Singapore to start overnight RMB liquidity
Singapore is to introduce an overnight renminbi liquidity facility to meet the short-term financing needs of financial institutions trading in the Chinese currency.
Singapore
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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.
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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.
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natixis strengthens singapore team
Natixis Global Asset Management has strengthened its wholesale marketing and sales team in Singapore as it looks to register further funds in Hong Kong.
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Manulife Singapore names Naveed Irshad CEO
Manulife Singapore has appointed Naveed Irshad as its president and chief executive.
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Managers see opportunities in european smallcaps
With the overall improvement in the global macro economic environment, fund managers see investment opportunities emerging in the small- and mid-cap companies in Europe as well as select Asian markets.
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fullerton gets rqfii nod to invest in china market
Singapore-based Fullerton Fund Management has received a license to invest in China’s domestic securities market.
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nikko asset management receives rqfii license
Nikko Asset Management Asia has received a renminbi qualified foreign institutional investor (RQFII) license from the China Securities Regulatory Commission (CSRC).
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Neuberger Berman strengthens sales team in Asia
Neuberger Berman has strengthened its marketing and sales team in Asia as it looks to expand its operations in the region.
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Majority of HK Singapore affluent investors trust
The majority of affluent investors in Singapore and Hong Kong trust advice given by professional advisers when buying life insurance or wealth planning solutions, according to new research.
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London claims top spot in PwC Cities
London has claimed top spot as a centre for business, finance and culture for the first time, in Cities of Opportunity PwCs sixth annual index of 30 major cities internationally.
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Threadneedle bolsters product offering
Threadneedle Investments has launched a further two Asia-managed funds for the Singapore market.