Alternative assets in Singapore grew 17% to S$478bn ($351bn) last year, with real estate, private equity and venture capital contributing the bulk, according to the Monetary Authority of Singapore’s asset management survey.
Tag: Singapore
Content Clever 2017 – Singapore & Hong Kong
We present photo highlights of Last Word’s Content Clever breakfast meetings, which were held on September 19 and 20 in Hong Kong and Singapore, respectively.
Singapore’s Lion Global to join ETF party
Lion Global Investors (LGI) is expected to list its first ETF on the Singapore Exchange on 30 October.
Singapore warns investors on virtual currency investments
As virtual currencies grow in value, Singapore’s Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) are warning investors about the risks of virtual currency-related investment schemes.
In case you missed it – Markets and Funds News Updates
Value Partners names Yu Xiaobao as head of China business; UBP’s operating expenses increase due to Coutts Asia integration; Blackrock’s ETF assets breach $1.5trn mark; Cerulli expects global mutual fund assets to hit $100trn by 2020; Singapore’s fintech association rolls out a comprehensive fintech directory; BofAML sees global fund firms allocate more to Japanese equities; Australia launches its first stewardship code for fund firms; and more…
Aberdeen launches multi-asset funds in Singapore
Aberdeen Asset Management has launched two multi-asset funds in Singapore, the firm’s first in this category to be offered in the city-state, according to a statement from the firm.
In case you missed it – Asia Markets Updates
M&G Real Estate makes three senior appointments in Asia; Northern Trust appoints an institutional sales manager in Hong Kong; BNP Paribas names a new China CEO; China’s Creditease to provide investment advise in the US; Pimco and Impax see their AUM increase; Singapore and Thailand sign a fintech cooperation agreement; and more…
Singapore’s GIC expects lower returns
Singapore’s sovereign wealth fund GIC is expecting to earn lower returns in the coming years, citing concerns over valuations and market uncertainty in its annual report.
Risk-off mode persists in HK and Singapore
Fixed income funds in Hong Kong and Singapore saw the bulk of inflows in the first quarter of 2017, while the demand for equity funds remained low, according to a Cerulli Associates report.
MAS steps up rule enforcement
The Monetary Authority of Singapore (MAS) will be sending mystery shoppers to financial advisers as part of its efforts to boost enforcement, according to Merlyn Ee, the regulator’s executive director for capital markets intermediaries.
