Singapore’s biggest insurer has sparked questions by replacing its experienced investment chief, Yoon Mun Thim, in another senior shakeup in the industry.
BetaSmartz, a business-to-business automated investment platform headquartered in Singapore, has opened an office in Hong Kong from which to run sales and servicing.
The Singapore-based asset manager will see another C-level executive step down from his position, amid its ongoing merger with NTUC Income.
Large institutions such as CPPIB, HSBC and Macquarie flag obstacles deterring private capital from investing in emerging market infrastructure.
Investors remain keen on emerging market assets despite the Fed's decision to begin unwinding its balance sheet, but it could be time for a change in approach, experts say.
Client on-boarding times are getting significantly longer to the growing frustration of private bank clients, a Hong Kong survey of wealth management firms shows.