Awards for Distinction 2021

Welcome to the Asian Private Banker Awards for Distinction 2021.

Since 2011, the Awards have set the benchmark for excellence in private wealth management in the Asia Pacific region. And just as the industry has evolved drastically over these years, so have the Awards, which now more than ever are recognised for the independence and rigour of the adjudication process, the calibre of participating institutions, and the global recognition they bring.

Timeline

* Any written submissions received after 12 November 2021 are not guaranteed to have an appropriate time slot with the judging panel for a live pitch. We therefore strongly urge all written pitches to be received by 12 November 2021 in order to guarantee a live pitch slot.

Judging Panel

The Awards for Distinction are judged by members of Asian Private Banker’s editorial team and chaired by Daniel Shane, editor.

  • Daniel Shane
    Editor
  • Alice So
    Assignment Manager, Senior Reporter
  • Lorretta Chen
    Senior Reporter

Today, the editorial team is the most connected bureau of journalists covering private banking and wealth management in the Asia Pacific region.

Submission Guidelines & Fact Sheets

To be considered for an award, your institution is required to submit a category-specific entry in line with the procedures and criteria outlined in the Submission Guidelines, notwithstanding a few exceptions. Awards for individual persons do not require formal entries, although input is welcome from the industry.

Furthermore, the following categories require participating organisations to provide a completed fact sheet as part of the submission:

  1. Whole of Business & Market
  2. CIO Office
  3. Equity Advisory, Fixed Income Advisory, FX Advisory
  4. Fund Advisory, Alternative Advisory
  5. Credit Advisory
  6. Discretionary Portfolio Management

Each fact sheet can be printed and filled out or completed digitally.

Confidentiality
Asian Private Banker understands and respects participants’ confidentiality requirements and takes information security seriously. Access to submission materials is limited to the Judging Panel and strict measures are in place to ensure the security of physical and electronic materials.

Because the accuracy and success of the Awards for Distinction programme are in large part due to the transparency of participants, the Judging Panel is prepared to sign non-disclosure agreements upon request.

Categories

Whole of Business and Individual Awards

  1. Best Private Bank – Asia Pacific
  2. Best Private Bank – Pure Play
  3. Best Private Bank – Integrated Platform
  4. Best Independent Wealth Manager – Asia Pacific
  5. Best Private Bank – Asia Pacific HNW
  6. Best Private Bank – Asia Pacific UHNW
  7. Best Private Bank – Global Indians
  8. Best Private Bank – Wealth Continuum
  9. Private Banker of the Year
  10. COO of the Year

Market Segment Awards

  1. Best Private Bank – Hong Kong
  2. Best Private Bank – Singapore
  3. Best Independent Wealth Manager – China
  4. Best Private Bank – South Asia
  5. Best Private Bank – North Asia
  6. Best Domestic Private Bank – China
  7. Best Domestic Private Bank – Taiwan
  8. Best Domestic Private Bank – Korea
  1. Best Domestic Private Bank – India
  2. Best Domestic Private Bank – Australia
  3. Best Domestic Private Bank – Thailand
  4. Best Domestic Private Bank – Philippines
  5. Best Domestic Private Bank – Malaysia
  6. Best Domestic Private Bank – Japan
  7. Best Domestic Private Bank – Indonesia
  8. Best Domestic Independent Wealth Manager – India

 

Service Awards

  1. Best Private Bank – Client Experience
  2. Best Private Bank – Wealth Planning Services
  3. Best Independent Wealth Manager – Wealth Planning Services
  4. Best Private Bank – Intermediary Services
  5. Best Private Bank – Family Office Services
  6. Best Private Bank – Next Generation Services
  7. Best Global Private Bank – Digital Innovation and Services
  8. Best Domestic Private Bank – Digital Innovation and Services

Investment & Content Awards

  1. Best Private Bank – CIO Office
  2. Best Private Bank – Discretionary Portfolio Management
  3. Best Independent Wealth Manager – Discretionary Portfolio Management
  4. Best Private Bank – Investment Advisory
  5. Best Private Bank – Fund Advisory
  6. Best Private Bank – Equity Advisory
  7. Best Private Bank – Fixed Income Advisory
  8. Best Private Bank – FX Advisory
  9. Best Private Bank – Alternative Advisory
  10. Best Private Bank – Credit Advisory
  11. Best Independent Wealth Manager – Investment Advisory
  12. Best Private Bank – Sustainable Investments

 

Frequently Asked Questions

Q: Is my institution required to submit an entry to be considered for an award?
A: Yes. To be considered for an award, your institution is required to submit a category-specific entry in line with the procedures and criteria outlined in this document, notwithstanding a few exceptions. Awards for individual persons do not require formal entries, although input is welcome from the industry. Furthermore, some awards require participating organisations to provide a completed fact sheet as part of the submission.

Q: Where can I find the fact sheets for the categories that require them?
A: The fact sheets will be available on the Awards section of www.asianprivatebanker.com from 11 Oct 2021 onwards.

Q: Is an in-person pitch necessary to be considered for an award or is an electronic/physical submission sufficient?
A: Past experience has shown that in-person (or video conference) pitches that supplement entries are invaluable for all parties involved, insofar as they provide an opportunity to discuss the finer points of a submission on a background basis.

Q: Can my institution pitch for multiple awards at the same time?
A: While an individual submission is required for each category, participants may pitch for multiple awards during a single session for the sake of convenience.

Q: How closely does the Judging Panel apply category criteria and weightings?
A: The criteria establish the framework for adjudication. We recognise that, in some cases, participants may be unable to provide some information requested. Therefore, this year, we have reduced our emphasis on absolute numbers and increased our emphasis on relative (e.g. year-on-year) indicators. At the same time, the more relevant and detailed the information we receive, the more informed our decision will be.

Q: What is the time period under consideration?
A: The timing of the Awards means we are unable to consider performance over a full calendar year (1 January – 31 December). Instead, we ask for year-to-date information with some guidance on the remaining months.

Q: Does an institution’s size affect its chances of winning an award?
A: No. The criteria has been carefully designed to mitigate scale-based bias. We recognise that for a number of categories, larger institutions may have at their disposal resources and budgets that smaller institutions do not. However, the Judging Panel, in making its decisions, prioritises quality and sustainable growth in the context of an institution’s proposition and niche within a 12-month window.

Q: What language can I submit in?
A: Where possible, please submit in English. If you would prefer to submit in another language, please contact awards@asianprivatebanker.com before doing so to discuss arrangements.

Q: Is there a submission fee?
A: No.

Q: Are deadline extensions possible if my institution requires extra time to make a submission?
A: No. Due to the overwhelming number of entries we receive each year, deadlines will be strictly observed. However, if we are unable to facilitate your request for a pitching session due to scheduling conflicts, please contact awards@asianprivatebanker.com at your earliest convenience to discuss alternative arrangements.

Q: When will the winners be announced?
A: Formal announcements will be made over the week of 10 January 2022. Winners will be notified ahead of time on an embargoed basis.

Q: When is the Awards for Distinction Gala Dinner?
A: The Awards for Distinction Gala Dinner date and location is TBC.

Contact Us

If you have any awards-related enquiries, please contact us via awards@asianprivatebanker.com or dial +852 2529 1004.

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