Hou Wey Fook, head of managed investment solutions at the private bank, outlines how his team incorporates active and passive funds in client portfolios, and its use of consultants.
It’s a case of déjà vu for Singapore’s DBS, which has lost out to local rival OCBC – as in the ING private bank deal in 2010 – in the race for Barclays’ Asian wealth unit. UOB was also bidding.
The Singaporean bank's private equity unit has closed its debut fund ahead of expectations. Strong demand raises the possibility that PE investors see buying opportunities amid the current market unrest.
The private bank's head of mutual funds and hedge fund selection has left the company for the second time in a year. Bank of Singapore has chosen a replacement for the fund selector.
The opportunity to service retail and wealthy clients in Asia has fired banks’ ambitions to boost their distribution power. Here are the banks that have made the boldest moves to become regional champions.
The Singaporean asset manager has named OCBC chief executive David Conner as chairman and Christopher Wei as deputy chairman.