Wealth (July 2020)

SPOTLIGHT

It starts from the top

HOW sustainable is your portfolio? That isn't typical dinner conversation, but make no mistake: Sustainability is seen as a megatrend among wealth managers.

SUSTAINABILITY is well on its way to becoming a top priority among governments, industry groups, companies and investors. In Asia-Pacific, adoption of the discipline of sustainable investing is reportedly mixed; Japan, Australia, and large institutions lead the way. But wealth managers and investors are catching on.

AT THE HELM

ENTREPRENEUR and tech investor Robert Yap could have been satisfied with his success as a corporate insider. With a fortuitous combination of IT smarts, financial acumen and a genial personality, he rose through the ranks into the C-suite in companies such as PSA International and the DFS Group.

ROUNDTABLE

Sustainability has risen to even more prominence since the onset of Covid-19. To date, sustainable funds - or those managed with an ESG (environmental, social, governance) discipline - have outperformed. Is this a megatrend with legs? We ask our panel of experts.

BUSINESS FAMILY INSIGHTS

THAT Ankesh Shahra chose the field of agri-business to carve an entrepreneurial path for himself is perhaps not surprising. Mr Shahra is the third generation member of the family that founded Indian conglomerate Ruchi Group, which itself has its roots in agribusiness. But he has traversed well beyond his original intent of setting up a logistics fulfilment base for the global agri-commodities market.

TRUSTED ADVISER

SUSTAINABILITY has emerged as one of the most powerful trends in the investment world as investors wake up to the pressing need to address environmental ills, and social and governance issues. Lapses on those dimensions pose potentially costly and long-tail risks for investors.

LEGAL VANTAGE

ENVIRONMENTAL, social and governance, also known as ESG, are big words that used to scare some, but now appeal to asset owners, managers and investors alike.