The Irish unit of Malaysia-headquartered CIMB-Principal Islamic Asset Management has launched its first global sukuk Ucits fund.
Category: News
MAS to reinforce retail investor protection
Retail investors in Singapore will receive greater protection following changes to the Securities and Futures Act (SFA).
Barings names new Korea CEO
Barings has appointed Ike Bae as its new Korea CEO. He replaced Thae Khwarg, who retired in December last year after more than 20 years with the firm.
HSBC’s Maldonado: Not everything is overvalued
It doesn’t make sense to say price-to-earnings ratios are high today compared to historical data, said Bill Maldonado, HSBC Global Asset Management’s APAC chief investment officer.
Fund managers pick China asset classes for 2017
Blue chips in Hong Kong and some A-shares look attractive given the southbound capital flows via Stock Connect and as the MSCI makes a decision on inclusion in June, according to fund managers.
Deutsche WM director joins J Safra Sarasin in HK
Bank J Safra Sarasin has hired Masaki Sugawara as a Hong Kong-based managing director for client advisory.
Singapore account holders must disclose tax residency status
Account holders in Singapore have been told by the taxman to fully cooperate with their financial institutions as they determine the tax residency status of their clients under the Common Reporting Standard (CRS).
The FSA Spy market buzz – 06 January 2017
SAFE squeezes; Aberdeen’s A to Z; SLI likes Chinese tourists; Capital Group gives good news; Don’t believe the brokers; Goldfish outdo humans; Common reporting woes; Mozart and markets and much more.
Harvest: Great rotation might not last long
Global growth in the second half of the year will help determine whether investors continue moving from bonds to equities, said Harvest Global Investments CIO Thomas Kwan.
Ex-Citibank HK banker penalised for copy-and paste signature
A former Citibank senior personal banker in Hong Kong has been penalised for copy-pasting a client’s signature to deceive the bank into accepting the signature as genuine.