Asia
Robeco sets up Singapore office
Netherlands-based Robeco has opened a new office in Singapore for sales and client servicing and, separately in Asia, New York Life Investment Management is opening a Japan sales office.
Malaysia’s retail unit trust sector gets a boost
Malaysia’s Securities Commission (SC) is shortening the time it takes to get non-complex retail unit trusts to market.
Singapore to act against 4 key banks over 1MDB scandal
Singapore has announced plans to take action against four major banks, including a Swiss private bank, over their involvement with the scandal-ridden Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB).
Malaysian finance centre grows Asia Pacific footprint
The Labuan International Business and Financial Centre (IBFC) approved 16 new insurance and insurance-related licences in 2015 as it expanded its footprint in Asia Pacific.
US asset manager sets up in Hong Kong
US-based AQR Capital Management is to open an office in Hong Kong to focus on sales and client servicing while evaluating China’s investor base.