Singapore-headquartered i-Fast Group’s assets under administration (AUA) in China grew 140.5% to RMB 466m ($68.3m) in June from the previous year, according to the firm’s first half financial results.

Singapore-headquartered i-Fast Group’s assets under administration (AUA) in China grew 140.5% to RMB 466m ($68.3m) in June from the previous year, according to the firm’s first half financial results.
The boutique wealth and asset manager plans to launch a CLO bond fund and hopes to take advantage of Singapore’s new fund structure, according to Federico Cristina, the firm’s investment manager.
The firm said it has decided to consolidate Singapore operational and client activities in Hong Kong.
Will Singapore’s new corporate structure for traditional and alternative managers grow at the expense of Cayman Island-domiciled funds?
Assets in Singapore’s asset management industry increased 12.7% in 2017, according to Ravi Menon, Monetary Authority of Singapore’s managing director.
US-based Dimensional Fund Advisors is awaiting regulatory approval from the Monetary Authority of Singapore for nine funds to be sold in the Lion City, according to records from the regulator.
Rising compliance costs, technology adoption and a talent shortage make it especially tough for a wealth manager, but Edwin Lee, CEO of independent wealth manager Covenant Capital, believes his firm has the right formula.
High net worth individuals in Asia put strong returns ahead of building a better world when it comes interest in sustainable investment (SI) products, according to a survey conducted by Standard Chartered.
Schroders and UOB lead the league table of the most successful asset gatherers in funds domiciled in Singapore, while Fullerton had the most outflows, according to fund flows data from Morningstar.
Cape Town-based Miton Optimal, a discretionary fund management specialist firm, has received a full capital markets licence from the Monetary Authority of Singapore.
Part of the Mark Allen Group.