Citibank (M) Berhad has entered into an agreement with CIMB-Principal Asset Management Malaysia‚ becoming the first foreign bank in the country to distribute private retirement scheme solutions.
Author Archives: Fund Selector Asia
Standard Life sets up Asia advisory board
Standard Life has established an Asia advisory board to provide guidance and advice on its strategy to grow across the region.
Singapore’s Javelin acquires fund manager
Javelin Wealth Management, a Singapore advisory firm founded nine years ago by expat Briton Stephen Davies, is to acquire the fund management business of Binjai Hill Asset Management (BHAM), a local asset manager, as it looks to increase its service offering.
Manulife holdings completes Maakl mutual buy
Manulife Holdings Berhad‚ a part of Canada-based Manulife Financial has completed the acquisition of MAAKL Mutual Bhd following the receipt of regulatory approval.
Alternatives steadily luring cash from institutions
Investor appetite for alternative investments has steadily increased over the past few years, led by greater allocation towards the asset class by institutions, according to new research.
Ashmore granted licence to invest in China market
Ashmore has become the first fund manager outside of Hong Kong to receive a licence which will allow it to invest in Chinas domestic securities market.
Thailand plans to become regional investment hub
The Securities and Exchange Commission in Thailand has laid out a strategic plan with the aim of transforming it into a regional investment hub.
Nomura to buy ING Asset Management Taiwan
Nomura Asset Management Company is to acquire ING Groups asset management operations in Taiwan, making it the first Japanese asset manager to operate there.
SEC proposes review of investment rules for funds
The Securities and Exchange Commission in Thailand is to review its investment rules pertaining to funds.
BNY Mellon in tie-up with nine managers
BNY Mellon has partnered with nine global asset managers for its separately managed account services catering to high net worth individuals in Singapore and Hong Kong.
