Asia
Study reveals lack of understanding of Shariah
Less than half of Malaysian unit trust investors currently own Shariah funds while nearly two thirds say they are not confident about their understanding of Shariah-based investments.
Pacific Sun Advisors director convicted
Pacific Sun Advisors and its director, Andrew Mantel, have been convicted of issuing advertisements to promote a fund without the authorisation of the Hong Kong Securities and Futures Commission.
Barings plans Hong Kong fund range for early 2015
Baring Asset Management is planning to launch a range of Hong Kong domiciled funds early next year, with a view to selling the range in China.
Malaysia to open asset management industry
Malaysia has announced a raft of measures to strengthen its capital markets, including steps to facilitate the entrance of foreign firms to the local asset management industry.
Fin holding cos under MAS purview
Singapores regulatory authorities are working on norms that would bring financial holding companies under its ambit as it seeks to enhance the regulatory framework for combating money laundering and terrorism financing.