Asia
Singapore reaches out for financial industry advice
As Hong Kong develops strong market links with China, Singapore’s new financial centre advisory panel hopes to chart strategies for the Lion City’s own future.
Quantum China cool on Mutual Fund Recognition
Foreign firms planning on a Hong Kong-domiciled product for the Mutual Recognition of Funds initiative will likely find limited appeal in China, said Anthony Yeung, managing partner and chief executive of Quantum China Asset Management.
China share slide will not spill over to global markets, says L&G IM
China shares fell further on Tuesday after a huge sell-off at the start of the week, but an equity strategist from Legal & General Investment said it was an “isolated event” which will not significantly impact international markets.
MAS tightens rules on product sales
The Monetary Authority of Singapore is planning measures aimed at safeguarding the interests of consumers who purchase financial products in public venues.
Manulife Singapore drives growth plans with two senior appointments
Manulife Singapore has appointed a chief product officer and chief marketing officer as it looks to “align leadership responsibilities with key areas of focus” in order to support its growth plans.