IM Square, which supports boutique asset management firms in expanding their business, is in talks with a potential Chinese shareholder, said Philippe Couvrecelle, founder of the firm.
Tag: Singapore
What influences Asian fund sales?
Hong Kong, Singapore and Korea retail investors are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.
Survey: Singapore investors shift from multi-asset
Singapore retail investors have made a significant allocation shift over the last six months away from multi-asset and balanced funds into equity funds, bond funds and hedge funds.
Enhance Group to open Asia office
Citing the growth of private wealth in Asia, the investment and wealth consultancy will open a Singapore office.
UCITS funds are diminshing in Asia
“It is also pointless for UCITS managers to get excited about the imminent mutual recognition of funds (MRF) scheme between China and Hong Kong, as funds sold under this scheme have to be locally domiciled,” added Rachel Poh, senior analyst. The report is an about-face for Cerulli, which in the past said that the threat to […]
UBS Wealth to launch new service in Taiwan
UBS Advice is expected to be launched in July, aimed at high net worth individuals in Taiwan. The service is already available in Hong Kong and Singapore. The service builds a portfolio considering a client’s needs and risk profile. The investment advice is based on UBS Investment’s house views and the portfolio is maintained through […]
UBS introduces wealth management app in Asia
The firm said the app tracks a client’s portfolio, tests it against critical risk factors and sends a notification when the portfolio deviates from the client’s investment strategy. It was developed in response to increasing client preferences for digital solutions in Asia. “We believe Asian clients are more digital than in other parts of the […]
Huge pile of cash Manulife
Investors across the region rely heavily on cash savings, making it difficult to meet their key financial goals, the firm said. Across Asia, local-currency cash holdings account for a “disproportionately” large percentage of self-reported assets at about 37%. This rises to about 42% if foreign-currency cash holdings are added. Source: Manulife Asset Management The comparatively […]
Wealth management to open in Hong Kong
AIAM is a Singapore-based organisation that consists of independent wealth managers who promote a better understanding of their business model. Although independent wealth managers are far fewer in Hong Kong than Singapore, they still need a unified voice, said Jessica Cutrera, managing director of the wealth management arm of EXS Capital, who is leading the […]
Financial and industrial sectors have been good China bets
The two sectors have been strong performers due to various reasons. In the financial sector, banks have benefitted from a loosening monetary policy, which is expected to continue this year. The People’s Bank of China has cut both interest rate and banks’ cash reserve requirement ratio three times each since November to combat an economic […]
