Asia
Ex-Goldman Sachs banker banned in 1MDB scandal
Former Goldman Sachs director Tim Leissner has been banned from working in Singapore’s financial services industry for 10 years for his involvement with stricken Malaysian sovereign wealth fund 1MDB, with further prohibition orders expected.
Japan leads the region in passive equity investing
As passive investing continues to gain ground world-wide, Japan remains the heavyweight investor in Asia.
Asian fund industry growth leads the world in 2016
Asia’s fund industry recorded the highest growth in terms of assets under management globally last year, according to a Morningstar report.
US robo adviser eyes Asia
Marketriders, a US robo adviser recently acquired by broker Sogotrade, has its sights on the Hong Kong and China markets.
Aviva strengthens foothold in Singapore with 420 advisers
Insurance giant Aviva has revealed it employs 420 financial advisers in its Singapore advisory unit which was established less than a year ago.