Singapore Archives - Page 13 of 51

MAS encourages managers to launch ESG funds

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.

Singapore is leading the region.

Several other fund managers are also expected to roll-out products in the Lion City.

The multi-family office has been aggressively hiring in Singapore.

The firm is expected to hire more staff for its Singapore office.

The issuance of the capital market services licence by the Monetary Authority for Singapore (MAS) is a further step in the mainland firm’s expansion.