Finance officials and regulators from the six Asia Pacific Economic Cooperation (APEC) members who are leading the development of the Asia Region Fund Passport have just concluded a week of meetings in Singapore to iron out the details of the proposal. The six countries are Australia, Korea, New Zealand, the Philippines, Singapore and Thailand. “We […]
Tag: International relations
Survey: HNWIs reliant on online advice know the least about finance
The gap between perceived versus actual financial knowledge has driven Asian high net worth individuals to increase their investment knowledge, according to the M&G Asia wealth barometer. While wealth managers are the number one resource (55%) for sourcing investment ideas and information, digital media (48%) and friends and family (48%) also followed closely. But investors […]
Fidelity taps BlackRock’s Gan for heading SE Asia private bank distribution
At BlackRock, Gan was director and head of retail segment, Singapore. During her 14 years stint, she has also worked with Schroders in senior sales role. She holds strong relationships with retail and private banks in Singapore, Fidelity said. “Our business has been demonstrating strong growth momentum over the past 18 months,” said Mike Nikou, […]