The announcement was part of six climate finance commitments made by British International Investment at the ongoing UN climate change conference, known as COP28, in Dubai.
Traditional asset allocation patterns, heavily tilted towards assets such as property, could change as wealth transfers to the next generation of wealthy Thai families, says a top investment executive at a single family office.
Karen Tan, head of investment solutions and managed solutions, Asia, at Pictet Wealth Management discusses current selection trends and how client preferences have evolved in recent months.
Despite waning global sentiment brought on by geo-political uncertainties and tightening monetary policy in developed markets, India’s PE-VC ecosystem remains resilient, according to the top executive at an Indian pension manager.
The Temasek unit believes nature-based solutions are a critical lever in becoming carbon-neutral and focuses on companies and projects that are looking to scale up globally.
Pension funds have been actively considering sovereign green bonds issued by the Indian government, according to the CEO of India's HDFC Pension Management Company.
Singapore's growing emphasis on carbon credits, transition finance and blended finance holds great appeal for one of the world's biggest environment-focused asset owners.
Hong Kong's Financial Leaders Investment Summit held on Nov 7-8 boasted close to 60 speakers and moderators, of which only seven were women. Finance is still very much a man's world, it seems.
The sustained pace of central bank purchases is unexpected and the trend could continue in the months ahead amid growing geopolitical tensions and a clouded economic outlook, said experts.
India's inclusion in a widely tracked emerging market debt index suite will also bolster the local currency's value against the US dollar, said HDFC Pension Fund Management's Sriram Iyer.
Few investable products and persistent hesitancy by private investors is creating a mismatch between commitments and deployment of catalytic capital, noted a senior Asia executive at the world-renowned foundation.
The chairman of the Hong Kong-based family foundation is advocating a style of philanthropy that he calls 'moonshot' to fund innovative ideas that haven't yet become mainstream.