In contrast, mixed-asset products offered by third-party fund managers have only returned around 0-2% so far this year.
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In contrast, mixed-asset products offered by third-party fund managers have only returned around 0-2% so far this year.
John Ng, who joined the bank in 2017, has been appointed as the firm’s new head of funds selection and advisory.
Income generation and positive relative valuations counter liquidity and default fears in the Asian high yield credit market.
In a media briefing the Singapore-based firm emphasised the importance of its DBS iWealth app in its future growth.
Portfolio diversification benefits and better financial returns are driving allocations to sustainable assets, according to wealth managers in the region.
The bank’s head of fund selection warned that certain triggers could result in strong ‘indiscriminate’ ETF outflows that will impact markets.
The bank is careful with themed funds, though it invests in two sustainable-themed products.
Lee Woon Shiu joins DBS Private Bank as the regional head of wealth planning, family office and insurance solutions.
Hermes IM adds to global credit team; DBS PB to expand Dubai team; hedge fund redemptions continue; Fund Selector Asia wins State Street Institutional Press award; job movers in finance to expect higher salaries; former Standard Chartered private banking head acquitted for bribery; and more…
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