Singapore Archives - Page 39 of 44

Singapore robo rolls out second Reit portfolio

Reits continue to be a popular asset class in the Lion City.

At least seven mixed-asset products have been launched in the Lion City since 2019.

Several other fund managers are also expected to roll-out products in the Lion City.

The issuance of the capital market services licence by the Monetary Authority for Singapore (MAS) is a further step in the mainland firm’s expansion.

Allianz GI is the latest to join the trend of launching income-generating mixed-asset portfolios that have Reits as a key component.

Raffles Family Office expects to more than double AUM this year, even after putting mainland plans on hold.

Separately, a number of Asia-based robo-advisory firms have already partnered with banks in the region.

The fund, run in partnership with American Century Investments, will be guided by UN sustainable development goals.

Although general sentiment is pessimistic, JP Morgan Asset Management is awaiting approval to sell two funds to retail investors.

Separately, JP Morgan AM brought a hedge fund with ESG factors to the region.