Asia
BNY Mellon unveils key elements
BNY Mellon has been approved for a capital markets services licence in Singapore and has unveiled a new, Tokyo-based Asia-Pacific capital markets business, as it looks to expand its investment capabilities in Asia.
pwc proposes a revamping
Singapore should consider revamping the way its investment fund laws are structured, to permit different asset management industry sectors to offer more variety and thus cater to a brader range of clients, a new PwC white paper says.
standard life investments sets up new office in hk
Standard Life Investments has set up a new office in Hong Kong as part of its on-going Asian expansion plan and in order to make the region its Asia Pacific hub.
devere announces acquisitions of two asia managers
The deVere Group said today that it had acquired the Shanghai-based Elite Investment Group as well as the Hong Kong-based wealth management and IFA platform arm of the Precision Group Asia.
mas lays plan to turn singapore global ins hub
By 2020, Asia is likely to account for almost 40% of the global market with annual growth of about 8% a year, according to Ravi Menon, managing director of the Monetary Authority of Singapore.