Asia
Passive funds to grow in popularity across Asia Pacific region says report
Passive funds are set to be increasingly used as core holdings for client portfolios in the Asia-Pacific region, according to a report by global analytics firm Cerulli.
MAS backs framework for resolving cross-border institutional issues
The Monetary Authority of Singapore has underlined the importance of establishing cross-border cooperation with authorities around the world to help resolve issues with financial institutions with a parent company based outside of the city state.
UOB Asset Management to roll out three RQFII funds
The Singapore-based firm said it will launch an RMB Onshore Money Market Fund, an RMB Onshore Bond Fund and an RMB Onshore Equity Fund in the coming months
UK service aims to match HNWIs and advisers in Singapore
A UK-based online service, which aims to help high net worth individuals find wealth management firms, has been launched in Singapore.
Complaints against SFC-licensed advisers double in a year
The number of complaints made against the conduct of intermediaries who are licensed by Hong Kong’s Securities and Futures Commission (SFC) has more than doubled in a year, the latest figures reveal.