The China asset manager plans to use the city-state financial hub to grow its business in Southeast Asia.

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.
Goldman Sachs claims that around $4bn was moved from Hong Kong to Singapore.
Aberdeen Standard Investment is the latest asset manager to sell a fixed maturity product (FMP), generating income through allocations to emerging market bonds.
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.
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.
Part of the Mark Allen Group.