The retirement savings manager of private sector employees in the Philippines reported a net loss for 2020; Singapore Exchange mandates climate reporting by 2023; NZ Super selects UBS AM for A$4.9 billion ESG mandates; GIC invests in crypto company Anchorage and Colombian Buy Now Pay Later (BNPL) startup Addi; Hong Kong and Malaysia issue new Spac rules; and more.
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.
The global move towards central clearing, and the posting of margin on uncleared OTC derivatives, sees asset managers increasingly looking to outsource collateral management.
Singapore Exchange may be improving its technology to increase trading speeds and liquidity, but it is aware that clearing and settlement remains an issue.
The new exchange-traded funds include the first fund in Asia to track the Brazilian stock market. The bank expects sizable growth in inflows from pension and sovereign funds.