Asia
Current market jitters forecast by FPI survey
The current sell-off in global stockmarkets appears to have been forecast by respondents to Friends Provident International’s most recent investor sentiment survey.
JP Morgan AM keen on Singapore
JP Morgan Asset Management aims to strengthen its partnership with distributors and look at adding funds to their platforms as the firm expands in Singapore, said Steven Billiet, chief executive officer.
Salisbury Securities directors given life
Two former directors of Salisbury Securities have been given a life ban from the industry after they used client investments for personal and business expenses.
Leading Malaysian banks to form 190bn
Malaysias CIMB Group and two fellow lenders are allegedly about to join to form the countrys biggest banking group.
Lion Global Investors given RQFII licence
Lion Global Investors has become the latest company to be awarded a Renminbi Qualified Foreign Institutional Investor (RQFII) licence, which will allow it to invest in Chinas domestic capital markets.