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.
Singapore Exchange unveiled SGX Index Edge to target Asian product issuers and investors seeking customised indices amid what it sees as growing momentum for passive exposure.
China says it is studying a new Taipei-Shanghai Stock Connect scheme but the head of Taiwan's financial regulator claims talks have not yet started. He added that a Singapore Connect will be launched on July 1.
China mulls securities licences for banks; Asean to streamline financial offerings; SFC looks at role of investors; Korea regulator boasts of strong PE growth; Ex-StanChart RM gets life ban.
Recent moves by Singapore's bourse should help boost liquidity, says Huw Gronow of Principal Global Investors. Meanwhile, the firm may look to trade equity derivatives and frontier markets.
Iosco launches cross-border consultation; Korea eyes stock market revival; China permits stock options, loosens ABS rules; Singapore to launch corporate bond platform; and US rewards Asian whistleblowers.
CPPIB, Omers and OTPP are busy hiring in the region for investment talent in credit, real assets and particularly equities. Omers is also planning to add office space in Singapore.
China Pacific Insurance appoints new chairwoman, COO; AMP's CEO to leave by third quarter; Robeco announces duo in senior China roles; Axa IM hires head of institutional sales for Asia; GLP names co-president for logistics; BlackRock sells onshore Korea distribution business; Income Partners poaches head of distribution from Vanguard; and more.
Although sustainable funds have seen increasing inflows amid growing environmental awareness and the spotlight on social issues due to Covid-19, the industry still lacks a standard definition of sustainable investing. Nicholette MacDonald-Brown, head of European blend equities at Schroders, explains the firm’s three-pronged approach of people, process and purpose.
The Singapore state fund recently bought into impact investing specialist LeapFrog, and is eyeing more investments that combine strong financial returns with a positive social effect.
Asset owners are interested in sustainable investments but they lack enough peer benchmarks and suitable products, according to a World Economic Forum white paper.
Swiss Re hires head of China asset management business; BlackRock deregisters its China WFOE; DWS names head of Apac insurance coverage; Amundi appoints first Asia sustainability officer; Manulife IM appoints senior portfolio manager for asset allocation; Morgan Stanley IM hires portfolio manager for A-shares; and more.
Special purpose acquisition companies (Spacs) have gained ground as financing vehicles for companies looking to go public. But Asian family offices have yet to make many investments.