India’s recent interest rate cut to a five-year low was a response to cooling inflation, analysts said.
Category: News
Axa IM builds absolute return team in HK
Axa Investment Managers said it will build a liquid absolute return team in Hong Kong led by Pierre-Emmanuel Juillard.
HSBC PB in senior hires
HSBC Private Bank hired former Credit Suisse Private Bank exec Fan Cheuk-wan to serve as managing director and head of investment strategy for Asia.
OCBC to buy Asia WM business of Barclays
After much speculation, the acquisition has been announced and it will be done via OCBC’s wholly-owned private banking unit Bank of Singapore.
Moody’s `red flag’ report appeal overruled
Hong Kong’s Securities and Futures Appeals Tribunal (SFAT) has affirmed the SFC’s findings on the Moody’s China “red flags” report.
Brexit risks mean underweight UK equities – Investec
Investec Asset Management said it has reviewed the portfolio to avoid unnecessary risks that could result if the UK votes to leave the European Union.
Singapore to set up fintech office
The Monetary Authority of Singapore is in a push to develop a financial technology industry, following Hong Kong’s move last month.
Report: Saudi Arabia to set up $2trn megafund
Investment through the new sovereign wealth fund will become the source of the Kingdom’s revenue, not oil, according to an industry report.
T. Rowe Price appoints new Japan chief
T. Rowe Price has hired Naoyuki Honda as country head for Japan.
Document leak ‘biggest ever blow to the offshore world’
Around 11.5 million leaked documents from a Panama-based law firm have exposed the offshore holdings of politicians, sports stars and public officials around the world.
