While impact investing gains traction among Asia's wealthy families, the Lo Kwee Seong Foundation is charting a different course, placing a clear distinction between business returns and charitable giving at the core of its philosophy.
As impact investing goes from niche to mainstream, the region's family offices are positioned as ideal engines to power this transition and tackle the negative image trap holding back innovation thanks to their patient capital and local expertise.
The Hong Kong-based firm structures its impact portfolio with two-thirds in traditional private equity-style investments and the remainder in subsidised, high-risk assets designed to build out strategic ecosystems.
Mahesh Harilela argues for active participation in transformative sectors beyond wealth preservation, advocating for regional startup support to tackle unique Asian challenges from AI for multilingual populations to sustainable energy solutions.
New tax concessions and virtual asset initiatives aim to strengthen Hong Kong's position as it competes with Singapore for dominance in global wealth management.
Insurance industry leaders from YF Life, China Life and Churchill Asset Management share their insights on the potential risks and the importance of manager selection and organisational alignment.
The controversial mechanism within Hong Kong's Mandatory Provident Fund scheme is to be removed by 2024. This is seen as good news for pension savers and asset managers.
The biggest Chinese private bank aims to greatly increase its Hong Kong relationship managers, but a senior executive admits achieving this goal will be very challenging.
The city's funds association has tabled proposals which would see savers offered tax incentives and cash rebates in return for higher levels of pension contributions. But the plans face a sceptical public.