The Singaporean central bank has shifted a healthy slice of its reserves to the sovereign wealth fund, ahead of an expected economic slowdown amid slowing global trade.
Despite the market's improved mood music, investment experts have reined in their expectations for this weekend's Osaka summit and remain wary of the economic downside.
Fund firms would be better able to comply with rules on the reporting of OTC derivatives trades in Singapore if ambiguities were cleared up, argues a senior executive at the trade depository.
Five years after the collapse of Lehman Brothers, central clearing services are appearing for over-the-counter derivatives in Asia Pacific, but challenges remain.
Asset managers appear resigned to the drive by governments globally to collaborate on information exchange and withholding requirements for combating tax evasion, says JP Morgan.
The bank becomes the second after Citi to combine trading execution with settlement/clearing on a multi-asset class platform.