EII Capital shuts Singapore, other overseas offices
The US property investment firm has closed its international branches, laying off most of its portfolio managers in the process, say sources.
Singapore
Singapore robo rules tipped to spark mass-retail dash
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.
Startup Singapore Life targets industry shake-up
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.
Credit manager Muzinich opens Asia office
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.
Fullerton names new bond, equity and multi-asset heads
The Singaporean fund house has created a co-head structure for its multi-asset team and made three new appointments in an investment reshuffle.
Blackstone and GIC execute rare Asian dividend recap
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.
Asian exchanges ramp up ETF push
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.
BNP Paribas AM hires Asia head of institutional sales
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.
SGX says L&I ETFs will launch this year
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.
GIC sees challenges for value investing
The sovereign wealth fund was among those taking part in the Asian Investment Summit, as panelists discussed screening for liquidity against different investment horizons.
More big multi-asset moves highlight fierce demand
Aberdeen and Franklin Templeton have just added senior hires in the region, while Credit Suisse Private Banking and Schroders have seen recent departures.
Allianz names new CIO for Asian insurance arm
The German group has made an external hire to succeed Eugen Loeffler, who retired at the end of March.
Clarity sought on new Singapore fund vehicle
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.
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Singapore’s big ambitions for new fund structure
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.
Prudential adds CIOs in Asia reshuffle: sources
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.
Singapore shapes up for governance code changes
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.
AIA sets up central investment hub, builds team
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.
Family office Nutrimenta adds Asian bond risk
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.
CORRECTION: Sandra Cheng still at Columbia Threadneedle
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.
Robo hybrid platform BetaSmartz opens HK office
Singapore-based BetaSmartz, which combines automated and face-to-face financial advice, is busy onboarding fund manager clients.
