Markets Archives - Page 148 of 189

Singapore multi-FO expands with two hires

Golden Equator Wealth plans to expand its client base outside of Asia.

The wealth manager also believes that China’s imposition of a national security law will not degrade Hong Kong’s role as a regional financial hub.

In a move that signals optimism, the firm joins several others in readying multiple funds for sale to retail investors.

Investment grade bonds can be utilised as a defensive asset and they have a better yield than money market funds, according to the firm.

Even foreign players have opened accounts with online fund platforms for selling investment products direct to investors.

Natixis affiliates, Fullerton Fund Management and HSBC have products in the regulatory pipeline.

Strong net fund inflows in China belied the trend elsewhere in Apac during the first three months of 2020, says a Broadridge report.

The firm believes mobile game growth will accelerate, driven by Asia.

Aqumon now has several B2B partners, including CMB Wing Lung Bank and insurance firm AIA.

The asset management arm of the Singapore-based bank will promote a consumption-related A-shares fund to retail investors.