MAS puts private banks on notice with Falcon sanction
Singapore's central bank demonstrated its increased zeal to enforce anti-money laundering laws by revoking Falcon Private Bank's licence and heavily fining DBS and UBS.
Tag : antimoney laundering
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Sep 22, 2016
HK regulator suspects brokers of inadequate AML controls
The city's Securities and Futures Commission has identified areas of concern related to anti-money laundering controls and is investigating several firms.
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APG and NPS join forces in heavyweight $1.2tr tie-up
The largest retirement funds in the Netherlands and South Korea have formed a landmark partnership to focus on real asset mega-deals. Their investment heads tell AsianInvestor why.
Weekly roundup of people news, Oct 23
Federated Hermes adds Asia, Australia/New Zealand sales heads; Eastspring, Nomura AM, Aberdeen name new Taiwan chiefs; Peak Re hires first chief economist; CBRE names HK investment property head; Campbell Lutyens appoints senior adviser in Singapore; and more.
PNB starts factor investing and eyes private credit
The Malaysian state-linked unit trust manager has given factor-based global equity mandates to three fund houses and is mulling investing into new types of illiquid assets, say sources.
Weekly roundup of people news, Oct 16
Taiping Insurance appoints new chairman; Etiqa replaces Singapore chief; Nuveen appoints Japan real estate head; Vontobel opens Singapore office; Aquila Capital names Apac CEO; Neuberger Berman adds new RM; Ocorian poaches fund services trio from Apex; Northern Trust replaces HK client services head; CSOP sells FO business to Carret Private and more.
Private assets make up 13.7% of portfolios: Schroders survey
Institutional investors still believe private asset investing comes with extra challenges, but that the diversification and return benefits make it worth their while. A recent Schroders survey identifies notable increases in interest for real estate debt, infrastructure equity and insurance-linked securities.
New methods of portfolio balancing – a multi-strategy approach
David Elms, Head of Diversified Alternatives at Janus Henderson Investors, says that 2020 presented a volatility opportunity for those who were ready for it. In the following Q&A, he shares some strategies for risk-adjusted returns over time - from truly diversified sources – and talks about the biggest risks he sees in the markets today.
Market Views: What China’s next five-year plan may bring
The Chinese government will next week discuss its economic and social development plan for 2021 to 2025 against a volatile global backdrop. Investment experts are mulling potential outcomes.
Asian tourism: The long road ahead
Compared to global peers, Asia’s travel and tourism sector appears better positioned to weather the lingering challenges in a post-Covid world. Amid international travel restrictions, domestic tourism shows signs of recovery - while talk of regional travel bubbles brings hope to the industry. This is the final instalment in Eastspring’s Asian Expert Series, exploring the future of Asia post Covid-19.
Index Innovation for Multi-Asset Solutions Gains Pace
Rising demand for ESG-themed funds has led to the development of indices with sustainability components.
Impact investing: a key role to play in reshaping the future
Impact investing aims to identify businesses and organisations pursuing purpose-led activities serving the needs of the global economy and environment. A thematic approach to impact investing seeks to identify opportunities created by pressing issues that can be identified as megatrends – including climate change, access to water and pandemics.
