【CFA Japan Seminar Announcement】
Title: Asset & Wealth Management 2025 - The Asian Awakening
Date: July 9th (Tuesday), 2019, 18:30-20:00
Venue: Conference A, Otemachi Place Conference Center, 1st Floor, Otemachi Place, 2-3-1 Otemachi, Chiyoda-ku, Tokyo
※Please note the seminar venue is NOT FINE TOKYO at this time. Otemachi Place is 1 minute walk from A5 Exit of Otemachi Station of Tokyo Metro Subway.
*Otemachi Place is a new building that is 1 minute walk to cross the street from FINE TOKYO.
Specialty Focus Areas: Private Wealth Management, Investment Products & Asset Classes (CE credit eligible)
Speaker: Mr. Armin Choksey (Asian Investment Fund Centre Leader, PwC Singapore)
Mr. Justin Ong (Asia Pacific Asset & Wealth Management Leader, PwC Singapore)
Fee: CFA Japan Members, CFA Members of other societies, Associate Members, Professional Members：Free, Candidate Non Members: JPY 2,000, Non-members: JPY 3,000
The Asia Pacific asset and wealth management landscape has undergone tremendous transformation in recent years. With the emergence of regional and global wealth centres, asset management industries are developing across the entire region with the purpose to link the disparate markets through various cross-border and fund passporting initiatives. We are also seeing developments to bring a greater range of investment products to investors, and regulators are taking heed of neighbouring developments, particularly in FinTech and crypto-currencies. These changes are leading local, regional and global asset and wealth managers to reassess their operations with one goal in mind: Getting ahead in a complex world.
The Asia Pacific asset and wealth management industry is expected to be the centre for global AuM growth in the coming years. We invite you to join us and find out what will be the drivers of change in reshaping the landscape of the industry, what are the key transforming trends and foundations for future-fit operating models and more.
Mr. Armin Choksey (PwC's Asian Investment Fund Centre and Market Research leader
PwC Singapore – Partner)
Armin has worked in a multi-national asset management sphere. Starting his career in India then traveling across United States of America, Luxembourg, and now Singapore. Armin has over 20 years asset management industry experience starting off with audits of investment funds under US and International auditing standards, along with knowledge of Indian, Hong Kong, Canadian, US, Luxembourg and International Financial Reporting Standards relevant to funds industry.
Armin leads PwC's Asian Investment Fund Centre and its Asia Pacific Asset and Wealth Management Research Institute based in Singapore. His key areas of focus include: market entry, funds distribution strategies, operational due diligence, target operating model, product development, policy initiatives , product rationalisation and operational efficiency of the asset and wealth management business.
The Asian Investment Fund Centre constitutes a centre of excellence for asset & wealth management cross border services that is head quartered in Singapore. Armin also leads the PwC Asset & Wealth Management Market Research Centre which is a multi-purpose entity composed of analysts, experts and economists who assist clients in their decision making by providing sectorial studies, projections, macroeconomic forecasts and survey analysis with a focus on the financial services industry. The research centre is constituted under Singapore's Economic Development Board's incentive schemes.
Armin is the project leader of a new legal entity type legislation to be introduced in Singapore – Singapore Variable Capital Company (S-VACC). Armin was the main author of the white paper to the Monetary Authority of Singapore (MAS) to introduce "Open-ended Investment Company" law in Singapore. This white paper led to a conducted a detailed study on the feasibility of introducing such a legal entity form in Singapore.
Armin is also the co-chair of the Asia Pacific Financial Forum's – Asia Region Funds Passport working group. He is also a committee member of Singapore Fund Adminstrator Association.
Mr. Justin Ong (Asia Pacific Leader – Asset & Wealth Management)
Justin is the PwC Asset & Wealth Management Leader for Asia-Pacific and has more than 26 years of experience in working with asset managers in Singapore, London and Continental Europe. Between 2010 and 2012, he spent two years in Luxembourg advising Asian asset managers on market entry and fund distribution in Europe, with a focus on UCITS funds and regulatory compliance matters, as well as European managers and asset servicers around opportunities in Asia.
As part of his Asia-Pacific role, Justin is a member of PwC's Global Asset & Wealth Management Leadership Team, which is responsible for overseeing the PwC global asset and wealth management practice in terms of growth, strategy, talent, thought leadership and assurance on all services provided to the industry. He is one of the co-authors of the PwC Asset Management 2020, 2025 and Asia 2025 reports, which looks at the future of asset management and the impact of megatrends and gamechangers shifting the industry globally and in Asia.
Justin was also the lead partner engaged by the Monetary Authority of Singapore in 2015 to conduct a legal study on the application of an Open Ended Investment Company framework for Singapore, which culminated in the recent enactment of the Singapore Variable Capital Company Act in November 2018.
Justin is a holder of the Investment Management Certificate (IMRO Full Version), Institute of Investment Management and Research (UK). He is also a Chartered Accountant, Institute of Singapore Chartered Accountants and Certified Practising Accountant (CPA), Australian Society of Institute of Certified Practising Accountants.