Singapore’s Fullerton outlines China plans
The firm intends to launch its first onshore fund and apply for a qualified domestic limited partnership (QDLP) licence, according to Mark Li, Shanghai-based general manager and head of China sales at Fullerton Investment Management (Shanghai).
Legg Mason’s Rare to launch infra fund in Singapore
Legg Mason Global Asset Management is planning to launch a listed infrastructure fund in the Lion City, according to records from the Monetary Authority of Singapore.
The Fry Group launches Singapore discretionary service
Global financial advisory group The Fry Group has launched a discretionary investment service in Singapore, giving clients the option to delegate some or all of their ongoing investment decisions to the firm.
Singapore and China eye mutual recognition of funds
In a recent agreement to strengthen links between the two countries, the Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) said they would explore an MRF scheme.
MAS slaps lifetime ban on ex-wealth manager in 1MDB action
The Monetary Authority of Singapore (MAS) has issued prohibition orders against those involved in the 1Malaysia Development Berhad (1MDB) state fund breach, one of the world’s largest money laundering scandals in recent history.