Managers of Wealth - Asia https://asia.managersofwealth.com/ Sat, 12 Jul 2025 05:25:05 BST part of MediaG8way Group https://asia.managersofwealth.com/ https://asia.managersofwealth.com/assets/images/logo.png Managers of Wealth - Asia KohanaPHP ARK Wealth Awarded "Hong Kong's Best Wealth Management Institution," Diversified Strategy Recognized by International Authorities News Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76378/ark-wealth-awarded-ampquothong-kongamp039s-best-wealth-management-institutionampquot-diversified-strategy-recognized-by-international-authorities This dual recognition not only underscores Noah ARK's continued leadership in the wealth management sector but also marks a significant breakthrough in its global strategic expansion. Wealth and Asset Management StanChart PB cancels client event in Thailand on compliance concerns News Aggregation Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76386/stanchart-pb-cancels-client-event-in-thailand-on-compliance-concerns The British lender, like many rivals, serves Thai clients from Singapore, where it books assets. Wealth and Asset Management Finalists for the Australian Wealth Management Awards revealed News Aggregation Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76368/finalists-for-the-australian-wealth-management-awards-revealed The finalists for the Australian Wealth Management Awards 2025 have been revealed, shining a spotlight on the top performers and rising stars across the nation’s wealth sector. Wealth and Asset Management Schroders launches Global Digital Assets Centre of Excellence in Singapore News Team Friday, July 04, 2025 1:00 am https://asia.managersofwealth.com/article/76345/schroders-launches-global-digital-assets-centre-of-excellence-in-singapore It will drive thought leadership and the development of best practice through policymaker engagement and industry collaboration across Schroders globally, and the broader asset management industry. Wealth and Asset Management Singapore EAM Strikes Deal With Credit Suisse Veterans News Aggregation Team Tuesday, July 01, 2025 1:00 am https://asia.managersofwealth.com/article/76316/singapore-eam-strikes-deal-with-credit-suisse-veterans The partnership will enable both firms to jointly deliver enhanced cross-border capital advisory services. Wealth and Asset Management Private equity giant TA Associates backs Aussie wealth firm News Aggregation Team Tuesday, July 01, 2025 1:00 am https://asia.managersofwealth.com/article/76317/private-equity-giant-ta-associates-backs-aussie-wealth-firm The investment, for an undisclosed sum, has been agreed by both parties and the two firms will partner closely to accelerate Viridian’s next phase of growth. Wealth and Asset Management Transforming tomorrow: Navigating wealth management’s big questions News Aggregation Team Friday, June 27, 2025 1:00 am https://asia.managersofwealth.com/article/76300/transforming-tomorrow-navigating-wealth-managementamprsquos-big-questions Crowe’s keynote will assess the impact of these themes on our investment and retirement outlook as well as outline how attendees can best consider the ecosystem they are a part of. Wealth and Asset Management Shaw and Partners Financial Services Expands into New Zealand with Strategic Acquisition News Team Thursday, June 26, 2025 1:00 am https://asia.managersofwealth.com/article/76290/shaw-and-partners-financial-services-expands-into-new-zealand-with-strategic-acquisition ISG’s funds under management are fully annuitized, providing a strong base of recurring revenue and a solid platform for future growth. Wealth and Asset Management New wealth of top 1% surges by over $33.9 trillion since 2015 – enough to end poverty 22 times over, as Oxfam warns global development “abysmally off track” ahead of crunch talks News Team Thursday, June 26, 2025 1:00 am https://asia.managersofwealth.com/article/76293/new-wealth-of-top-1-surges-by-over-339-trillion-since-2015-ampndash-enough-to-end-poverty-22-times-over-as-oxfam-warns-global-development-ampldquoabysmally-off-trackamprdquo-ahead-of-crunch-talks Oxfam’s new analysis examines the failures of a private investor-focused approach to funding development. Wealth and Asset Management Hong Kong $4 Billion 'Family Office' Ventures Into Virtual Asset Business News Aggregation Team Wednesday, June 25, 2025 1:00 am https://asia.managersofwealth.com/article/76280/hong-kong-4-billion-amp039family-officeamp039-ventures-into-virtual-asset-business A family office refers to a company dedicated to handling asset allocation, inheritance and gift issues, and tax matters for ultra-high-net-worth individuals. Wealth and Asset Management EFG Private Bank's market group head relocates to London News Aggregation Team Friday, July 11, 2025 1:00 am https://asia.managersofwealth.com/article/76389/efg-private-bankamp039s-market-group-head-relocates-to-london The former Singapore-based market group head will lead the bank's international desk in London. Executive Moves Hines Announces C-Suite Promotion in Singapore News Aggregation Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76380/hines-announces-c-suite-promotion-in-singapore In the expanded role, he will oversee real estate operations across administration, asset management and property management throughout the firm’s APAC portfolio. Executive Moves Utmost Wealth Solutions announces leadership appointments in Asia News Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76382/utmost-wealth-solutions-announces-leadership-appointments-in-asia The region is an important area of strategic focus for the business and these leadership appointments aim to capitalise further on Asia’s strong market growth. Executive Moves Barclays appoints Joseph Lee as Head of High Touch Sales Trading, Asia Pacific News Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76385/barclays-appoints-joseph-lee-as-head-of-high-touch-sales-trading-asia-pacific Appointment reinforces Barclays’ commitment to scaling its APAC Equities franchise and delivering high-touch execution to clients across the region Executive Moves UBS Hires Aussie Private Banker in Singapore News Aggregation Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76387/ubs-hires-aussie-private-banker-in-singapore Based in Singapore, he reports to Dominique Boer, head UBS WM private wealth and Australia international. Executive Moves Eastspring Investments announces appointment of Head of Global Financial Institutions & Intermediaries News Team Wednesday, July 09, 2025 1:00 am https://asia.managersofwealth.com/article/76377/eastspring-investments-announces-appointment-of-head-of-global-financial-institutions-ampamp-intermediaries This newly created role will focus on Eastspring’s coverage of global banks and intermediaries across the firm’s distribution network Executive Moves Hong Leong Bank Establishes Dedicated High Net Worth Unit News Aggregation Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76365/hong-leong-bank-establishes-dedicated-high-net-worth-unit This development aligns with Hong Leong Bank's broader strategy to position wealth management as a central pillar of its growth. Executive Moves HSBC names global head of investments and managed solutions for wealth, premier News Aggregation Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76369/hsbc-names-global-head-of-investments-and-managed-solutions-for-wealth-premier Sami Abouzahr also leads the bank’s ultra high net worth solutions group. Executive Moves Withers announces international 16 partner promotion round News Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76370/withers-announces-international-16-partner-promotion-round The new partners are based across Asia, the US and the UK Executive Moves GFTN Appoints Dutch Queen and Others to Advisory Board News Aggregation Team Monday, July 07, 2025 1:00 am https://asia.managersofwealth.com/article/76348/gftn-appoints-dutch-queen-and-others-to-advisory-board She is also the the United Nations Secretary-General’s Special Advocate for Financial Health. Executive Moves Reserve Bank of Australia plans wholesale CBDC trials on public and private DLTs News Aggregation Team Friday, July 11, 2025 1:00 am https://asia.managersofwealth.com/article/76392/reserve-bank-of-australia-plans-wholesale-cbdc-trials-on-public-and-private-dlts The securities regulator ASIC has provided some regulatory exemptions during the six month span of the project. Legal, Regulation & Compliance APRA consults on amendments to phase out AT1 Capital News Team Wednesday, July 09, 2025 1:00 am https://asia.managersofwealth.com/article/76371/apra-consults-on-amendments-to-phase-out-at1-capital The Australian Prudential Regulation Authority (APRA) has begun consulting on proposed changes to its bank prudential and reporting frameworks to phase out Additional Tier 1 (AT1) capital instruments. Legal, Regulation & Compliance ASIC appeals Federal Court findings relating to alleged unfair term used in insurance contracts by HCF Life News Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76362/asic-appeals-federal-court-findings-relating-to-alleged-unfair-term-used-in-insurance-contracts-by-hcf-life On 28 October 2024, the Federal Court found that while the pre-existing condition term was liable to mislead the public, it was not unfair. Legal, Regulation & Compliance ASIC permanently bans financial adviser Barry King News Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76363/asic-permanently-bans-financial-adviser-barry-king ASIC found that Mr King’s conduct was dishonest Legal, Regulation & Compliance SFC convenes second Digital Asset Consultative Panel meeting News Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76366/sfc-convenes-second-digital-asset-consultative-panel-meeting The SFC will continue to proactively collaborate with the VATPs via the DACP as part of the initiative in Pillar Re (Relationships) of the SFC’s ASPIRe roadmap. Legal, Regulation & Compliance MAS Takes Regulatory Actions against 9 Financial Institutions for Anti-Money Laundering Related Breaches News Team Monday, July 07, 2025 1:00 am https://asia.managersofwealth.com/article/76356/mas-takes-regulatory-actions-against-9-financial-institutions-for-anti-money-laundering-related-breaches The present suite of actions marks the conclusion of MAS’ enforcement actions against FIs with material nexus to the major ML case. Legal, Regulation & Compliance Korea launches investigation into pre-installed smartphone apps Featured News Aggregation Team Monday, July 07, 2025 1:00 am https://asia.managersofwealth.com/article/76358/korea-launches-investigation-into-pre-installed-smartphone-apps-featured Devices examined in the investigation included Samsung Electronics’ Galaxy and Apple’s iPhone, which identified possible violations by Samsung’s “Studio” app, which provides video editing features. Legal, Regulation & Compliance MAS Proposes to Enhance Product Highlights Sheets and Streamline Framework for Complex Products News Team Thursday, July 03, 2025 1:00 am https://asia.managersofwealth.com/article/76343/mas-proposes-to-enhance-product-highlights-sheets-and-streamline-framework-for-complex-products MAS’ objective is to strengthen the effectiveness of a disclosure-based regime for investors to make informed choices on their own, while requiring an appropriate level of intervention for consumers who need more assistance. Legal, Regulation & Compliance Former wealth manager sentenced to 12 months imprisonment for breaching Court orders News Team Wednesday, July 02, 2025 1:00 am https://asia.managersofwealth.com/article/76333/former-wealth-manager-sentenced-to-12-months-imprisonment-for-breaching-court-orders In addition, Mr Fuoco will never be allowed to be involved in financial services or credit activities, following an undertaking he gave to the Court. Legal, Regulation & Compliance ASIC issues updated guidance for managed investment schemes News Team Tuesday, July 01, 2025 1:00 am https://asia.managersofwealth.com/article/76321/asic-issues-updated-guidance-for-managed-investment-schemes The changes are focused on reflecting consequential changes to the law and legislative relief granted by ASIC since these RGs were last updated. Legal, Regulation & Compliance Revolut Establishes New Global Tech Hub in Manila, Philippines News Aggregation Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76384/revolut-establishes-new-global-tech-hub-in-manila-philippines The establishment of the Manila hub reinforces Revolut’s commitment to the Southeast Asian region and integrates the Philippines into its global growth strategy. FinTech SMFG to Launch AI Venture in Singapore News Aggregation Team Wednesday, July 09, 2025 1:00 am https://asia.managersofwealth.com/article/76374/smfg-to-launch-ai-venture-in-singapore Sumitomo Mitsui Financial Group will establish a new agentic artificial intelligence (AI) solutions company in Singapore FinTech Schroders launches Global Digital Assets Centre of Excellence in Singapore News Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76364/schroders-launches-global-digital-assets-centre-of-excellence-in-singapore It will drive thought leadership and the development of best practice through policymaker engagement and industry collaboration across Schroders globally, and the broader asset management industry. FinTech Insignia finalises 1300 staff transfer to SS&C News Aggregation Team Tuesday, July 08, 2025 1:00 am https://asia.managersofwealth.com/article/76367/insignia-finalises-1300-staff-transfer-to-ssampampc The move follows Insignia severing ties with NAB last November, which meant ceasing the use of the bank's systems and technologies. FinTech Kasikorn Private Banking launches front end tool developed by Synpulse8, empowering Relationship Managers News Team Monday, July 07, 2025 1:00 am https://asia.managersofwealth.com/article/76361/kasikorn-private-banking-launches-front-end-tool-developed-by-synpulse8-empowering-relationship-managers Using the Synpulse8 Wealth Cockpit as a baseline, the KBank Private Banking and Synpulse team delivered a bespoke RM front-end tool to manage the end-to-end Private Banking customer investment journey. FinTech Singapore Fintech Unleashes AI Suite to Power Deep Banking News Aggregation Team Wednesday, July 02, 2025 1:00 am https://asia.managersofwealth.com/article/76331/singapore-fintech-unleashes-ai-suite-to-power-deep-banking With this launch, Moneythor is redefining what it means to bank in the modern era. FinTech CommBank deploys AI-powered bots to fight scams News Aggregation Team Monday, June 30, 2025 1:00 am https://asia.managersofwealth.com/article/76308/commbank-deploys-ai-powered-bots-to-fight-scams The bots engage scammers, gather intelligence, and disrupt scam operations, it said. FinTech Wealthtech Gain Grounds in Singapore Amid Investor Dissatisfaction and Evolving Expectations News Aggregation Team Friday, June 27, 2025 1:00 am https://asia.managersofwealth.com/article/76303/wealthtech-gain-grounds-in-singapore-amid-investor-dissatisfaction-and-evolving-expectations Established financial institutions are ramping up their digitalization efforts, while new wealthtech startups are coming up with innovative products to meet changing customer needs. FinTech Kyndryl launches AI Innovation Lab in Singapore News Aggregation Team Wednesday, June 25, 2025 1:00 am https://asia.managersofwealth.com/article/76287/kyndryl-launches-ai-innovation-lab-in-singapore The Lab will offer responsible enterprise artificial intelligence (AI) solutions with advanced security features across Southeast Asia. FinTech Thailand central bank awards three virtual banking licences News Aggregation Team Wednesday, June 25, 2025 1:00 am https://asia.managersofwealth.com/article/76289/thailand-central-bank-awards-three-virtual-banking-licences These successful applicants were selected from five groups that formally submitted their bids to the central bank. FinTech Praemium announces major client deal to strengthen market-leadership in administration News Team Friday, July 11, 2025 1:00 am https://asia.managersofwealth.com/article/76388/praemium-announces-major-client-deal-to-strengthen-market-leadership-in-administration The appointment underscores the growing demand for premium, scalable administration services that enable wealth management firms to focus on delivering strategic, client-facing advice. Alternative Investments Mirae launches China tech ETF News Aggregation Team Friday, July 11, 2025 1:00 am https://asia.managersofwealth.com/article/76390/mirae-launches-china-tech-etf The Global X ETF tracks the Mirae Asset China Tech Top 30 Index. Alternative Investments Wellington: Asia wealth clients’ interest in hedge funds is rising News Aggregation Team Friday, July 11, 2025 1:00 am https://asia.managersofwealth.com/article/76391/wellington-asia-wealth-clientsamprsquo-interest-in-hedge-funds-is-rising Persistent global uncertainty is boosting demand for alternatives in Asia, according to Wellington’s head of hedge funds, Mark Sullivan. Alternative Investments Nomura Becomes First Financial Institution Selected for Japan Forestry Agency’s Joint Crediting Mechanism Survey Project News Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76379/nomura-becomes-first-financial-institution-selected-for-japan-forestry-agencyamprsquos-joint-crediting-mechanism-survey-project The survey aims to develop new afforestation projects using the Forestry Agency’s Joint Crediting Mechanism (JCM). Alternative Investments Singlife Philippines reaps accolades at Asian Banking & Finance Fintech Awards 2025 News Aggregation Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76383/singlife-philippines-reaps-accolades-at-asian-banking-ampamp-finance-fintech-awards-2025 The company bagged the Customer Experience Solution Award - Philippines, Mobile App Award - Philippines, and New FinTech Product Award - Philippines categories. Alternative Investments Mercer SmartPath returns exceed 12% News Aggregation Team Wednesday, July 09, 2025 1:00 am https://asia.managersofwealth.com/article/76372/mercer-smartpath-returns-exceed-12 Mercer Super chief investment officer Graeme Miller said the results demonstrate consistent growth in members' retirement wealth and showcase the resilience of well-diversified investment portfolios. Alternative Investments AIA Launches GlobalFlexi Savings Insurance Plan Combining Flexibility and Potential Wealth Accumulation to Empower Customers to Achieve Their Aspirations News Team Wednesday, July 09, 2025 1:00 am https://asia.managersofwealth.com/article/76375/aia-launches-globalflexi-savings-insurance-plan-combining-flexibility-and-potential-wealth-accumulation-to-empower-customers-to-achieve-their-aspirations Rooted in Asia for over a century, AIA remains committed to its customer-centric approach Alternative Investments Sun Life upgrades savings insurance with wealth transfer tools News Aggregation Team Monday, July 07, 2025 1:00 am https://asia.managersofwealth.com/article/76357/sun-life-upgrades-savings-insurance-with-wealth-transfer-tools It also introduces a rare multiple Contingent and Interim Policy Owner Arrangement. Alternative Investments Capspace celebrates being named a finalist in the 2025 Australian Wealth Management Awards! News Team Thursday, July 03, 2025 1:00 am https://asia.managersofwealth.com/article/76336/capspace-celebrates-being-named-a-finalist-in-the-2025-australian-wealth-management-awards This multi-layered security approach, combined with short loan durations and active oversight, is what underpins our ability to deliver consistent monthly income to wholesale investors. Alternative Investments Chubb Life Hong Kong Launches Chubb 1792 Club: A New Era in Tailored Wealth Management Services News Team Thursday, July 03, 2025 1:00 am https://asia.managersofwealth.com/article/76340/chubb-life-hong-kong-launches-chubb-1792-club-a-new-era-in-tailored-wealth-management-services With a legacy of excellence, expertise, and a bold vision, Chubb Life HK is meeting rising demand for sophisticated, future-focused financial planning through bespoke legacy and wealth solutions Alternative Investments 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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 OCBC Backs Asia’s Entrepreneurs With Multi-Billion Dollar Bet News Aggregation Team Wednesday, July 09, 2025 1:00 am https://asia.managersofwealth.com/article/76376/ocbc-backs-asiaamprsquos-entrepreneurs-with-multi-billion-dollar-bet More than 1,800 entrepreneurs have already benefited from S$1.5 billion Comment, Analysis & Research Navigating Uncertainty: How Maybank is Positioning for Wealth Leadership Across ASEAN and Beyond News Aggregation Team Monday, July 07, 2025 1:00 am https://asia.managersofwealth.com/article/76353/navigating-uncertainty-how-maybank-is-positioning-for-wealth-leadership-across-asean-and-beyond In this conversation, he shares how Maybank is building a differentiated wealth proposition that speaks directly to this new era of caution, agility, and long-term trust. Comment, Analysis & Research Morgan Stanley’s Christina Au-Yeung: Volatility is an opportunity for trading strategies News Aggregation Team Friday, July 04, 2025 1:00 am https://asia.managersofwealth.com/article/76347/morgan-stanleyamprsquos-christina-au-yeung-volatility-is-an-opportunity-for-trading-strategies Many clients are minded “to stay the course” and seek ways to deploy cash, says Christina Au-Yeung, head of investment management services, Morgan Stanley Private Wealth Management Asia Comment, Analysis & Research Preparing the Next Generation: Succession Strategies for Asia’s Wealth Creators News Aggregation Team Friday, July 04, 2025 1:00 am https://asia.managersofwealth.com/article/76349/preparing-the-next-generation-succession-strategies-for-asiaamprsquos-wealth-creators Practitioners are shifting away from formulaic approaches and instead embracing bespoke, empathy-driven models that reflect the priorities and communication styles of younger beneficiaries. Comment, Analysis & Research Hong Kong must raise its game to attract multifamily-office operators, study says News Aggregation Team Thursday, July 03, 2025 1:00 am https://asia.managersofwealth.com/article/76334/hong-kong-must-raise-its-game-to-attract-multifamily-office-operators-study-says City needs to improve technology, innovation and service quality to further develop as a family-office hub, white paper says Comment, Analysis & Research PwC: Hong Kong Projected to be 2025 IPO Leader News Aggregation Team Thursday, July 03, 2025 1:00 am https://asia.managersofwealth.com/article/76338/pwc-hong-kong-projected-to-be-2025-ipo-leader The IT & telecommunications, healthcare and retail, consumer goods and services sectors are expected to be key market drivers. Comment, Analysis & Research Thailand’s Evolving Wealth Landscape: Generational Shifts, Regional Momentum, and Strategic Adaptation News Aggregation Team Tuesday, July 01, 2025 1:00 am https://asia.managersofwealth.com/article/76324/thailandamprsquos-evolving-wealth-landscape-generational-shifts-regional-momentum-and-strategic-adaptation This shift is being driven by a confluence of global macroeconomic trends, demographic headwinds, digital innovation, and evolving client expectations. Comment, Analysis & Research Singapore’s millionaire inflow to halve in 2025: Report News Aggregation Team Friday, June 27, 2025 1:00 am https://asia.managersofwealth.com/article/76299/singaporeamprsquos-millionaire-inflow-to-halve-in-2025-report This is even as a record 142,000 millionaires worldwide are expected to relocate this year Comment, Analysis & Research Charting the Renminbi’s rise as a global currency News Team Tuesday, June 24, 2025 1:00 am https://asia.managersofwealth.com/article/76276/charting-the-renminbiamprsquos-rise-as-a-global-currency How the renminbi’s growing adoption is reshaping how businesses manage cross-border transactions and diversify funding strategies worldwide. Comment, Analysis & Research Hong Kong aims to overtake Switzerland in wealth management by 2027 News Aggregation Team Tuesday, June 24, 2025 1:00 am https://asia.managersofwealth.com/article/76277/hong-kong-aims-to-overtake-switzerland-in-wealth-management-by-2027 Macao’s neighbouring SAR has the potential to become ‘globally number one’ in wealth management in fewer than two years, according to its financial chief Comment, Analysis & Research China Construction Bank Expands Its Presence in Zurich News Aggregation Team Thursday, July 10, 2025 1:00 am https://asia.managersofwealth.com/article/76381/china-construction-bank-expands-its-presence-in-zurich Since then, the Zurich RMB hub has served as a platform for renminbi-denominated payment transactions — and as a bridge between two of the world’s most important economic regions. Retail Banking DBS, OCBC and UOB Launch First-of-Its-Kind Report to Understand the Potential Financial Implications of Nature-Related Risks News Aggregation Team Wednesday, July 09, 2025 1:00 am https://asia.managersofwealth.com/article/76373/dbs-ocbc-and-uob-launch-first-of-its-kind-report-to-understand-the-potential-financial-implications-of-nature-related-risks It represents an important initial step by the financial sector to raise industry awareness of nature-related risks and build capability to better assess the financial impact of such risks. Retail Banking NAB welcomes Confirmation of Payee News Team Thursday, July 03, 2025 1:00 am https://asia.managersofwealth.com/article/76337/nab-welcomes-confirmation-of-payee Customers making payments with a BSB and account number in the NAB App and Internet Banking will benefit from the technology as it is rolled out at NAB. Retail Banking UnionBank Private Banking Clinches Top Honors in Wealth and Legacy Planning from Global Private Banker News Aggregation Team Wednesday, July 02, 2025 1:00 am https://asia.managersofwealth.com/article/76328/unionbank-private-banking-clinches-top-honors-in-wealth-and-legacy-planning-from-global-private-banker Organized annually, the Global Private Banker Innovation Awards recognize the world’s leading private banks and wealth management institutions that demonstrate outstanding service, innovation, and leadership. Retail Banking JCB has launched contactless subway payment services in Shanghai and Beijing, marking the first such service in mainland China News Team Monday, June 30, 2025 1:00 am https://asia.managersofwealth.com/article/76309/jcb-has-launched-contactless-subway-payment-services-in-shanghai-and-beijing-marking-the-first-such-service-in-mainland-china With this new service, JCB cardmembers can simply tap their contactless payment cards at the subway gates or designated readers to pay for fares quickly and conveniently. Retail Banking Emirates NBD clarifies on DirectRemit: No new fee for money transfers to India, Pakistan, Philippines, Egypt News Aggregation Team Monday, June 30, 2025 1:00 am https://asia.managersofwealth.com/article/76310/emirates-nbd-clarifies-on-directremit-no-new-fee-for-money-transfers-to-india-pakistan-philippines-egypt Dh26 fee applies to non-core corridors, not popular remittance countries: Emirates NBD Retail Banking Standard Chartered's ex-digibank CTO returns to Singapore with insurance giant News Aggregation Team Wednesday, June 11, 2025 1:00 am https://asia.managersofwealth.com/article/76196/standard-charteredamp039s-ex-digibank-cto-returns-to-singapore-with-insurance-giant After leaving Trust Bank, Pountain spent time in both Vietnam and Australia. Retail Banking DBS: First Singapore-Listed Firm to Hit $100 Billion Value News Aggregation Team Tuesday, June 10, 2025 1:00 am https://asia.managersofwealth.com/article/76191/dbs-first-singapore-listed-firm-to-hit-100-billion-value A weaker dollar has allowed DBS to become the first Singapore-listed company to reach a market value of $100 billion. Retail Banking Banking Excellence special report 2025: Asia Pacific charts an AI-ready course News Aggregation Team Friday, June 06, 2025 1:00 am https://asia.managersofwealth.com/article/76174/banking-excellence-special-report-2025-asia-pacific-charts-an-ai-ready-course MEED and RBI’s Banking Excellence Special Report 2025 is now available to download and explores the retail banking transformation across MENA and Asia Pacific Retail Banking HL Bank Singapore holds forum on JS-SEZ cross-border opportunities News Aggregation Team Thursday, June 05, 2025 1:00 am https://asia.managersofwealth.com/article/76164/hl-bank-singapore-holds-forum-on-js-sez-cross-border-opportunities The JS-SEZ is envisioned as a thriving hub for advanced industries and innovation, poised to generate substantial investment, create numerous jobs, and significantly boost trade between Malaysia and Singapore. Retail Banking Hong Kong ranks among the top 3 in global wealth, with the average wealth per adult reaching 4.7mn News Aggregation Team Tuesday, July 01, 2025 1:00 am https://asia.managersofwealth.com/article/76323/hong-kong-ranks-among-the-top-3-in-global-wealth-with-the-average-wealth-per-adult-reaching-47mn Singapore, Taiwan, South Korea, and Japan have also made it to the top 25. Investment Bank Natixis CIB establishes banking branch in Japan News Team Monday, June 23, 2025 1:00 am https://asia.managersofwealth.com/article/76272/natixis-cib-establishes-banking-branch-in-japan Natixis CIB’s banking licensed activities in Japan will further bridge the bank’s globally recognized capabilities Investment Bank Morgan Stanley Names Asia Revenue Target News Aggregation Team Thursday, June 19, 2025 1:00 am https://asia.managersofwealth.com/article/76252/morgan-stanley-names-asia-revenue-target In the first quarter of 2025, it delivered strong revenues once again in the region with $2.35 billion, up 35 percent year-on-year. Investment Bank BOK head cautious over speedy rate cut News Aggregation Team Friday, June 13, 2025 1:00 am https://asia.managersofwealth.com/article/76217/bok-head-cautious-over-speedy-rate-cut Federal Reserve could lead to a wider rate differential between the two countries, with volatility lingering in the foreign exchange market, influenced by tariff uncertainties surrounding key trade partners. Investment Bank Saxo Bank Launches Fractional Shares Trading in Singapore News Aggregation Team Wednesday, June 11, 2025 1:00 am https://asia.managersofwealth.com/article/76198/saxo-bank-launches-fractional-shares-trading-in-singapore The growing popularity of fractional share trading has also drawn the attention of global regulators. Investment Bank JPMorgan Chase sees growth in Asia Pacific private credit market News Aggregation Team Friday, June 06, 2025 1:00 am https://asia.managersofwealth.com/article/76175/jpmorgan-chase-sees-growth-in-asia-pacific-private-credit-market The U.S. bank has been actively building its private credit business in the region since 2019, targeting mid-sized companies without investment-grade ratings but with strong fundamentals Investment Bank Deutsche Securities wins 2024 Forecast Accuracy Award for Japan from Consensus Economics News Team Tuesday, June 03, 2025 1:00 am https://asia.managersofwealth.com/article/76139/deutsche-securities-wins-2024-forecast-accuracy-award-for-japan-from-consensus-economics The bank's Japan Chief Economist, Kentaro Koyama, received the 2024 Forecast Accuracy Award for Japan from Consensus Economics Investment Bank BTG Pactual Considers Revival of Hong Kong Office News Aggregation Team Tuesday, June 03, 2025 1:00 am https://asia.managersofwealth.com/article/76141/btg-pactual-considers-revival-of-hong-kong-office Scandiuzzi visited Hong Kong as part of a roadshow in China last week that saw a delegation of two dozen Brazilian entrepreneurs and family offices touring major cities including Beijing, Shanghai and Shenzhen. Investment Bank Macquarie Authenticator users exceed one million as Australian banking customers demand more secure modes of two-factor authentication News Team Monday, June 02, 2025 1:00 am https://asia.managersofwealth.com/article/76134/macquarie-authenticator-users-exceed-one-million-as-australian-banking-customers-demand-more-secure-modes-of-two-factor-authentication Macquarie Authenticator users receive a notification from the secure app when an attempt is made to log in to their account, make a payment online or change their sensitive account details. Investment Bank Unreasonable Impact announces new roster of ventures for the 2025 Asia Pacific programme News Team Monday, May 19, 2025 1:00 am https://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 How advisers can navigate ESG fund closures News Aggregation Team Tuesday, May 13, 2025 1:00 am https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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 https://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