This week…
Legg Mason’s Peter Bourbeu believes that US GDP could hit a 20-year high on the back of a programme of deregulation and tax reform under President Trump… Fund Channel, Amundi and BNPP IP’s European joint venture B2B distribution platform that targets institutional investors, launched in Singapore on Monday… Fintech cooperation between different markets continue: Singapore’s MAS and the Abu Dhabi Global Market signed a fintech cooperation agreement this week, and the financial regulators of Japan and the UK have exchanged letters on a cooperation framework to support fintech companies… Natixis bolstered its debt capital markets business in Asia with the hire of two executive directors: Singapore-based David So for APAC and HK-based Maureen Yu for Greater China… For those investing in China, some of the notable items under Premier Li Keqiang’s Work Report from the annual NPC meeting are the change in monetary policy stance from accommodative to neutral, plans for supply side reform, and maintaining the minimum growth target of 6.5% in China…
