New economy stocks are shifting the composition of Southeast Asia’s investible universe, says Morningstar.
Tag: Grab
FSA people moves (03 – 09 March 2021)
Indosuez makes senior appointments in Singapore; Manulife IM creates head of wealth and AM role for China; BNPP AM names global head of stewardship; and more…
The FSA Spy market buzz – 05 March 2021
Grab Financial promotes; GSAM pushes retail; Schroders on passive; FAANGMAN vs SGX; Asset manager websites; IPO warning; Hong Kong’s crypto; and much more.
Chandrima Das to join StanChart as head of managed investments
She will be charting a “tech-led path” for the bank’s funds and DPM businesses.
Monthly users in Grab’s wealth solution double last month
Separately, the firm has raised at least $300m in its Series A funding round, led by Seoul-based Hanwha Asset Management.
Ride-hailing firm preps wealth solution
Grab’s micro-investing offering will make use of funds managed by Fullerton Fund Management and UOB Asset Management.
The FSA Spy market buzz – 07 February 2020
Grab acquires; UBS and Hong Kong risk appetite; The value of high tea plates; Apple and Microsoft eclipse Germany; Long lunches and stock markets; Rate disbelief; The madness of crowds and much more.
Southeast Asia’s ride-hailing firm buys robo-advisory
Grab plans to launch retail wealth management and investment solutions in Southeast Asia.
