Asia
Threadneedle: Cheaper ASEAN valuations not attractive
In recent weeks, industry players have said that growth prospects in emerging regions remain strong, with investment opportunities springing up in countries such as Malaysia, Indonesia and even frontier Vietnam.
Singapore U-turns on fund passport regime due to unfair tax rule
The Monetary Authority of Singapore said it backed out of a fund passport initiative because the legislation failed to address inequalities in the tax treatment of local and foreign investors.
Investors can opt-in to Singapore safeguards under new rules
Wealthy Singapore investors will be able to choose their own level of regulatory protection when new rules come into force next year.
Fund houses wary of China reform
China has been under scrutiny over the past few weeks, and it seems industry sources have a growing concern over the government’s economic reform efforts.
Maybank hopes to build discretionary services
Malaysia’s Maybank is aiming for a soft launch of its discretionary portfolio management service in Singapore by the end of this year, Ang Mui Koon, senior director of discretionary services, confirmed in an interview with sister website Fund Selector Asia.