The recommendations aim to make financial institutions (FI) more resilient to environmental risk, increase their role in the transition to an environmentally sustainable economy, according to the Monetary Authority of Singapore (MAS).

The recommendations aim to make financial institutions (FI) more resilient to environmental risk, increase their role in the transition to an environmentally sustainable economy, according to the Monetary Authority of Singapore (MAS).
An online alternative investment platform in Singapore has garnered at least $100m in assets since its launch last year.
Schroders, Allianz GI, Aviva Investors and Fullerton Fund Management have also launched income products in the Lion City.
Golden Equator Wealth plans to expand its client base outside of Asia.
In a move that signals optimism, the firm joins several others in readying multiple funds for sale to retail investors.
As of the end of March, Singapore accounted for only $6m of the nearly $8bn AUM of the sustainable universe in Asia ex-Japan.
Private banks will be allowed to have face-to-face meetings, but staff must be equipped with a face shield in addition to a face mask.
With interest rates near zero, the firm joins rivals in betting a Reits- and high yield-heavy strategy will appeal to income-hunting investors.
Reits continue to be a popular asset class in the Lion City.
At least seven mixed-asset products have been launched in the Lion City since 2019.
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