We present photo highlights of the FSA Long-Term Investing Forum in Singapore, held on May 25 at the Westin Hotel.
Tag: Singapore
Singapore’s GIC slashes UBS stake at a loss
Singapore’s state-run GIC is dumping 93 million shares of UBS at a loss, according to a statement from the sovereign wealth fund.
Value Partners targets IIs with smart beta
Hong Kong-based Value Partners will cut fees on its China-focused smart beta ETFs and launch Singapore’s first leveraged and inverse ETF, said Ling-kai Mak, the firm’s senior fund manager.
First ETF approved under Asean CIS
Singapore Exchange (SGX) has approved the listing of One Stoxx Asean Select Dividend ETF under Asean Collective Investment Scheme (CIS) framework, according to a statement from the exchange.
Survey: HK and SG playing catch-up in fintech
Hong Kong and Singapore financial industry firms see themselves as laggards in fintech innovation, according to a research report by Simmons & Simmons.
In case you missed it – Fund News and Updates
Schroders and Vanguard launches funds for MPF’s default strategy; China’s AUM hits $9trn; Hong Kong’s SFC increases enforcement activity; Singapore’s MAS fines a fund manager for late submissions; more fintech partnerships and more…
In case you missed it – Finance News Updates
Blackrock launching two MPF funds, Singapore’s UOB AM and T. Rowe Price rolling out a tech fund in Singapore; key APAC senior management changes at Australia’s AMP Capital; dwindling number of billionaires around the world; an institutional mandate for UK’s Prestige; Hong Kong and Singapore’s regulators penalising professionals for WeChat and spoofing; AIA names David Beckham as its global ambassador; NNIP’s positive outlook for Mongolia; etc…
In case you missed it – Company News
A new Asia CEO at JP Morgan Private Bank; a senior sales appointment and fund launch from BNPP IP; Northern Trust’s new Seoul branch; the expected launch of the Hong Kong-China Bond Connect this year; higher interest rates in Hong Kong; more fintech cooperation in Asia and a deceleration in investment momentum in Asia-Pacific’s private equity market…
Singapore bans ex-Goldman Sachs banker in 1MDB scandal
Former Goldman Sachs director Tim Leissner has been banned from working in Singapore’s financial services industry for 10 years for his involvement with stricken Malaysian sovereign wealth fund 1MDB, with further prohibition orders expected.
Survey: RMs earn more in HK than Singapore
Front office private banking and wealth management professionals in Hong Kong are paid more than their Singapore counterparts, according to the Hays’ 2017 salary survey.
