Aviva launches 280-strong Singapore advice business
The UK-headquartered insurer has set up a financial advisory firm in Singapore called Aviva Financial Advisers, offering advice on a full range of life, health, general insurance, and investment products.
Investment | 25 Jul 16
Active management sector needs to shrink – Moody’s
The active management industry will have to shrink substantially, Moody’s Investor Services argues in a new report on the growth of passive investments.
BlackRock bond fund seeks diversified fixed income exposure
BlackRock has launched a fixed income fund that invests in global macroeconomic strategies with exposure to regions where interest rates are attractive and also where markets are effected by supportive monetary policy.
South African life insurer Discovery moves into Japan
South Africa’s third largest insurer by market value, Discovery, has teamed up with Japan’s Sumitomo Life Insurance and SoftBank Group to launch life products into Japan, the company has announced.
Higher sector risk after Singapore bond defaults
Asset managers believe that the country’s bond defaults are a concern, but stopped short of saying they would spread outside the energy-related sectors.