Noble Investments is marketing structured notes based on multiple hedge fund asset classes to regional distributors.
This is the first retail product that primarily invests in non-Philippine securities.
BNP Paribas has been granted a licence to offer global derivative products on the S&P Hedge Fund Index.
Janus receives approval for expanded range of nine funds.
Schroders and Standard & Poor''s launch a global fund of funds service for financial institutions.
UOB Asset Management has entered a strategic alliance with New York-based PlusFunds Group to offer Singapore retail and institutional investors passive exposure to hedge funds incorporated in an index created by Standard & PoorÆs.