Nordea Asset management has established its first distribution team in Singapore.
Category: News
VAM funds to enter Hong Kong next year
VAM Funds has Hong Kong next in its sights, with the aim of entering this key Asian market during the course of next year.
HK equity funds in vogue but bond funds hit
Equity funds were popular in Hong Kong during the third quarter notching up net inflows of US$1.8bn‚ while bonds funds suffered net outflows of US$2.7bn‚ according to the Hong Kong Investment Funds Association.
Providers face six month cut-off for SFC applications
From 1 January next year providers seeking regulatory approval to launch new products, including ILAS, in Hong Kong will have only six months to complete the application process before data has to be re-submitted and they lose their application fee.
Macquarie buys ING Investment Management Korea
Macquarie Investment Management‚ part of Macquarie Funds Group‚ has completed the acquisition of ING Investment Management Korea from ING Group.

BNY Mellon separately managed account busi Singapore
BNY Mellon, which recently received a capital market services licence from the Singaporean regulator, has expanded its separately managed account business in the city-state.

City Financial names Kay to head Asia
City Financial Investment‚ a London-based independent investment manager‚ has named Philip Kay to head up its Asia operations.
SGX Thomson Reuters unveil SGD bond indices
The Singapore Exchange and Thomson Reuters have launched a suite of Singapore dollar bond indices.
Citibank in pact with Cimb principal in Malaysia
Citibank (M) Berhad has entered into an agreement with CIMB-Principal Asset Management Malaysia‚ becoming the first foreign bank in the country to distribute private retirement scheme solutions.

Standard Life sets up Asia advisory board
Standard Life has established an Asia advisory board to provide guidance and advice on its strategy to grow across the region.