Asia
Thailand offers more channels for mf distribution
Thailand is introducing an additional mutual fund distribution channel and has allowed state-owned non-bank companies to act as agents.
luxembourg for more fin cooperation with singapore
Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.
Aviva hires Great Easterns Wei as CEO
Aviva has hired Great Eastern Holdings group chief executive Chris Wei for the role of CEO global life insurance and Asia chairman.
Aberdeen names Leenabanchong as Thailand CEO
Aberdeen Asset Management has poached UOB Asset Management’s chief investment officer Korawut Leenabanchong as its new chief executive.
Hong Kong govt fights high MPF fees with core fund
The Hong Kong Government has proposed introducing a ‘core fund’ option for investors in the Mandatory Provident Fund, in a bid to combat high costs and help those less able to select funds.