Who's Who In Private Banking (Feb 2020)
THE first trust in history is said to date back to the 12th century crusades in England, when landowners left to fight and conveyed ownership of their land to others to manage in their absence.
THE world is changing at an ever-accelerating rate, becoming more complex and less structured as the digital economy enables the creation of new companies and business models that disrupt traditional industries.
THERE is a huge, untapped market opportunity in Asia, driven by under-served populations. Today, there are over one billion people in Asia who live in poverty. Yet, they are already spending over US$2 trillion annually on basic goods and services such as food, housing, clothing and telecommunications. And poverty levels across Asian countries have been declining in the recent years, with income levels of the poor in Asia expected to increase significantly over the next decade.
RISING sea levels could submerge much of Bangkok, Shanghai, Ho Chi Minh City, Jakarta and Mumbai by 2050, according to new research from Climate Central, a US-based non-profit group. The paper claims southern Vietnam may all but disappear, and 10 per cent of Thailand's population now lives on land that will be underwater by mid-century. The displaced may number in the hundreds of millions.
AS we embark on a new decade, we face the prospect of peak globalisation and the peak effectiveness of monetary policy. How should investors think about these twin peaks?
EXPECTATIONS of environmental sustainability are now extending beyond multinationals to include their suppliers. The result is smaller players, like many Singaporean family-owned businesses, need to adapt or face removal from the supply chain. But change is easier said than done.