Asian asset managers are increasingly looking for new distribution channels to boost their mutual fund sales, even as banks and securities houses dominate the distribution landscape in the region, according to a report from Cerulli.
Standard Life Investments has launched a currency hedged share class for its Japanese Equity Growth OEIC Fund.
Standard Life Investments has launched a currency hedged share class for its Japanese Equity Growth OEIC Fund.
GIC, Singapores sovereign wealth fund, has opened a new office in Brazil to focus on investment opportunities in Latin America.
Nordea Asset Management has become one of the first groups outside Hong Kong to receive a licence allowing it to invest in the Chinese stock market.
Singapore’s Oversea-Chinese Banking Corporation has made an offer to acquire Hong Kong-based Wing Hang Bank to expand its business in North Asia.
Singapore-based investment company Temasek has set up an office in London to support its investment interests in Europe, Middle East, and Africa.
Amundi has acquired the fixed income business of Malaysia-based KAF Fund Management.
Victoire Asia Investments, a specialist fund management company, has received the permission from the Hong Kong’s Securities and Futures Commission to start its business in the country.
Asian investors are the most aggressive investors globally, according to a recent report, which also found them bullish on stock markets for the coming year.
The Monetary Authority of Singapore has begun a second consultation to the risk-based capital (RBC) framework for insurers, which it says is proposed to improve the comprehensiveness of the risk coverage and the risk sensitivity of the current framework.
Standard Life has registered a 22% on-year growth in its customer base in Asia and emerging markets during 2013, as more investors opted for long-term savings and investment solutions.
