Malaysia’s Maybank is aiming for a soft launch of its discretionary portfolio management service in Singapore by the end of this year, Ang Mui Koon, senior director of discretionary services, confirmed in an interview with sister website Fund Selector Asia.
The Asia-Pacific was the fastest growing region in 2014 for high-net-worth individuals, those with $1m investable assets.
Aegon is to leave the Association of British Insurers (ABI) at the end of the year.
The Luxembourg Stock Exchange, in cooperation with the Association of the Luxembourg Fund Industry (ALFI), has published a compendium of Luxembourg laws and regulations on investment funds.
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
The number of individuals applying for a UK investor visa plummeted by around 82% in the second quarter of 2015 compared to the same period last year, Home Office figures reveal.
The UK’s lifeboat scheme has ruled that failed financial advisers who gave bad advice to invest in property investment scheme Arck LLP are liable for losses.
Western expatriates are staying longer in the Middle East and, while the use of long-term life products still dominates the market, the length of the contract is falling and more money is flowing into mutual fund platforms, Invesco said.
The collapse in oil prices and volatility in the emerging markets induced by China’s slowdown has hurt stocks in the Middle East but has not knocked the region’s major equity markets off their positive trajectory, said Amundi fund manager Remy Marcel.
Standard Chartered and Manulife have embarked on a 15-year distribution partnership to exclusively offer Manulife’s Mandatory Provident Fund (MPF) product to Standard Chartered customers in Hong Kong.
New York-headquartered BNY Mellon Investment Management has opened its first German office in Frankfurt as it looks to tap into more European markets.
Dutch insurance giant Aegon is looking to sell its annuity business in the UK, following on from a move by the French insurer Axa to offload its British business, as international insurers react to the changing regulatory environment.
