The decision was reportedly made as UBS, which is in the process of acquiring Credit Suisse, already has a locally incorporated bank in China.

The decision was reportedly made as UBS, which is in the process of acquiring Credit Suisse, already has a locally incorporated bank in China.
As part of a new initiative, FSA is talking to market participants about key trends that shape fund selection. This week Daniel Hurley, portfolio specialist for emerging markets and Japanese equities at T Rowe Price, outlines the case for Japanese equities.
This week FSA presents a quick comparison of two Infrastructure equity products: BNY Mellon and Morgan Stanley.
The pair have jointly acquired an Indonesian asset management firm.
Masato Sunaga was most recently with Morgan Stanley Investment Management.
The acquisition follows on the heels of a successful partnership between the two firms in the Japanese small cap space.
A key contributor to this year’s figure was the S$710.87m in net subscriptions received under fixed income.
Gary Chan joins from Mirae Asset (Hong Kong).
Anthonia Hui and Leonardo Drago, co-founders of ALWP, will head up the Singaporean business.
Marc Kermaidic succeeds Long Doan, who will take up a new role within BNP Paribas.
Part of the Mark Allen Group.