The Wealthtech and digital wealth management sectors in ASEAN are set for significant growth and innovation with the introduction of upcoming passporting regulations. Progressing regulatory landscape in Southeast Asia To promote cross-border investment and streamline regulatory processes across the Asia-Pacific, two key initiatives have been launched to expand investment opportunities and simplify fund distribution among participating countries: the ASEAN Collective Investment Schemes (CIS) Framework and the APEC Asia Region Funds Passport. Let’s take a closer look at these two regulatory proposals. 1. ASEAN Collective Investment Schemes (CIS) Framework The ASEAN CIS Framework aims to allow qualifying fund managers from one…
Author: Urs Bolt, WealthTech Expert, Philippines
Author
Urs Bolt, WealthTech Expert, Philippines
35+ years experience in wealth management, investment banking and technology businesses. His current focus is to help private individuals on their path to financial wellbeing. In addition, I advise financial service providers and tech companies to review/refocus business strategies, advise on strategic projects, develop solutions and markets, and build business partnerships. Urs is active as a speaker, moderator, micro-blogger, lecturer and author; recognised as a global opinion leader in FinTech, digital banking, wealth management and WealthTech.
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Cebu, a vibrant province in the Philippines, is a unique blend of urban excitement and stunning natural landscapes. Known for its rich history, cultural heritage, and economic significance, Cebu offers expatriates and retirees an appealing lifestyle. Cebu: An Overview Cebu is situated in the central Visayas region and is one of the country’s most populous provinces. It boasts a diverse landscape, from bustling city life in Cebu City to serene beaches and lush mountains. Historically, Cebu is the site of the first Spanish settlement in the Philippines, established in 1565 by Miguel López de Legazpi. The province has a rich…
Understand how the socio-demographics, growth resilience, and evolving financial literacy in the Philippines are shaping its diverse and resilient economic landscape. A research article titled “The Financial Life of Filipinos: Insights into Wealth Distribution and Financial Literacy in the Philippines” provides a comprehensive analysis of the financial landscape in the Philippines, focusing on wealth distribution, financial literacy, and the path towards inclusive financial services. This summary highlights the key findings, discusses the state of financial literacy, and outlines recommendations for creating a more inclusive financial environment in the country. Key Findings The article reveals a complex picture of wealth distribution…
As we delve into the transformative landscape of WealthTech and Wealth Management, a keen focus on the geopolitical dynamics and technological advancements is essential for investors and industry players alike. Let’s explore the key trends shaping the WealthTech industry in 2024, with a special focus on Southeast Asia. Geopolitical Dynamics In the Global South, including in some countries in Southeast Asia, a notable divergence from Western practices is observed. Geopolitical escalations can pose challenges within supply chains, introducing complexity to investment strategies. Investors must navigate this evolving landscape with a strategic approach, considering the impact of global events on their…