Markets Archives - Page 132 of 192

iFast’s AUA continue to rise

The Singapore-based fintech wealth management platform had a record value of products in custody last year, led by unit trust sales.

Reduced management fees and increased trailer fees have prompted the regulator to review the rules on managers’ business operations.

Assets of the bank’s fund management businesses breached the Ps 1trn ($20.7bn) mark last year.

The acquisition will include clients and relationship management teams.

He was convicted of graft, corruption and bigamy.

Just after it set up its private fund management business last year.

Separately, foreign managers have shown interest in selling ESG funds in the mainland.

The fund was one of the best-selling technology products in Hong Kong and Singapore last year.

When approved, the firm will have four products distributed under the MRF scheme.

Separately, UBS Asset Management’s Shanghai-based WFOE also received approval to launch another onshore product.