The UK’s New City Initiative intends to push for the new Singapore-domiciled fund structure.
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The UK’s New City Initiative intends to push for the new Singapore-domiciled fund structure.
The firm is seeking to hire key business and investment officers who will be based in the country.
The firm joins other managers who have launched several themed products this year.
The cannabis and uranium sectors have underperformed and ETFs focused on these themes can be value plays, Kristal AI says.
The China asset manager plans to use the city-state financial hub to grow its business in Southeast Asia.
Investors in Hong Kong are putting capital into money market funds, although total AUM of the products remains relatively low, according to Fitch Ratings.
After its retail fund push in Singapore, the firm has registered two products for retail sale in Hong Kong.
The trust company will help wealth administration and succession planning for JP Morgan Private Bank’s clients in Asia.
A Beijing-based firm has joined other Chinese wealth managers which have expanded offshore.
Products that provide regular income streams to investors have become popular in the Lion City this year.
Part of the Mark Allen Group.