Lined on both sides by expensively restored and maintained 19th century shophouses, Amoy Street, on the northeast edge of Singapore’s Chinatown district, is the kind of picturesque, olde-worlde avenue so beloved of visitors to the otherwise mostly modern and bustling city-state.
Threadneedle Investments has launched a further two Asia-managed funds for the Singapore market.
Jersey Finance is to put a man on the ground in Shanghai from the beginning of next month.
Julius Baer’s integration of the Merrill Lynch International Wealth Management business in Hong Kong and Singapore had a 'very high asset transfer' of over 80%, according to its four month interim statement today.
Capital Group has appointed Andrew Economos as senior vice president, strategic solutions.
Hong Kong and the United States have concluded their discussions on the implementation of the Foreign Account Tax Compliance Act, with Hong Kong expected to sign a model 2 intergovernmental agreement later this year.
A greater majority of fund managers in Hong Kong continue to hold a bullish view on equities, with a preference towards European equities, according to a survey by the Hong Kong Investment Funds Association.
Hong Kongs insurance and securities industry regulators are reported to be considering whether to introduce new restrictions on the sale of open architecture investment products, including so-called personal portfolio bonds (PPBs), market sources there say.
Insurance companies see a good potential to promote life wrapping insurance products to a rapidly growing high net worth individuals population segment in the Asian region.
Nearly half of the insurance professionals in Singapore feel that regulatory requirements for greater commission disclosures are “very likely” to come into place over the next three years.
Threadneedle Investments has launched a flexible Asian bond fund to be managed by its Singapore-based investment team.
Singapore and the United States have signed an agreement which will enable Singapore-based financial institutions to more easily comply with the US Foreign Account Tax Compliance Act.
