Credit Suisse is targeting the Philippines’ wealth management industry with the establishment of a representative office in the country, according to statement from the firm.
Category: Southeast Asia
Thailand may get bond fund tax
Kasikorn AM’s Benjarong Techamuanvivit gives FSA an update on both Thai regulations and where she sees product demand.
V is for Vietnam, not volatility
Despite the return of market volatility, a Vietnam equity fund managed by JP Morgan Asset Management has soared to the top as best performer, according to data from FE Analytics.
Philippines to see first MSCI Philippine Index fund
Manila-based fund manager Philequity Management plans to launch an index fund that will track the MSCI Philippines Index, according to Miguel Agarao, the firm’s vice president for business development.
Thailand’s foreign fund assets up 15%
Foreign investment funds continue to be popular in Thailand, with assets growing 15% annually to THB 1.17trn ($37bn) in 2017, according to Bank of Thailand’s 2017 financial stability report.
Mirae Asset to establish JV in Vietnam
Korea’s Mirae Asset Global Investments is forming a joint venture with Vietnam’s State Capital Investment Corporation (SCIC), according to local reports.
Report: Thailand’s SCB AM to develop offshore products
Bangkok-based SCB Asset Management, Thailand’s second largest asset manager, is planning to go beyond its range of foreign feeder funds and develop its own actively-managed global funds that invest abroad, according to a local report.
Philippines approves Credit Suisse rep office
Bangko Sentral ng Pilipinas (BSP) has given Credit Suisse a green light to establish a representative office in the Philippines, according to Chuchi Fonacier, the central bank’s deputy governor for supervision and examination.
Credit Suisse applies to set up in the Philippines
Credit Suisse is one of several foreign banks planning to set up representative offices in the Philippines, enabling them to promote their own financial products and services locally.
Philippines aims for Shenzhen stock connect
The Philippine Stock Exchange (PSE) is eyeing a potential partnership with the Shenzhen Stock Exchange while separately, the Asean trading link between regional exchanges has been shut down.
