Nvidia signs MoU with Apollo, Blackstone, BlackRock and others for $500bn infrastructure financing
The world’s largest asset managers will raise $500bn in third-party capital to build “AI factories”.
Infinity FA, SG Alliance, and PromiseLand will join as member firms.
DBS Group said growth in its wealth management business was driven largely by high investment product sales.
BlackRock has received approval from the Monetary Authority of Singapore (MAS) to launch the fund as part of the MAS Equity Market Development Programme (EQDP).
The Amova Singapore Dividend Equity fund will focus on local companies providing sustainable dividend growth.
Wealthy, young Singaporeans favour ETFs, crypto and individual stocks.
The $5bn fund is the first Federated Hermes strategy to receive retail registration in Asia Pacific.
Singapore’s equity market resurgence is the start of a multi-year journey, according to investment managers at Fullerton Fund Management.
The Growth Equity Strategies Team at Loomis Sayles, an affiliate of Natixis Investment Managers, demonstrates that patience, discipline and conviction result in consistent, peer-leading risk-adjusted compounding over cycles.
The Growth Equity Strategies Team at Loomis Sayles, an affiliate of Natixis Investment Managers, demonstrates that patience, discipline and conviction result in consistent, peer-leading risk-adjusted compounding over cycles.
The Bank of Singapore survey found that independent asset managers are also looking at strategic partnerships.
The Equity Alpha active ETF targets an annual alpha of 0.5% to 1.0%.
The AI IPO fund aims to accelerate the region’s AI ecosystem, and give DBS wealth clients exclusive access to IPOs of AI-driven companies in Asia
It marks one of the largest digital infrastructure transactions in Southeast Asia.