Asset managers should not focus on fund performance as the only parameter to feature into a fund selector’s buy list as investment philosophy and investment process are also ranked high by gatekeepers in Asia, revealed a Cerulli report.
Tag: Singapore
GIC opens brazil office
GIC, Singapore’s sovereign wealth fund, has opened a new office in Brazil to focus on investment opportunities in Latin America.

ocbc bank makes offer to acquire wing hang bank
Singapore’s Oversea-Chinese Banking Corporation has made an offer to acquire Hong Kong-based Wing Hang Bank to expand its business in North Asia.
Temasek sets up London office
Singapore-based investment company Temasek has set up an office in London to support its investment interests in Europe, Middle East, and Africa.
Asian investors most aggressive finds report
Asian investors are the most aggressive investors globally, according to a recent report, which also found them bullish on stock markets for the coming year.
Talking fund distribution with Aberdeen AM
Aberdeen Asset Management’s recent acquisition of Scottish Widows Investment Partnership, and the company’s unwavering focus on market growth, are keeping Abdereen head of business development Nicholas Shaw busy.

HK starts consultation for open fund company structures
The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
Robeco to expand aAsia operations office in Singapore
Netherlands-based investment manager Robeco is planning to start an office in Singapore to focus on sovereign wealth funds and key accounts.

Fullerton makes 3 hires equity investment team
Fullerton Fund Management has strengthened its equities investments team with three key hires and also has plans to launch new funds.
DBS to buy Singapore Asia private banking unit
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%.