdued-corporate-demand-says-citi-researchamp039s-kunal-shah Credit growth in India should range between 13% and 14% in the next couple of years, Shah said. Retail Banking News Aggregation Team Wednesday, August 21, 2024 1:00 am http://asia.managersofwealth.com/article/74402/siam-commercial-bank-rolls-out-online-international-trade-service Transactions can be made without the need to submit original documents. Retail Banking News Aggregation Team Thursday, August 15, 2024 1:00 am http://asia.managersofwealth.com/article/74367/axis-bank-expands-wealth-management-biz-rapidly-in-non-metro-cities Some of the new cities the bank has added include Patna, Raipur, Ghaziabad, Jodhpur, Udaipur, and Meerut. Retail Banking News Aggregation Team Wednesday, August 14, 2024 1:00 am http://asia.managersofwealth.com/article/74354/citi-runs-nextgen-program-in-singapore Citigold Private Client is Citi’s banking unit aimed at high net worth individuals which is one bracket below Citi Private Bank which targets the ultra-wealthy. Retail Banking News Aggregation Team Friday, August 09, 2024 1:00 am http://asia.managersofwealth.com/article/74329/amundi-asia-funds-ampndash-all-weather-income-fund-advised-by-dbs-bank-ltd-and-managed-by-amundi-now-available-to-hong-kong-retail-investors In the face of ratcheting geopolitical tensions and economic uncertainties in the year ahead Retail Banking News Team Friday, August 02, 2024 1:00 am http://asia.managersofwealth.com/article/74275/deutsche-bank-launches-basfamprsquos-first-sustainability-linked-payables-finance-program-in-asia The program will support BASF’s activities in China. Investment Bank News Aggregation Team Wednesday, July 31, 2024 1:00 am http://asia.managersofwealth.com/article/74256/japanamp039s-nomura-triples-profit-in-q1-as-end-of-deflation-spurs-wealth-management The results show the progress Nomura has made in shifting toward a fees-based profit model in order to secure more consistent revenue that is less subject to market swings. Investment Bank 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 Wednesday, August 21, 2024 1:00 am http://asia.managersofwealth.com/article/74404/dbs-continues-to-break-new-ground-in-china-as-first-southeast-asian-bank-to-leverage-pbocamprsquos-carbon-emission-reduction-facility-for-issuance-of-green-loan When completed, the project is expected to generate about 270 gigawatt hours of renewable energy Planet SOS 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