Nomura Asset Management opens in Dubai
Nomura Asset Management has opened an office in the Dubai International Financial Centre, its first in the Middle East.
Asia
-
-
Korea Taiwan no longer in running MSCI
MSCI is to remove the MSCI Korea and MSCI Taiwan indices from its review list for potential reclassification as developed markets.
-
Study reveals lack of understanding of Shariah
Less than half of Malaysian unit trust investors currently own Shariah funds while nearly two thirds say they are not confident about their understanding of Shariah-based investments.
-
Pacific Sun Advisors director convicted
Pacific Sun Advisors and its director, Andrew Mantel, have been convicted of issuing advertisements to promote a fund without the authorisation of the Hong Kong Securities and Futures Commission.
-
Barings plans Hong Kong fund range for early 2015
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.
-
Malaysia to open asset management industry
Malaysia has announced a raft of measures to strengthen its capital markets, including steps to facilitate the entrance of foreign firms to the local asset management industry.
-
Fin holding cos under MAS purview
Singapores regulatory authorities are working on norms that would bring financial holding companies under its ambit as it seeks to enhance the regulatory framework for combating money laundering and terrorism financing.
-
Thai investors to complete mandatory suitability
Thailands capital market regulator is to make all investment companies ensure clients complete a suitability test before they are allowed to invest in any capital market products.
-
Dai ichi confirms Protective Life acquisition
Japans Dai-ichi Life Insurance Company has confirmed plans to acquire US-based Protective Life Corporation.
-
Hong Kong starts legislative debate for new
Lawmakers in Hong Kong have started to debate details of a bill which is expected to establish an Insurance Authority next year as part of a major reform of the insurance industry.
-
Dai-ichi Life Insurance considers purchase of US
Tokyo based insurer Dai-ichi Life is reportedly making plans to acquire Protective Life, a midtier US insurance company.
-
Friends Provident mulls retirement products
Friends Provident International has said it is considering launching a retirement product for its Hong Kong and Singapore client base, in line with its strategy of focussing on local expatriate markets.