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%.
Tag: Singapore
BEA Union Investment names Chan CIO
BEA Union Investment Management has appointed Henry Chan Yue-Hung as chief investment officer with immediate effect.
Manulife asset launches Asia Pacific bond fund
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.
![Fund Selector Asia](https://s34456.pcdn.co/wp-content/uploads/2019/03/FSA_Logo_square-02-640x360.jpg.optimal.jpg)
Open ended fund structure planned for Hong Kong
The Hong Kong government has announced measures to boost the development of the local asset management industry.
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Singapore Fullerton to open London office
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 Securities sets up co in Singapore
Haitong International Securities Group has established its first company in Singapore aiming to tap the demand for Renminbi-denominated products.
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Managers highly receptive to new fund framework
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.
![Fund Selector Asia](https://s34456.pcdn.co/wp-content/uploads/2019/03/FSA_Logo_square-02-640x360.jpg.optimal.jpg)
PWC proposes revamp of Singapore fund framework
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.
Singapore China in pact for RQFII quota
In a bid to strengthen cooperation on financial sector development and regulation, Singapore and China today agreed on series of initiatives that will further promote the international use of the Renminbi through Singapore.
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Blackstone sets up office in Singapore
Buoyed by the growing opportunities in the Asian region, alternative asset manager Blackstone, has set up its first office in Singapore.