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.

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.
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.
Buoyed by the growing opportunities in the Asian region, alternative asset manager Blackstone, has set up its first office in Singapore.
Henderson Global Investors has appointed Wong Hur Ming as head of retail sales, Singapore.
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