Singapore Archives - Page 29 of 42

VP Bank appoints Asia CEO

Pamela Hsu Phua was previously Pictet Wealth’s head of family office for Asia.

The penalty amount took into consideration the bank’s remediation actions to address deficiencies that were identified by MAS.

JP Morgan Asset Management (JPMAM) registers two green funds for retail investors in the Lion City

They include products managed by the “big names”.

It will have operations in London, Geneva and Singapore.

Sustainable assets now account for 41% of the private bank’s AUM.

The portfolios are comprised of funds managed by JP Morgan AM, Natixis IM’s Mirova, Pimco, Schroders and UOB Asset Management-Robeco.

Launched in October, the ESG product alone raised $512m.

Selected asset managers will designate the Lion City as their sustainability hub in Asia-Pacific.

The firm rolled out its Luxembourg funds platform in 2019, but the strategies have only been available to professional investors.