Singapore Archives - Page 15 of 50

DWS, Maybank to launch funds in Singapore

A commodity product and an Asia equity fund will target the retail investor base.

The UK’s New City Initiative intends to push for the new Singapore-domiciled fund structure.

The China asset manager plans to use the city-state financial hub to grow its business in Southeast Asia.

After its retail fund push in Singapore, the firm has registered two products for retail sale in Hong Kong.

The trust company will help wealth administration and succession planning for JP Morgan Private Bank’s clients in Asia.

Products that provide regular income streams to investors have become popular in the Lion City this year.

Traditional product assets declined but alternatives continued to increase in 2018, according to the Monetary Authority of Singapore.

Amundi subsidiary CPR Asset Management intends to launch a series of thematic funds to Singapore’s retail investors.

Other managers that have launched FMPs in the Lion City this year include Aviva Investors, Credit Suisse, Legg Mason and Schroders.

Sydney-based Raiz Invest aims for expansion in Southeast Asia, but does not have any intentions of tapping the Hong Kong and Singapore markets.