DFMs struggle due to misplaced focus
Discretionary fund managers are struggling to focus on clients’ investment objectives because they still measure their performance against indices rather than individual client goals.
Discretionary fund managers are struggling to focus on clients’ investment objectives because they still measure their performance against indices rather than individual client goals.
Natixis Global Asset Management has strengthened its wholesale marketing and sales team in Singapore as it looks to register further funds in Hong Kong.
Manulife Singapore has appointed Naveed Irshad as its president and chief executive.
Eastspring Investments has poached FWD Group’s Andy Yang for a new role of head of insurance relationship.
With the overall improvement in the global macro economic environment, fund managers see investment opportunities emerging in the small- and mid-cap companies in Europe as well as select Asian markets.
Corinthian Pension Trustees has received a license from the Financial Services Commission to provide trusteeship to pension schemes in Gibraltar.
The Financial Conduct Authority (FCA) has welcomed in a new independent body aimed at restoring the damaged reputation of the financial services industry.
The European Securities and Markets Authority (ESMA) has begun a consultation process to look at how best to implement the revised Markets in Financial Instruments Directive (MiFID II).
The ex-managing director of Leeds United football club has reportedly been arrested in Dubai, following accusations of financial irregularities by the clubs former owners.
HM Revenue & Customs has been accused of “railroading” taxpayers into making payments, in yet another scathing assessment of its approach to tax avoidance.
Manulife has poached Kai Sotorp, UBS Global Asset Managements chief executive for the Asia Pacific region for a newly created role of executive vice president and global head of wealth and asset management.
The majority of affluent investors in Singapore and Hong Kong trust advice given by professional advisers when buying life insurance or wealth planning solutions, according to new research.