Fund Selector Asia launches a new event in Singapore.

Fund Selector Asia launches a new event in Singapore.
Union Bancaire Privée (UBP) has been granted a wholesale bank licence in the Lion City by the Monetary Authority of Singapore (MAS).
The regulator now has teams assigned to supervise asset management sub-sectors, such as traditional, alternative or real estate, according to Lim Cheng Khai, executive director at the Monetary Authority of Singapore (MAS).
Executives at Singapore-based Thirdrock Group will lead Schroders’ wealth management business in Asia.
Raffles Family Office expects to grow AUM to $10bn and double headcount to 100 in the next two years.
UOB Asset Management and Blackrock have also registered thematic funds in the Lion City.
Investments with low correlation to traditional assets are becoming popular as volatility returns.
Investors searched for alchemists who could defy the slump in major stock markets last year.
The best performing Greater China fund in the Hong Kong universe had a -9% calendar year return.
The firm intends to launch a balanced fund for retail investors in the Lion City.
Part of the Mark Allen Group.