Markets Archives - Page 62 of 192

Family office Tsangs Group opens outpost in Singapore

Tsangs Group has also appointed Daisy Ha as chief executive of the Singapore office.

A sense of optimism surrounds the country’s prospects as it reopens.

JP Morgan Asset Management gets the nod to complete its acquisition of China International Fund Management.

It is only the second asset manager to have both a wholly owned fund management company and a majority-controlled wealth management joint venture.

The UK asset manager shared five investment themes in China that it overweighs in 2023.

No-one is suggesting China is anything but volatile but things are starting to get interesting.

Short-term sentiment has been boosted after the Chinese government announced plans to relax restrictions, said market observers.

The bank plans to establish two more wealth management offices in 2023.

The adjustments will be implemented in about three months time.

Despite the global slowdown in growth, most Asian economies and asset classes will benefit from broader reopening, said the British asset manager.