Several senior staff are believed to have left the fund house following its merger with Pioneer Investments, including heads for Asia institutional and China, as well as a lead equities PM.
Having flagged its intentions in October last year, Singapore's markets watchdog yesterday started a consultation on designating tax crimes as money laundering ML predicate offences.
Investors in the region are increasingly seeking out securitisations in an effort to gain more yield on their debt investments. In some cases this is causing the risks of these assets to rise.
Members of the editorial team received multiple accolades at the State Street Institutional Press Awards, including winning Journalist of the Year for pensions coverage.
The British asset manager has added to its real estate team in Singapore as it anticipates an eastward wave of capital from European institutions.
Assets are changing hands among state-owned entities to support the first pillar of the pension system in China, but the asset management business is unlikely to reap benefits from this.