uk singapore agree to deepen financial cooperation
The UK and Singapore have agreed to deepen their financial and economic cooperation and also supported the setting up of a private sector forum to boost development of the offshore renminbi market
cerulli on koreas online fund supermarket
An online fund supermarket preparing for launch in Korea is unlikely to have much of an impact on the country's mutual fund distribution landscape in the short term, according to Cerulli Associates.
AIA new business grows in 2013
The value of new business at Asia’s largest insurer AIA Group grew by a quarter during the year to the end of November, despite a decline in net profit.
hk fund industry net sales slump in 2013
The Hong Kong fund industry witnessed a slump in net sales in 2013 over the previous year, according to Hong Kong Investment Funds Association, which attributed the decline to bond funds which saw net annual outflows for the first time since 2007.
asifma forms asset management group
The Asia Securities Industry and Financial Markets Association (ASIFMA) has launched an asset management group to advocate the views and interests of Asian asset managers at local, regional and global levels.