Netherlands-based investment manager Robeco is planning to start an office in Singapore to focus on sovereign wealth funds and key accounts.
Fullerton Fund Management has strengthened its equities investments team with three key hires and also has plans to launch new funds.
DBS Bank has agreed to acquire the Asian private banking business of Société Générale in Singapore and Hong Kong, a move that will boost the assets of Singapores biggest bank by 20%.
BEA Union Investment Management has appointed Henry Chan Yue-Hung as chief investment officer with immediate effect.
Manulife Asset Management Singapore has launched an Asian bond fund, which will focus on allocating assets to investment grade bonds in the Asia Pacific region.
The Hong Kong government has announced measures to boost the development of the local asset management industry.
Fullerton Fund Management a wholly-owned subsidiary of Singapore state investor Temasek Holdings is to set up an office in London, and will be shortly applying for a license from the Financial Conduct Authority.
Haitong International Securities Group has established its first company in Singapore aiming to tap the demand for Renminbi-denominated products.
Asset managers in Singapore are highly receptive to plans for a new investment fund framework, with about 90% preferring an open-ended investment company structure, according to a PwC survey.
Singapore should consider revamping the way its investment fund laws are structured, to permit different asset management industry sectors to offer more variety and thus cater to a broader range of clients, a new PwC white paper says.