To some the old school philanthropy model was a simple one, give money, feel good and forget. Thankfully these days that model is redundant.

As today’s philanthropists take up the baton they fully engage in their projects with professionalism and all the rigour of a private equity investment.

For the next two days in Singapore Swiss bank UBS will play host to the UBS Philanthropy Forum Asia. The event will be attended by a highly influential group of close to 200 participants and global speakers including eminent private philanthropists, social entrepreneurs and top business families. Key speakers include:

Peter Lawson-Johnston II, Managing Partner, Guggenheim Partners, USA

Justin Rockefeller, Co-Founder, The ImPact, USA

James Chen, Founder and Trustee, Vision for a Nation; Founder, Adlens, Hong Kong

According to the recent UBS and PwC 2015 report, the average age of Asian billionaires is 57, an age when many begin to consider how to preserve and transfer their wealth. This wealth demographic can trigger a wave of philanthropic giving.

Speaking at a briefing in the Singapore offices of the Swiss bank Josef Stadler, Head Global Ultra High Net Worth, UBS Wealth Management said, "As Asian billionaire families grow in size and complexity, succession planning and the engagement of the second generation are important in establishing a lasting family legacy. Increasingly, philanthropy has been a social cohesive force to successfully transmit the family values across the generations."

Also present a the same briefing Mario Marconi, Head of Philanthropy and Values-based Investing, UBS said: "The focus of giving for today’s philanthropists varies widely, as do their motivations for giving. However what is becoming more and more apparent is that they are looking for measurable results for their philanthropic efforts.

To this end, UBS has a dedicated global team of philanthropy advisory experts who have been collaborating with our clients on all aspects of philanthropy, strategic charitable giving as well as investing with a social impact."

Later this year, UBS will be launching a Singapore presence of the UBS Optimus Foundation. The Optimus Foundation is UBS's professional grant-making foundation which focuses on children education, healthcare and protection. The foundation is funded by donations from UBS's clients and contributions from UBS.