MAS tightens rules on product sales
The Monetary Authority of Singapore is planning measures aimed at safeguarding the interests of consumers who purchase financial products in public venues.
The Monetary Authority of Singapore is planning measures aimed at safeguarding the interests of consumers who purchase financial products in public venues.
Manulife Singapore has appointed a chief product officer and chief marketing officer as it looks to “align leadership responsibilities with key areas of focus” in order to support its growth plans.
Expatriates in Hong Kong are often making inaccurate assessments about their insurance policies, with many overlooking the importance of having critical illness cover to protect themselves and their families, an FPI report has revealed.
Nikko Asset Management has announced the launch of two UCITS funds: a global equity fund and a global multi-asset fund.
Singapore’s assets under management jumped by 30% over the last year, reflecting continued interest from global investors in the region, new figures reveal.
As China and Hong Kong unlatch the gate for cross-border fund distribution, regulatory changes in markets such as the Philippines and Malaysia are also opening for retail mutual funds, according to Cerulli Associates.
HSBC Global Asset Management is due to launch Global Equity Dividend Fund on 24 July which will target investments in companies with dividends and the promise of capital appreciation.
Combined fund management business in Hong Kong increased by over 10% last year to reach a record high of $16.7bn, including a contribution of over $12.4bn from international investors.
First State is to launch a trio of Asia funds as it seeks to establish the reputation of its new Stewart Asia team.
It has certainly been an interesting year for investors in Chinese equities, to put it mildly.
Generali International’s sales manager for North Asia, Nick James, has left the company after spending more than a decade there.
Retail investors in Hong Kong, Singapore and South Korea are most influenced by fund fees in their investment decisions, but Taiwan is different, according to a BNY study.