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apple developer enterprise account for rent:DBS Private Bank targeting more than 50% assets in sustainable investments by 2023


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,SINGAPORE, March 19 - The private banking arm ofSoutheast Asia's largest bank DBS aims to expand itssuite of sustainable investments to more than half of its assetsunder management by 2023. DBS Private Bank will also work with its clients to adoptenvironmental, social and governance (ESG) standards in theirinvestments, it said in a statement on Friday. The private bank aims to have sustainable investmentsaccount for more than half of its assets under management by2023, up from 41% currently, it said. The bank declined toprovide a number for the total assets it manages. The private banking business is part of the broader wealthmanagement unit of DBS, one of the biggest wealth managers inAsia outside China. DBS Wealth's assets at end-2020 were up 7% year on year toS$264 billion. Assets managed by the private bank atend-February were up 12% year on year. Globally, ESG-themed investments are expanding rapidly,driven by rising demand from institutional and retail investors. DBS Private Bank in 2021 plans to launch more than 10products, including exchange-traded funds, mutual funds andprivate equity investments. REUTERS


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