Managers of Wealth - Asia http://asia.managersofwealth.com/ Wed, 21 May 2025 06:30:45 BST part of MediaG8way Group http://asia.managersofwealth.com/ http://asia.managersofwealth.com/assets/images/logo.png Managers of Wealth - Asia KohanaPHP KB Securities’ WM Assets Exceed 70 Trillion Won News Aggregation Team Tuesday, May 20, 2025 1:00 am http://asia.managersofwealth.com/article/76059/kb-securitiesamprsquo-wm-assets-exceed-70-trillion-won Retirement Pension Reserves Also Reach 7 Trillion Won Wealth and Asset Management Standard Chartered: “Global Islamic Finance Assets to Surpass USD 7.5 Trillion by 2028” News Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76056/standard-chartered-ampldquoglobal-islamic-finance-assets-to-surpass-usd-75-trillion-by-2028amprdquo 36% asset growth over next four years as Islamic Banking enters new phase Wealth and Asset Management Mirae Asset Securities opens The Sage Family Office to serve ultra-high-net-worth clients News Aggregation Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76048/mirae-asset-securities-opens-the-sage-family-office-to-serve-ultra-high-net-worth-clients The new branch is expected to provide specialized services such as customized portfolio management Wealth and Asset Management Singapore remisiers stay relevant by adding wealth management and other financial services News Aggregation Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76050/singapore-remisiers-stay-relevant-by-adding-wealth-management-and-other-financial-services An individual can be both a remisier and a financial adviser if he has the necessary qualifications and licences Wealth and Asset Management Groww to buy wealth management firm Fisdom for $150m News Aggregation Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76057/groww-to-buy-wealth-management-firm-fisdom-for-150m The acquisition awaits SEBI's regulatory approval and is expected to finalise in two to three months. Wealth and Asset Management Rich Japanese still fear yen crash, wealth manager says News Aggregation Team Thursday, May 15, 2025 1:00 am http://asia.managersofwealth.com/article/76037/rich-japanese-still-fear-yen-crash-wealth-manager-says But there’s one key holdout that isn’t ready for bullishness: Japan’s richest citizens, worried about the economic outlook Wealth and Asset Management Family offices are pouring money into private markets — just not VC News Aggregation Team Wednesday, May 14, 2025 1:00 am http://asia.managersofwealth.com/article/76021/family-offices-are-pouring-money-into-private-markets-ampmdash-just-not-vc One of the country's largest multi-family office managers says there are significant shifts underway in how the country's wealthiest families are allocating capital. Wealth and Asset Management Hong Kong's Private Wealth Association Expands Membership News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76010/hong-kongamp039s-private-wealth-association-expands-membership This includes Robeco, Apollo Global Management, Blue Owl Capital, Brookfield Oaktree Wealth Solutions and Futu Trustee. Wealth and Asset Management Chairman Grant Ko on Wisdom Family Office’s Stellar Growth and the Evolution of Family Offices in Asia News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76011/chairman-grant-ko-on-wisdom-family-officeamprsquos-stellar-growth-and-the-evolution-of-family-offices-in-asia Grant Ko has established himself as a trusted advisor to ultra-high-net-worth (UHNW) families and individuals across Greater China. Wealth and Asset Management Asian family offices targeted in private market lift-off News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76018/asian-family-offices-targeted-in-private-market-lift-off These quasi-institutional players are increasingly focusing on private markets Wealth and Asset Management Future Fund makes leadership appointments News Aggregation Team Tuesday, May 27, 2025 1:00 am http://asia.managersofwealth.com/article/76025/future-fund-makes-leadership-appointments She's previously held senior roles at Burra Foods, Bega Cheese, and Tatura Milk Industries. Executive Moves BofA Bolsters Payments Solutions Team in Australia News Aggregation Team Tuesday, May 20, 2025 1:00 am http://asia.managersofwealth.com/article/76058/bofa-bolsters-payments-solutions-team-in-australia She will be responsible for driving the overall strategic direction of the bank's Australia GPS franchise Executive Moves Hong Leong Bank taps Citi for new wealth COO News Aggregation Team Tuesday, May 20, 2025 1:00 am http://asia.managersofwealth.com/article/76062/hong-leong-bank-taps-citi-for-new-wealth-coo The bank has recruited a new head of operations and transformation. Executive Moves HSBC Names Desk Head for International Clients News Aggregation Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76046/hsbc-names-desk-head-for-international-clients We are confident that Kapil’s leadership will further reinforce our position as a leading global private bank Executive Moves Pacific Life Re Appoints South Korea Head News Aggregation Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76052/pacific-life-re-appoints-south-korea-head Pacific Life Re has appointed Kenichi Kim as head of South Korea Executive Moves SMBC Taps Veteran Technologist to Co-Lead APAC Digital Push News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76032/smbc-taps-veteran-technologist-to-co-lead-apac-digital-push Earlier assignments included senior roles overseeing APAC technology, change delivery, and front-to-back process optimisation Executive Moves Fiera Capital hires ex-Nomura veteran as COO to accelerate Japan push News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76042/fiera-capital-hires-ex-nomura-veteran-as-coo-to-accelerate-japan-push The hire comes as the asset manager seeks to obtain regulatory approval to distribute its fund range to Japanese residents. Executive Moves Jarden Strengthens advisory team with Rothschild exec News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76043/jarden-strengthens-advisory-team-with-rothschild-exec Sam Prentice has joined the trans-Tasman stockbroker as a managing director. Executive Moves PRI chief executive David Atkin to step down News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76044/pri-chief-executive-david-atkin-to-step-down Under Atkin's leadership, the PRI has undergone a significant transformation. Executive Moves JLL Strengthens Office Leasing Advisory in Indonesia News Aggregation Team Thursday, May 15, 2025 1:00 am http://asia.managersofwealth.com/article/76029/jll-strengthens-office-leasing-advisory-in-indonesia She will also join JLL Indonesia’s country leadership team Executive Moves IQ-EQ shortlisted for two categories in 2025 HFM Asia Services Awards News Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76053/iq-eq-shortlisted-for-two-categories-in-2025-hfm-asia-services-awards The two award categories we’ve been shortlisted for acknowledge firms that are delivering excellence in regulatory and compliance advisory services Legal, Regulation & Compliance Macquarie statement on ASIC civil proceedings News Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76045/macquarie-statement-on-asic-civil-proceedings The reporting issues identified in the proceedings have been remediated with additional controls implemented. Legal, Regulation & Compliance SFC and ADGM’s FSRA enhances regulatory cooperation on supervision of cross-border investment management activity News Team Thursday, May 15, 2025 1:00 am http://asia.managersofwealth.com/article/76035/sfc-and-adgmamprsquos-fsra-enhances-regulatory-cooperation-on-supervision-of-cross-border-investment-management-activity The MoU provides for a framework for consultation, cooperation and exchange of information in connection with supervision Legal, Regulation & Compliance “Keeping the Ingredients for a Resilient System in Balance” - Opening Remarks by Mr Marcus Lim, Assistant Managing Director (Banking & Insurance), MAS News Team Friday, May 09, 2025 1:00 am http://asia.managersofwealth.com/article/75998/ampldquokeeping-the-ingredients-for-a-resilient-system-in-balanceamprdquo-opening-remarks-by-mr-marcus-lim-assistant-managing-director-banking-ampamp-insurance-mas Since its launch in April 2024, Singapore and France have embarked on a series of collaborations across areas such as the circular economy, renewable energy and sustainable shipping. Legal, Regulation & Compliance HKMA’s Response to US Fed’s Interest Rate Decision News Team Thursday, May 08, 2025 1:00 am http://asia.managersofwealth.com/article/75990/hkmaamprsquos-response-to-us-fedamprsquos-interest-rate-decision The policy decision is in line with market expectations. Legal, Regulation & Compliance SFC’s senior executives visit Abu Dhabi and Dubai to promote collaboration on virtual assets News Team Wednesday, May 07, 2025 1:00 am http://asia.managersofwealth.com/article/75982/sfcamprsquos-senior-executives-visit-abu-dhabi-and-dubai-to-promote-collaboration-on-virtual-assets The endeavours of the SFC align with the SFC’s broader policy to deepen its overseas networks. Legal, Regulation & Compliance Allens advises TA Associates on investment in leading NZ wealth manager News Team Tuesday, May 06, 2025 1:00 am http://asia.managersofwealth.com/article/75974/allens-advises-ta-associates-on-investment-in-leading-nz-wealth-manager Alongside Chapman Tripp, Allens advised on all aspects of the transaction. Legal, Regulation & Compliance Financial Hub Singapore: Surprisingly, Everything Remains the Same News Aggregation Team Monday, May 05, 2025 1:00 am http://asia.managersofwealth.com/article/75957/financial-hub-singapore-surprisingly-everything-remains-the-same A government that preserves and develops these values is therefore crucial. Legal, Regulation & Compliance ASIC permanently bans former financial adviser Neville Allan Kendrick News Team Friday, May 02, 2025 1:00 am http://asia.managersofwealth.com/article/75948/asic-permanently-bans-former-financial-adviser-neville-allan-kendrick ASIC also had reason to believe that Mr Kendrick lacks the fitness and propriety, and the training and competence, required to participate in the Australian financial services industry. Legal, Regulation & Compliance ASIC cancels licence of Viridian Equity Group Pty Ltd News Team Monday, April 28, 2025 1:00 am http://asia.managersofwealth.com/article/75911/asic-cancels-licence-of-viridian-equity-group-pty-ltd As a result, on 17 April 2025, ASIC cancelled Viridian Equity’s AFS licence. Legal, Regulation & Compliance MUFG Bank to Use Startup Sakana’s AI to Boost Operations News Aggregation Team Tuesday, May 20, 2025 1:00 am http://asia.managersofwealth.com/article/76060/mufg-bank-to-use-startup-sakanaamprsquos-ai-to-boost-operations MUFG Bank Ltd. will use Sakana AI’s reasoning models to deploy internal software to support the bank’s decision-making processes under a three-year contract, the startup wrote in a blog post Monday. FinTech Vietnam’s finance sector faces digitalisation challenges despite eased regulation News Aggregation Team Thursday, May 15, 2025 1:00 am http://asia.managersofwealth.com/article/76036/vietnamamprsquos-finance-sector-faces-digitalisation-challenges-despite-eased-regulation Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit. FinTech Jackson Ng of Azimut Investment Management: Driving Practical AI Innovation in Wealth Management News Aggregation Team Wednesday, May 14, 2025 1:00 am http://asia.managersofwealth.com/article/76022/jackson-ng-of-azimut-investment-management-driving-practical-ai-innovation-in-wealth-management His message was direct: in a world of limitless technological possibilities, wealth managers must prioritise value creation and approach AI adoption with focus, agility, and pragmatism. FinTech Silverlake and Huawei Cloud to Develop AI-Driven Core Banking Platform News Aggregation Team Wednesday, May 14, 2025 1:00 am http://asia.managersofwealth.com/article/76026/silverlake-and-huawei-cloud-to-develop-ai-driven-core-banking-platform The partnership aims to streamline banking operations, strengthen cybersecurity, and support digital transformation efforts across the financial sector. FinTech Crypto platform FalconX partners with Standard Chartered News Aggregation Team Wednesday, May 14, 2025 1:00 am http://asia.managersofwealth.com/article/76027/crypto-platform-falconx-partners-with-standard-chartered The partnership marks FalconX's first collaboration with a global traditional bank and suggests growing institutional demand for digital assets through traditional finance channels. FinTech Criminal attacks, human error drive data breaches News Aggregation Team Wednesday, May 14, 2025 1:00 am http://asia.managersofwealth.com/article/76028/criminal-attacks-human-error-drive-data-breaches Malicious and criminal attacks were the main source of breaches. FinTech Bhutan Enables Tourists to Pay with Crypto for Everything from Visas to Street Vendors News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76012/bhutan-enables-tourists-to-pay-with-crypto-for-everything-from-visas-to-street-vendors Over 100 merchants across Bhutan have been onboarded. FinTech Australian banks prioritise digital overhaul to meet demands News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76014/australian-banks-prioritise-digital-overhaul-to-meet-demands The report underscores that customer expectations are changing rapidly, prompting banks to rethink their approaches. FinTech Inside Bank of Singapore’s data-driven transformation News Aggregation Team Friday, May 09, 2025 1:00 am http://asia.managersofwealth.com/article/75994/inside-bank-of-singaporeamprsquos-data-driven-transformation Initially hired to craft the bank’s data strategy and lead its innovation lab, Ms Le Cotonnec soon found that the two efforts were inseparable, especially with the rise of AI. FinTech ADDX Partners with Franklin Templeton and Lexington Partners on Secondaries News Team Tuesday, May 06, 2025 1:00 am http://asia.managersofwealth.com/article/75964/addx-partners-with-franklin-templeton-and-lexington-partners-on-secondaries Through the partnership, ADDX will offer access to a globally diversified secondaries strategy FinTech Swiss Re posts $1.28b Q1 profit with gains in underwriting and tax News Aggregation Team Tuesday, May 20, 2025 1:00 am http://asia.managersofwealth.com/article/76061/swiss-re-posts-128b-q1-profit-with-gains-in-underwriting-and-tax P&C Re reported a net income of $527m, lower on a YoY basis. Alternative Investments IQ-EQ enters the ANZ market with AMAL Group acquisition News Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76054/iq-eq-enters-the-anz-market-with-amal-group-acquisition This investment marks a significant milestone in our global expansion strategy Alternative Investments Coller Capital launches PE fund on Aussie wealth platforms News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76039/coller-capital-launches-pe-fund-on-aussie-wealth-platforms The investment firm – which manages more than $62 billion in private equity, private credit, and other private market vehicles – launched its Coller Private Equity Secondaries Fund last October. Alternative Investments New private home sales fall in April as trade tensions hit Singapore’s economic outlook News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76040/new-private-home-sales-fall-in-april-as-trade-tensions-hit-singaporeamprsquos-economic-outlook Excluding ECs, 1,344 new units were launched in April, compared with just 555 units in March, and up from a mere 278 units launched in April 2024. Alternative Investments Partners Group to Acquire Digital Halo News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76041/partners-group-to-acquire-digital-halo These sites will offer both built-to-suit and colocation solutions to hyperscale and enterprise clients under long-term agreements, supporting a predictable revenue stream. Alternative Investments Tender results of the re-opening of 15-year HKD HKSAR Institutional Government Bonds News Aggregation Team Thursday, May 15, 2025 1:00 am http://asia.managersofwealth.com/article/76034/tender-results-of-the-re-opening-of-15-year-hkd-hksar-institutional-government-bonds A total of HK$0.5 billion 15-year Government Bonds were offered today. Alternative Investments Cayman Islands funds: At the forefront of Japan’s investment evolution News Aggregation Team Wednesday, May 14, 2025 1:00 am http://asia.managersofwealth.com/article/76023/cayman-islands-funds-at-the-forefront-of-japanamprsquos-investment-evolution After decades of thrift and caution shaped by deflation, Japanese households and institutions are undergoing a historic transformation in financial behaviour. Alternative Investments FWD Singapore, IPP eye Gen Zers amidst wealth influx News Aggregation Team Monday, May 12, 2025 1:00 am http://asia.managersofwealth.com/article/75999/fwd-singapore-ipp-eye-gen-zers-amidst-wealth-influx Assets are being passed down through families from one generation to the next. Alternative Investments India and Maldives strengthen healthcare partnership News Aggregation Team Monday, May 12, 2025 1:00 am http://asia.managersofwealth.com/article/76007/india-and-maldives-strengthen-healthcare-partnership This partnership ensures a continuous and affordable supply of essential medicines to every corner of the Maldives. Alternative Investments News: Channel Capital Launches Apollo Asset Backed Credit Trust News Team Thursday, May 08, 2025 1:00 am http://asia.managersofwealth.com/article/75987/news-channel-capital-launches-apollo-asset-backed-credit-trust Australian Feeder Fund Offers Wholesale Investors Access to Apollo’s Asset Backed Finance Strategy ‍ Alternative Investments 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 Banking as a Service poised to transform Thailand’s financial ecosystem, PwC Thailand says News Team Friday, October 11, 2024 1:00 am http://asia.managersofwealth.com/article/74724/banking-as-a-service-poised-to-transform-thailandamprsquos-financial-ecosystem-pwc-thailand-says The opportunities are growing, but how businesses address the challenges of adopting BaaS will be essential for success. Tax ANZ Bank CEO’s Shameless Self Interest: This Is Why People Hate Bankers News Aggregation Team Thursday, September 26, 2024 1:00 am http://asia.managersofwealth.com/article/74630/anz-bank-ceoamprsquos-shameless-self-interest-this-is-why-people-hate-bankers The reason Watson is promoting a capital gains tax is so families are even further incentivised to park their nest eggs under the roofs of their family home. Tax Deloitte and RFO: SFOs Lack NextGen Confidence 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 EY survey finds Asia wealth clients more likely to switch provider News Aggregation Team Tuesday, May 20, 2025 1:00 am http://asia.managersofwealth.com/article/76063/ey-survey-finds-asia-wealth-clients-more-likely-to-switch-provider Volatility and technology are reshaping the wealth management industry, according to the survey’s findings. Comment, Analysis & Research Rich Japanese Still Fear a Yen Crash, UBS Wealth Manager Says News Aggregation Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76049/rich-japanese-still-fear-a-yen-crash-ubs-wealth-manager-says That’s in part because the country’s most prosperous households, who are sitting on loads of cash in bank accounts losing value by the day due to inflation, are still scarred by the market’s collapse in the early 1990s Comment, Analysis & Research BOS's HK branch grows discretionary assets 47% YOY News Aggregation Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76051/bosamp039s-hk-branch-grows-discretionary-assets-47-yoy The OCBC subsidiary said it is on track to achieve its assets under management growth target over the next three years. Comment, Analysis & Research Asia-Pacific Ignites 2025 Travel Fever News Aggregation Team Friday, May 16, 2025 1:00 am http://asia.managersofwealth.com/article/76038/asia-pacific-ignites-2025-travel-fever The report attributes the beach city’s surge to travelers’ growing appetite for authentic coastal escapes and social-media-ready scenery. Comment, Analysis & Research Multifamily offices could yield bigger benefits for Hong Kong, industry executive says News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76009/multifamily-offices-could-yield-bigger-benefits-for-hong-kong-industry-executive-says Hong Kong can boost its economy, create jobs and generate positive global image with multifamily offices, Raffles Family Office CEO says Comment, Analysis & Research True wealth is not what you have but what you get rid of News Aggregation Team Monday, May 12, 2025 1:00 am http://asia.managersofwealth.com/article/76008/true-wealth-is-not-what-you-have-but-what-you-get-rid-of Yes, but… there comes a moment in life – in many lives Comment, Analysis & Research Hong Kong’s 8 online banks set sights on managing wealth after 74% deposits growth News Aggregation Team Monday, May 05, 2025 1:00 am http://asia.managersofwealth.com/article/75956/hong-kongamprsquos-8-online-banks-set-sights-on-managing-wealth-after-74-deposits-growth Hong Kong’s digital banks plan to expand wealth management businesses as deposits and loans surge Comment, Analysis & Research SG banks to report mixed NIM, strong wealth and trade income for Q1 News Aggregation Team Thursday, May 01, 2025 1:00 am http://asia.managersofwealth.com/article/75942/sg-banks-to-report-mixed-nim-strong-wealth-and-trade-income-for-q1 NIMs for the quarter may be flat to declining quarter-on-quarter. Comment, Analysis & Research How the traditional family office model is transitioning to outsourcing News Aggregation Team Wednesday, April 30, 2025 1:00 am http://asia.managersofwealth.com/article/75927/how-the-traditional-family-office-model-is-transitioning-to-outsourcing Gilmour says this is especially true for single-family offices, which focus on an individual or family, as it is difficult for these offices to have the depth and breadth of the experience across different asset classes. Comment, Analysis & Research Five Forces Shaping Asia-Pacific’s New Powerhouses News Aggregation Team Wednesday, April 30, 2025 1:00 am http://asia.managersofwealth.com/article/75933/five-forces-shaping-asia-pacificamprsquos-new-powerhouses The companies highlighted in this report are not only responding to these challenges Comment, Analysis & Research Hang Seng Bank launches cross-boundary wealth centre at Central branch News Aggregation Team Tuesday, May 13, 2025 1:00 am http://asia.managersofwealth.com/article/76017/hang-seng-bank-launches-cross-boundary-wealth-centre-at-central-branch The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers. Retail Banking Australia’s newest big four bank boss has his work cut out for him News Aggregation Team Monday, May 12, 2025 1:00 am http://asia.managersofwealth.com/article/76006/australiaamprsquos-newest-big-four-bank-boss-has-his-work-cut-out-for-him That could stand him in contrast to an often more informal corporate culture in Australia. Retail Banking Hong Leong Bank redefines branch banking at Eco Majestic News Team Thursday, May 08, 2025 1:00 am http://asia.managersofwealth.com/article/75986/hong-leong-bank-redefines-branch-banking-at-eco-majestic This community-centric branch is central to HLB's bank-wide transformation plan, which includes upgrading existing branches and strategically tailoring service offerings. Retail Banking ZA Bank reports HK$548m net revenue and narrows losses by 42% News Aggregation Team Tuesday, May 06, 2025 1:00 am http://asia.managersofwealth.com/article/75966/za-bank-reports-hk548m-net-revenue-and-narrows-losses-by-42 Net interest income is 86% higher in 2024. Retail Banking Bangkok Bank connects with China’s fund transfer network News Aggregation Team Monday, May 05, 2025 1:00 am http://asia.managersofwealth.com/article/75955/bangkok-bank-connects-with-chinaamprsquos-fund-transfer-network This is expected to reduce transaction times and costs for export-import businesses. Retail Banking Euromoney again hails Metrobank as best for Phl’s ultra-rich News Aggregation Team Wednesday, April 16, 2025 1:00 am http://asia.managersofwealth.com/article/75865/euromoney-again-hails-metrobank-as-best-for-phlamprsquos-ultra-rich The recognition cements Metrobank’s position as the trusted bank of choice for the country’s wealthiest individuals. Retail Banking Indonesia and Philippines markets: BSP cuts, BI to draw a pause News Team Tuesday, April 15, 2025 1:00 am http://asia.managersofwealth.com/article/75859/indonesia-and-philippines-markets-bsp-cuts-bi-to-draw-a-pause Philippine Rates: BSP cuts 25 bps to 5.50%Indonesia Rates: Market relief Retail Banking Gatekeeper: Barclays' Ong aims to build Singapore into DPM hub News Aggregation Team Friday, April 11, 2025 1:00 am http://asia.managersofwealth.com/article/75841/gatekeeper-barclaysamp039-ong-aims-to-build-singapore-into-dpm-hub The British bank looks to build out its discretionary portfolio management business and launch further products in the city-state, which is to become a booking centre next year. Retail Banking UnionBank named Best Wealth Management Bank in the Philippines News Aggregation Team Monday, April 07, 2025 1:00 am http://asia.managersofwealth.com/article/75801/unionbank-named-best-wealth-management-bank-in-the-philippines This recognition reflects the bank’s mission to empower Filipinos in achieving their financial goals through world-class wealth management services. Retail Banking As population shrinks, regional banks find growth in foreign customers News Aggregation Team Monday, March 24, 2025 12:00 am http://asia.managersofwealth.com/article/75721/as-population-shrinks-regional-banks-find-growth-in-foreign-customers Loan market for foreign workers tapped as new growth engine Retail Banking Unreasonable Impact announces new roster of ventures for the 2025 Asia Pacific programme News Team Monday, May 19, 2025 1:00 am http://asia.managersofwealth.com/article/76055/unreasonable-impact-announces-new-roster-of-ventures-for-the-2025-asia-pacific-programme Supporting entrepreneurs to power innovation, accelerate growth and foster resilient communities Investment Bank Macquarie Group announces $A3,715 million full-year profit News Team Monday, May 12, 2025 1:00 am http://asia.managersofwealth.com/article/76003/macquarie-group-announces-a3715-million-full-year-profit Profit for the half year ended 31 March 2025 (2H25) was $A2,103 million, up 30 per cent on the half year ended 30 September 2024 (1H25). Investment Bank Deutsche Bank wins multiple FinanceAsia awards in APAC for investment banking solutions News Team Wednesday, April 23, 2025 1:00 am http://asia.managersofwealth.com/article/75889/deutsche-bank-wins-multiple-financeasia-awards-in-apac-for-investment-banking-solutions The bank won top honours in M&A and DCM across the Asia Pacific region at the FinanceAsia 2025 Awards. Investment Bank Deutsche Bank named FX House of the Year for ASEAN and South Korea News Team Wednesday, April 23, 2025 1:00 am http://asia.managersofwealth.com/article/75890/deutsche-bank-named-fx-house-of-the-year-for-asean-and-south-korea Deutsche Bank was recognised for its ability to provide cutting-edge FX solutions and navigate complex regulatory landscapes to meet unique client needs in this high-potential region. Investment Bank Nomura Launches 100th Anniversary Commemorative Website News Aggregation Team Wednesday, April 02, 2025 1:00 am http://asia.managersofwealth.com/article/75778/nomura-launches-100th-anniversary-commemorative-website Nomura will organize a broad range of initiatives to show its appreciation to clients and other stakeholders who have supported it over the years. Investment Bank Deutsche Bank PB loses Hong Kong investment head News Aggregation Team Tuesday, April 01, 2025 1:00 am http://asia.managersofwealth.com/article/75771/deutsche-bank-pb-loses-hong-kong-investment-head Fionn Lo has left the bank after a six-year stint, where she reported to Deutsche Bank’s head of investment managers for North Asia, Cedric Ko. Investment Bank Nomura to Launch Global Marketing Tour News Team Wednesday, March 26, 2025 12:00 am http://asia.managersofwealth.com/article/75740/nomura-to-launch-global-marketing-tour The team will meet with Japanese domestic institutional investors, large private wealth investors, overseas sovereign funds, pension funds and global funds, as well as holding seminars with outside experts. Investment Bank Nomura to Issue 100th Anniversary Commemorative Dividend News Team Thursday, February 06, 2025 12:00 am http://asia.managersofwealth.com/article/75454/nomura-to-issue-100th-anniversary-commemorative-dividend Nomura would like to express its sincere gratitude to its shareholders and all stakeholders for their support over the years. Investment Bank Deutsche Bank partners with Yonyou to support Chinese enterprises going global News Team Monday, January 27, 2025 12:00 am http://asia.managersofwealth.com/article/75389/deutsche-bank-partners-with-yonyou-to-support-chinese-enterprises-going-global Deutsche Bank and Yonyou have signed a strategic MOU to empower Chinese enterprises with innovative digital financial solutions and support their global expansion. Investment Bank Japanese banks post efficiency gains as interest rate hikes boost profits News Aggregation Team Tuesday, December 24, 2024 12:00 am http://asia.managersofwealth.com/article/75201/japanese-banks-post-efficiency-gains-as-interest-rate-hikes-boost-profits The cost-to-income ratio measures the proportion of a bank's operating expenses to its operating income. Investment Bank 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 Australia and Singapore Collaborate to Support Sustainable Infrastructure and Decarbonisation in Southeast Asia News Team Thursday, December 05, 2024 12:00 am http://asia.managersofwealth.com/article/75090/australia-and-singapore-collaborate-to-support-sustainable-infrastructure-and-decarbonisation-in-southeast-asia The investment will support clean energy transition and sustainable infrastructure development across Southeast Asia. Planet SOS DBS continues to break new ground in China as first Southeast Asian bank to leverage PBOC’s Carbon Emission Reduction Facility for issuance of green loan 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 Court finds Active Super made misleading ESG claims in a greenwashing action brought by ASIC 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