Asia
Prudential Singapore’s adviser headcount ‘to grow’ from 800 to 1,500 by end 2025
Singapore had 333,204 millionaires in 2023, and this number is expected to increase by 13% to 375,725 in 2028
MAS lines up S$100m boost for quantum, AI push in Singapore financial sector
Quantum technology was a ‘rapidly advancing field’ with significant potential to transform financial industry
US-headquartered AI wealth platform backed by top asset managers launches in India
The platform has also added a strategic investment from DSP Group
National Crime Agency recovers £5.8m linked to international money laundering network
Funds moved from complex network of UK accounts with majority switched on to accounts in Hong Kong and Taiwan
Dimensional launches three low-cost, systematic active funds in Singapore
The three new funds offer a global, balanced portfolio solution able to meet various long-term investment objectives