The firm is targeting both HNWIs and institutions in the mainland.
Category: Markets
Citi’s largest wealth hub opened in Singapore
It wants to hire over 330 relationship managers by 2025.
Amundi BOC JV debuts product in China
The firm plans to launch more products, including “fixed income plus” and mixed-asset strategies.
Singapore telco eyes robo-advisory market
Singtel has inked an agreement with UOB Asset Management.
New fund sales in China set record in Q3
Meanwhile, global investors poured around $14.5bn in funds that invest in the onshore market, particularly in Chinese bonds.
Winton Capital preps tenth onshore quant fund in China
Winton and UBS AM are the only foreign players that have raised assets above the RMB 2bn ($305.8m) mark.
Malaysia’s RHB Bank officially exits Hong Kong
This includes the bank’s asset and wealth management businesses.
Singapore private banks to offer 200 trainee roles
Initiative will provide a ‘sustainable pipeline of job-ready talent’ to the sector
GSAM to launch thematic funds in Singapore
The firm is also expected to roll out two ESG-focused products in the Lion City.
More Chinese companies disclose ESG performance
Even though ESG disclosure is not yet mandatory in the country, according to a Fidelity study.