All the new appointments are seasoned professionals, located across Hong Kong and Singapore
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All the new appointments are seasoned professionals, located across Hong Kong and Singapore
The wealth management enterprise has named Kevin Teng as CEO of Wrise WMin Singapore, with Joel Tan and Megan Zhang becoming co-chiefs Wrise in Hong Kong.
The Monetary Authority of Singapore continues to offer incentives and a streamlined regime to encourage more single family offices to set up local operations.
The addition of seven seasoned professionals will allow the Swiss private bank to strengthen its presence in key growth segments within the region.
Karan Choksey and Rahul Dutta Chowdhury have joined the Swiss bank with immediate effect to cover the non-resident Indian clients.
The private bank is targeting an increase in AUM to $145 billion and growth in its team of RMs to 500 by end 2025.
The fund aims to provide flexible financing solutions to underserved core and lower middle-market companies across the region.
The Monetary Authority of Singapore will soon expand its industry pilot initiative to include three new asset classes.
The announcement, which is said to be made next month, will also allow family offices to benefit from making contributions to blended finance.
The new fund will invest primarily in China A-shares, and equity securities of mainland Chinese companies listed on the local bourse, as part of its objective of long-term capital appreciation.
Part of the Mark Allen Group.