FOR the Asian wealth management industry, the first half of 2019 was dominated by geo-political events and a constant news cycle of trade related policies, with client activity only picking up markedly in the second quarter.
SUSTAINABLE investing is an investment approach. This approach takes into account environmental, social and governance factors in addition to traditional financial criteria in portfolio selection and management. Today the question has evolved from "Why should I?" to "How do I?".
PHILANTHROPY as we know it is changing. The traditional practice of cheque-giving is making way for the likes of impact investing and venture philanthropy as the wealthy seek newer, more collaborative ways to give back to society - a trend that's especially prevalent amongst the next-gen, who tend to pursue purpose in their endeavours.
IN OUR recent mid-year outlook event held in Singapore in early July, our clients raised and voted on the questions that interested them most. Two popular questions asked were how they could get started in sustainable and impact investing, and what type of products and services are already available. This reflects a growing interest in sustainable investing in Singapore, and Asia more broadly, albeit from a low base.