The China asset manager plans to use the city-state financial hub to grow its business in Southeast Asia.
Category: Markets
Money market flows rise in Hong Kong
Investors in Hong Kong are putting capital into money market funds, although total AUM of the products remains relatively low, according to Fitch Ratings.
First State brings new funds to Hong Kong
After its retail fund push in Singapore, the firm has registered two products for retail sale in Hong Kong.
JP Morgan PB opens trust business in Singapore
The trust company will help wealth administration and succession planning for JP Morgan Private Bank’s clients in Asia.
Chinese wealth manager sets up in Hong Kong
A Beijing-based firm has joined other Chinese wealth managers which have expanded offshore.
Janus Henderson joins income bandwagon in Singapore
Products that provide regular income streams to investors have become popular in the Lion City this year.
Billions leave Hong Kong, Goldman says
Goldman Sachs claims that around $4bn was moved from Hong Kong to Singapore.
ASI launches its first FMP in Singapore
Aberdeen Standard Investment is the latest asset manager to sell a fixed maturity product (FMP), generating income through allocations to emerging market bonds.
Phatra WM eyes Thailand’s self-managed wealth
Assets of Thailand’s do-it-yourself investors exceed that of clients in the private bank system, according to the head of wealth management at Phatra Wealth Management.
Taiwan rewards overseas managers
Invesco, UBS Asset Management and NN Investment Partners are the three new beneficiaries of Taiwan’s incentive scheme, while Eastspring fails to make the list this year.