AGP Executive Report
Last update: 3 hours agoWealth & Trust Expansion: RCBC Trust Corporation is operating as a standalone trust business within the Yuchengco Group, with AUM rising from about PHP 94bn in 2019 to around PHP 230bn by June 2026, driven by wider group distribution and more digital investment access. Advisory Industry Shift: SingCapital CEO Alfred Chia says independent advisers are expanding beyond retirement planning into protection, estate planning, financing and family-office needs, with AI boosting productivity but human judgement still central. Islamic HNW Trends: A new wave of Muslim HNW investors across Southeast Asia is pushing wealth managers to link portfolios with purpose, transparency, stewardship and long-term impact, not just returns. Dispute Resolution Deal: ICSID and KCAB signed a cooperation agreement to expand arbitration, mediation and training, including the option to hold hearings at KCAB facilities in Seoul. Tech & Banking Marketing: Australia passed a “News Bargaining Incentive” law forcing major tech platforms to strike paid deals with local publishers or pay a 2.5% levy tied to local ad revenue. Bond Market Signal: Bloomberg reports AT1 bonds have been far less volatile than high-grade corporate bonds, highlighting a surprising stability in a segment once rocked by major write-down fears. M&A in Community Banking: Pontiac Bancorp agreed to acquire Ottawa Bancorp, merging OSB into Bank of Pontiac, with closing expected in Q1 2027. Global Macro Risk: Analysts warn global sovereign debt could near 100% of GDP by 2029, with higher long-term yields pressuring emerging markets and raising the risk of tighter fiscal space.
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