Bank of Singapore, the private banking arm of OCBC, has appointed Derrick Tan as its CEO for Hong Kong, in addition to his role as global market head for Greater China and North Asia.

Bank of Singapore, the private banking arm of OCBC, has appointed Derrick Tan as its CEO for Hong Kong, in addition to his role as global market head for Greater China and North Asia.
US companies are expected to have high earnings this year, but Bank of Singapore, UBS Wealth Management and Deutsche Bank Wealth Management are finding more opportunities in other equity markets.
Investors with an appetite for China’s new technology opportunities should look to sectors where they are applied, rather than overvalued tech companies, argues Johan Jooste, chief investment officer at Bank of Singapore.
Volatility is rising and the Bank of Singapore is concerned about positive client sentiment.
Valuations of traditional asset classes have become expensive, and diversifying with alternative assets can still be done relatively cheap, according to industry sources.
DBS has named Hou Wey Fook as its new chief investment officer for consumer banking and wealth management, according to a statement from the firm.
Investors are advised to get into strategies that provide income, such as dividend-paying stocks or high-yield bonds, now that the global economy has entered into a “period of moderation”, according to Johan Jooste, Bank of Singapore’s chief investment officer.
Wealth and asset managers give their views on the implications of the MSCI inclusion of A-shares and where they find investment opportunities onshore.
Indonesia’s tax amnesty has prompted Singapore’s OCBC Bank to launch an onshore private banking business.
More than half of emerging market equity funds available for sale in Hong Kong and Singapore underperform the MSCI Emerging Markets Index, FE data shows.
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