Ping An’s Lu International has launched a platform aimed at accredited investors, becoming the latest to enter the growing field of online wealth management.
Tag: Singapore
In case you missed it (14 September 2018)
Schroders hires PM from HSBC Global AM; Franklin Templeton names new fixed income CIO; BNY Mellon creates chief economist role; Hong Kong’s private wealth AUM to double by 2023; Willis Towers Watson and MSCI co-develop ESG strategy; MAS introduces new corporate structure for funds; and more…
J Safra Sarasin hires MD from Deutsche Bank
Mary Lee has joined Bank J Safra Sarasin’s ultra-high-net-worth team as managing director for client advisory, based in Singapore.
Matthews Asia expands to Shanghai and Singapore
In addition to the new offices, the firm poached an exec from BNY Mellon Investment Management for a newly-created Hong Kong-based role.
Noah sees investors turn hesitant
US-listed Noah Holdings reported double-digit net revenue growth during the first half, but noted that investors are increasingly moving to the sidelines due to market volatility.
Singapore’s OCBC launches robo-advisor platform
Targeting young clients, OCBC Bank has partnered with a local fintech firm to launch an automated investment platform in Singapore offering thematic and passive portfolios.
Singapore boutique courts family office capital
SEA Asset, which recently received a full capital markets services (CMS) licence from MAS, sees new investor interest from family offices, according to Alex Zeeh, the firm’s Singapore-based CEO.
Singapore firm plans dividend ETF launch
The Singapore-focused equity income product would be the second ETF launched in the Lion City this year, according to data from the Singapore Exchange.
Mercer launches fund research for the public
Mercer will be up against Morningstar and FE as it brings fund research and ratings previously only available to institutional clients to the general public in Asia.
LO and Mizuho ink Singapore WM alliance
The agreement comes after Lombard Odier established other strategic partnerships with banks in the Philippines, Thailand and Indonesia.
