Thailand is introducing an additional mutual fund distribution channel and has allowed state-owned non-bank companies to act as agents.
Tag: Asia
Luxembourg for more financial cooperation with Singapore
Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.
Aberdeen names Leenabanchong as Thailand CEO
Aberdeen Asset Management has poached UOB Asset Management’s chief investment officer Korawut Leenabanchong as its new chief executive.
Thai regulator tells fund companies to develop
The Thailand capital market regulator has directed asset management companies in the country to develop ‘post retirement products’ as an investment alternative for the retirees segment.
Hong Kong looks to boost Islamic finance
Hong Kong’s financial regulator has said it is to work closely with the Malaysian authorities to develop its Islamic financial market and promote Shariah-compliant products to both local and international investors.
RHB Asset Management offers global Shariah-compliant fund
RHB Asset Management has launched a close-ended Shariah-compliant fund that invests into global Islamic fixed income instruments.
Franklin Templeton vehicle launches blue chip Vietnam fund
Vietcombank Fund Management, which is part-owned by Franklin Templeton Investments, has launched its first open-ended equity scheme, investing in large-cap companies listed on the Vietnam stock exchange.
Nomura Asset Management opens in Dubai
Nomura Asset Management has opened an office in the Dubai International Financial Centre, its first in the Middle East.
Study reveals lack of understanding of Shariah
Less than half of Malaysian unit trust investors currently own Shariah funds while nearly two thirds say they are not confident about their understanding of Shariah-based investments.
Malaysia to open asset management industry
Malaysia has announced a raft of measures to strengthen its capital markets, including steps to facilitate the entrance of foreign firms to the local asset management industry.
