The Monetary Authority of Singapore has fined Coutts & Co for allowing an employee to conduct fund management activities without the required authorisation.
Category: News
Aberdeen sees US driven growth
In 2015, the chase for yield will be even tougher, the US dollar will shine and any treasury bond selloff is likely to be muted, said Victor Rodriguez, head of Asia Pacific fixed income at Aberdeen Asset Management.
Frontier markets attractively priced East Capital
Even after the strong performance of frontier markets in 2014, they remain attractively priced, trading at valuations less than emerging and developed markets, according to East Capital.
China A share exposure boosts fund returns
The top performing funds that tap China’s A-share markets have soared since the Stock Connect launched and China cut interest rates, but they haven’t beat their benchmarks.
Equity products dominate HK fund industry
Hong Kongs fund industry registered a 7.5% rise in net inflows during the first nine months of the year with equity funds dominating more than half of the funds sales, according to Hong Kong Investment Funds Association.
RQFII the best route to access China A shares
China has been opening up its capital markets with a series of initiatives, however, the best vehicle for institutional investors to tap the onshore equities would be through an asset manager who holds a Renminbi Qualified Foreign Institutional Investor license, according to Principal Global Investors.
Bank Pictet appoints independent board director
The Pictet Group has appointed Koh Boon Hwee as an independent board director of Bank Pictet & Cie (Asia), the Group’s private banking entity in Singapore.
Loomis Sayles names co-portfolio manager
Loomis, Sayles & Company has named Scott Service as co-portfolio manager for a suite of investment strategies managed by the company’s global bond team, which oversees about $38bn in global assets.
PineBridge appoints Asia head of marketing
PineBridge Investments has hired Eastspring Investments Jacinta Reddan as managing director, head of marketing and communications for Asia.
Asian fixed income to do well in 2015 BlackRock
While the US Federal Reserve looks poised to raise interest rates in 2015, Asian fixed income market will do well as countries like India and Indonesia are expected to benefit from lower commodity prices through lower inflation and lower subsidy bills, said Joel Kim, head of Asia-Pacific fixed income at BlackRock.
