untapped opportunity in hnw clients in asia
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.
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.
Singapores life industry recorded a 24% on-year growth in total weighted new business premium for the first quarter of the year, according to the Life Insurance Association.
Threadneedle Investments has rolled out its first Asian fund to be managed by its local investment management team in Singapore.
Threadneedle Investments has poached in Hendersons Grace Chow for the role of head of marketing and communications for Asia Pacific as the fund house seek to expand its operations in Asia.
Eastspring Investments Malaysia has launched a three-year close-ended income fund that aims to capture the best yield opportunities in multiple fixed income assets.
Singapore, Australia, Korea, New Zealand, the Philippines and Thailand have begun a joint consultation on the rules and regulations for operating the Asia Region Funds Passport, a framework which will look similar to recent UCITS legislation in Europe.
Manulife Asset Management has appointed Endre Pederson as senior managing director of its Singapore based Asian fixed income team, as it makes the country the hub for its ASEAN operations.
GIC, Singapores sovereign wealth fund, has opened a new office in Brazil to focus on investment opportunities in Latin America.
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.