The Lion City will be the asset manager’s Southeast Asia hub.
Category: Singapore
Half of new jobs in Singapore’s finance sector are in tech
This is followed by private banking and wealth management roles.
Fidelity rides on 5G theme
The firm changed the strategy of its global communications offering, which is expected to roll out in Singapore.
OCBC launches first tech ETF in Singapore
The IPO of the Lion-OCBC Securities Hang Seng TECH ETF began yesterday, after receiving Monetary Authority of Singapore (MAS) authorisation earlier this month.
FSA people moves (18 Nov – 24 Nov)
Indosuez makes two HK hires; Natixis IM names new Taiwan GM; Vontobel AM expands intermediary team; GAM hires from BOC; and more…
MAS fines increase by 68%
Products mis-selling, breaches of business conduct rules and serious impropriety most investigated.
Invesco manager avoids Southeast Asia equities
Digitalisation, premiumisation, experience, urbanisation and wellness are driving the Asia consumption story.
CSOP AM’s CGB ETF becomes largest in Singapore
The inflows were driven mostly from institutions in Asia, as well as the US, according to the firm.
Italy’s Azimut, Singapore’s APS add more PFM funds
In total, around 30 foreign managers have launched at least 90 PFM funds in the mainland.
41% of Singaporeans have no financial plan: report
A majority of retail clients in the Lion City will change strategies within a week of a market downturn, according to a report published by St James’s Place.
