Investors ‘frustrated’ with Korea’s wild volatility
Asset managers argue fundamentals have not changed despite the violent sell-off in South Korean equities.
Singapore
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Lighthouse Canton launches wealth platform for NRIs
The platform serves both directions of the India capital corridor.
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Indosuez strengthens leadership team in Asia
Muriel Aboud Schirmann and Louis Shen take on senior roles in Singapore.
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MSCI and SGX to launch derivatives indexes for developed and emerging markets
The agreement expands MSCI’s partnership with SGX to cover global and regional equity benchmarks.
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Baillie Gifford names new Singapore client head
Calvin Liew will lead the firm’s next phase of growth in Southeast Asia.
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DBS and Samsung Securities forge wealth management partnership
DBS and Samsung Securities collaborate for wealth management.
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Pictet WM taps UBS for new Asia CIO
Keving Tay is named chief investment officer Asia at Pictet Wealth Management.
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Temasek-backed Clifford Capital raises $345m for blended finance fund
Clifford Capital has raised $345m in aggregate commitments for energy transition related infrastructure investments.
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DBS to launch tokenized physical gold for retail investors
The Singaporean bank said it will offer tokenized gold to retail investors backed by physical gold held in a Singapore vault.
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Bank of Singapore veteran Lim Leong Guan posted to Dubai
Lim will lead the private bank’s expansion into the region’s UHNW market.
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IQ-EQ names head of asset owners for Apac
Wyn James is appointed to the newly created role.
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Schroders builds out wealth team with hiring of family office veteran
Schroders Wealth Management has hired Sharon Sim as head of business development, Asia.
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UOB Private Bank names market head for Greater China
Zhou moves to his new role from UOB China.
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Deutsche Bank Private Bank bolsters its Asia FX platform
Kent Lee and Divik Maheshwari become co-heads of FX advisory.
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Ascend Asia adds three more firms to financial advisory group
Infinity FA, SG Alliance, and PromiseLand will join as member firms.
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DBS sees record wealth management fees
DBS Group said growth in its wealth management business was driven largely by high investment product sales.
