The US property investment firm has closed its international branches, laying off most of its portfolio managers in the process, say sources.
The city-state should see digital advisers proliferate once a new framework is in place, says Liew Nam Soon, managing partner at EY. But there's a way to go before that happens.
The new firm's chief executive, Walter de Oude, sets out his stall to AsianInvestor, with some arguing this could be a good time to challenge more traditional insurers.
The US investment house has set up a branch in Singapore in a bid to tap rising demand for niche fixed income assets and boost its Asia allocation.
The Singaporean fund house has created a co-head structure for its multi-asset team and made three new appointments in an investment reshuffle.
The private equity firm and sovereign wealth fund took advantage of strong bond markets to raise funds to pay themselves a special dividend in an Indian outsourcing company.
The Malaysia and Singapore bourses recognise they are lagging peers in North Asia in respect of exchange-traded funds – and are keen to catch up.
The newly rebranded fund house has brought in an industry veteran to cover asset owners, as rivals move to beef up their own sales teams in the region.
After an initial lack of asset manager interest in listing leveraged and inverse exchange-traded funds in Singapore, the local bourse expects the first products to arrive in 2017.
The sovereign wealth fund was among those taking part in the Asian Investment Summit, as panelists discussed screening for liquidity against different investment horizons.
Aberdeen and Franklin Templeton have just added senior hires in the region, while Credit Suisse Private Banking and Schroders have seen recent departures.
The German group has made an external hire to succeed Eugen Loeffler, who retired at the end of March.
The Singapore Variable Capital Company proposals have some important issues that need ironing out, says Justin Ong of PwC, which is advising the regulator on the framework.
The city's newly proposed investment vehicle aims to go beyond what many had expected, says a senior lawyer, and the industry is cautiously optimistic.
The UK life insurer is reorganising its Asian investment team, say sources; it has brought in local CIOs for Singapore and Hong Kong and aims to do the same in Malaysia.
The city-state’s imminent review of its corporate governance code is set to address two areas where more disclosure is needed, says David Smith of Aberdeen Asset Management.
The Asian insurer has transferred staff from Hong Kong to the new Singapore-based entity, which it established to improve the efficiency of investment operations across the group.
The Swiss multi-family office is buying more Asian high yield and emerging-market debt despite concerns over a strong dollar, but it is wary of US equities.
AsianInvestor reported on Wednesday that Sandra Cheng, head of institutional business for Southeast Asia at Columbia Threadneedle, was leaving the fund house. She is in fact still an employee of the firm, said a spokeswoman.
Singapore-based BetaSmartz, which combines automated and face-to-face financial advice, is busy onboarding fund manager clients.