The Rise Of South East Asia's Affluent
The ASEAN Economic Community is in the process of establishing a single market in the region, including financial services liberalisation. This entails the gradual removal of restrictions on ASEAN banks, insurance companies or investment companies in providing financial services in other member states, with the aim to have free flow of financial services by 2020.
What are the components of a good wealth management offering, and what does it take to be profitable in this industry? How are countries such as Singapore, Malaysia, Indonesia and the Philippines developing as onshore wealth management centres? What are the benefits for ASEAN member states of engaging in regional financial integration? What will the crossborder selling of mutual funds and other investment products mean for business growth across the region? How will enhanced interaction and collaboration between member nations impact the regulatory landscape? And what can international financial centres further afield offer clients in Asia that they cannot enjoy in their home and neighbouring jurisdictions?
The Financial Times, in collaboration with Labuan International Business and Financial Centre (Labuan IBFC), will gather policy makers, regulators, and C-level representatives from private banks, asset managers and family offices – as well as product manufacturers, technology leaders and consultants – to debate these issues at the second annual ASEAN Wealth Management Summit.
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Category: Conferences | Business & Economics | Finance
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