As interest rates fall or go negative, Aberdeen Standard Investments is testing the water in Singapore with a high risk fund that yields 5.8%.

As interest rates fall or go negative, Aberdeen Standard Investments is testing the water in Singapore with a high risk fund that yields 5.8%.
Deutsche Bank Wealth makes key hire in Asia; Ping An’s online wealth platform AUM drops; Nikko AM to launch tech ETF in Singapore after Hong Kong; BNP Paribas and Allfunds enter strategic partnership; and more…
UBS WM attracted strong inflows from Asia-Pacific, which helped offset investment bank losses, but results were clouded by reports of an investigation by Singapore’s regulator.
In total, Standard Chartered in China distributes around 200 QDII products managed by 10 foreign asset management firms.
The bank’s asset management arm joins rival firms on the fixed maturity product bandwagon as it readies three instruments for sale to Hong Kong’s retail investors.
The firm has again partnered with Hermes Investment Management to manage a sustainable product that is exclusive for UBS Wealth clients.
Pictet looks to the future with a promotion tour of Asia for its three multi-billion dollar security, digital and robotic funds.
A commodity product and an Asia equity fund will target the retail investor base.
The UK’s New City Initiative intends to push for the new Singapore-domiciled fund structure.
Sentiment has turned positive towards several asset classes despite continuing reasons for caution, according to Last Word Media research.
Part of the Mark Allen Group.