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.
Tag: Singapore
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.
Singapore’s AM industry up 7% in 2016
Despite several local bond defaults, Singapore’s asset management industry managed to grow 7% last year, with managed assets hitting S$2.7trn ($1.96trn), according to the Monetary Authority of Singapore’s 2016-2017 annual report.
Singapore in scramble for more bond investors
As the HK-China Bond Connect launches, Singapore plans to address its shallow bond investor pool by subsidising the cost of credit ratings from global agencies.
In case you missed it – Funds and Asset Management Updates
Aviva Investors names Charles Wong as head of Asia wholesale distribution; Pinebridge poaches APAC marketing exec from SSgA; a fintech association launches in Hong Kong; fintech agreements in Singapore and Malaysia; CSOP’s China ETF sees huge inflows following MSCI’s China inclusion announcement; and more…
Singapore family office launches debt fund
Single-family office Sebrina Holdings’ fund management company, Alcora Global, has launched in Singapore a fund investing in short-term debt of Asia-Pacific materials companies.
Singapore, HK to outpace Switzerland for offshore wealth
Singapore and Hong Kong remain the fastest-growing offshore centres and are set to outpace Switzerland when it comes to attracting wealth from abroad, a new report predicts.
Singapore’s MAS wants relaxation of robo-advisor rules
The regulator has proposed eliminating both track record and AUM requirements for robo-advisers catering to retail investors.
Video: Standard Life Investments on Europe’s small caps
Andrew Paisley, manager of SLI’s European Smaller Companies Fund, makes the case for Europe’s small caps.
Video: Franklin Templeton on EM small caps
Tek Khoan Ong, senior executive vice president, managing director and director of research, answers three questions about emerging market equities.
