The Singapore firm’s majority stake adds it to the growing list of asset and wealth managers in Indonesia.

The Singapore firm’s majority stake adds it to the growing list of asset and wealth managers in Indonesia.
The funds are now available to Singapore retail investors and have been submitted to the SFC for sale in Hong Kong.
As China’s asset management industry opens and more foreign firms enter, regulations are not keeping pace, according to Xiao Gang, former head of the China Securities Regulatory Commission.
In August, the Hong Kong regulator removed nine licences and year-to-date, a total of 23 Type 9 licence holders have de-registered. But what are the reasons behind it?
The bank takes aim at retail investors with robo technology and in Taiwan, Legg Mason partners to set up a robo-advisor.
Asia’s corporate debt exceeds the US and UK, and global consultancy McKinsey has warned on the growing risk of an Asian debt crisis.
A number of foreign managers and institutional investors have increased their inbound quotas as demand for China securities grows.
China’s onshore defaults will surpass last year’s total, but Wong Yii Hui said her highly-concentrated portfolio avoids certain companies.
Fund managers are also responsible for setting expectations on how companies should disclose ESG information, SSGA says.
JP Morgan AM decided to decline investment in a renewable energy company due to inadequate action on a social issue.
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