Asia
Future of portfolio bonds is unclear
Hong Kongs insurance and securities industry regulators are reported to be considering whether to introduce new restrictions on the sale of open architecture investment products, including so-called personal portfolio bonds (PPBs), market sources there say.
untapped opportunity in hnw clients in asia
Insurance companies see a good potential to promote life wrapping insurance products to a rapidly growing high net worth individuals population segment in the Asian region.
Sing insurance professionals predict commission
Nearly half of the insurance professionals in Singapore feel that regulatory requirements for greater commission disclosures are “very likely” to come into place over the next three years.
Threadneedle continues Asia managed funds
Threadneedle Investments has launched a flexible Asian bond fund to be managed by its Singapore-based investment team.
Singapore signs agreement to implement FATCA
Singapore and the United States have signed an agreement which will enable Singapore-based financial institutions to more easily comply with the US Foreign Account Tax Compliance Act.