Asia
Singapore regulator stops operations of fund house
The Monetary Authority of Singapore said V Wealth Capital Pte can no longer conduct its fund management business in Singapore after failing to comply with a number of rules.
Time to buy Asian high yield, says Matthews Asia
The current credit cycle may be reaching a turning point and, notwithstanding fears that US Federal Reserve rate hikes look almost certain, now is the time to buy high yield credit and particularly from Asian issuers, says Teresa Kong, portfolio manager at Matthews Asia.
Robo-advisers on the rise, CFA survey shows
Robo-advisers will have a significant impact on the financial services industry over the next five years, a global fintech survey by CFA Institute showed.
Hong Kong regulator signs MoU with US counterpart
Hong Kong’s Securities and Futures Commission (SFC) has signed an agreement with the Financial Industry Regulatory Authority (FINRA) of the United States regarding the supervision and oversight of regulated entities operating cross border between the two jurisdictions.
Singapore opens up corporate bonds to retail investors
Corporate bond issuers in Singapore will find it easier and cheaper to tap into the retail market after the country’s monetary authority (MAS) introduced two new regulations that will open up corporate bond offerings to retail investors.