Will Singapore’s new corporate structure for traditional and alternative managers grow at the expense of Cayman Island-domiciled funds?
Category: News
Bank of Singapore to open in Luxembourg
The private bank has received regulatory approval to operate a wealth management subsidiary in Luxembourg.
HEAD-TO-HEAD: Bluebay vs Legg Mason
FSA compares the Bluebay Investment Grade Absolute Return Bond Fund and the Legg Mason Western Asset Macro Opportunities Bond Fund.
The FSA Spy market buzz – 13 July 2018
DBS hires; Julius Baer expands; Hedge fund woes; Artificial intelligence and robotics; Asian bond concerns; Trump and defence; advertising from Amundi, Pimco, Schroders and much more.
DBS: Go overweight cash amid trade tensions
As stock market volatility continues, DBS Bank advises clients to cash out part of their equity holdings and take a wait-and-see approach, according to Hou Wey Fook, chief investment officer.
Why change is expected in Asia’s ESG profile
Asia is far behind developed markets on key ESG issues, but the hope is that China’s regulatory policies to address environmental issues will drive a regional change in mindset.
In case you missed it (13 July 2018)
Goldman Sachs AI model fails to predict World Cup results; robo-advisor Bambu gets $3m funding led by Franklin Templeton; China Post lists coco ETF in Europe; SSGA registers 19 ETFs in Japan; hedge funds produce mixed results; SFC includes holding companies as professional investors; and more…
ICBC Credit Suisse loses half of onshore assets
The joint venture between Credit Suisse and Industrial and Commercial Bank of China has lost its place as the largest onshore asset manager, according to the Asset Management Association of China (Amac).
Wisdomtree expands access to onshore China
New York-based ETF provider Wisdomtree and JP Morgan Asset Management are among the latest recipients of China’s inbound quota schemes, according to latest records from the country’s State Administration (SAFE).
Are China’s ETFs taking off?
Thanks to robust net inflows, China’s ETF market is now second in Asia behind Japan, data from Morningstar shows.
